The 2022-23 Budget: Overview of the Governor's Higher Education Budget Proposals

Jan 26, 2022 - Unlike UC, the Proposed Budget ‑Year Base Increase for CSU Falls Short of Projected Operating Costs. We also compare the Governor ’s proposed base increases for the universities to their operating cost increases.
https://lao.ca.gov/Publications/Report/4499

The 2022-23 Budget: Wildfire and Forest Resilience Package [Publication Details]

Jan 26, 2022 - In this brief, we provide our initial assessment and recommendations in response to the Governor's wildfire resilience package, which would provide $1.2 billion over two years (including $800 million of new funding) for proposals intended to reduce the risk of severe and damaging wildfires.
https://lao.ca.gov/Publications/Detail/4495

The 2022-23 Budget: Wildfire and Forest Resilience Package

Jan 26, 2022 - Additionally, A B  38 required a report assessing the cost ‑effectiveness of defensible space and home hardening compared to other activities to be completed by 2024. These required reports should help inform future legislative decisions on how much to spend on various potential approaches to reducing wildfire  risks.
https://lao.ca.gov/Publications/Report/4495

The 2022-23 Budget: Temporary Limits on Business Tax Provisions [Publication Details]

Jan 26, 2022 - This 2022-23 budget post provides background on temporary limits on the use of net operating loss deductions and business tax credits. It describes the Governor’s proposal to lift these limits one year early and provides some comments to the Legislature.
https://lao.ca.gov/Publications/Detail/4500

The 2022-23 Budget: Temporary Limits on Business Tax Provisions

Jan 26, 2022 - Companies and individuals often incur operating losses associated with their business activities in some years. These companies are able to carry the net operating losses (NOLs) forward into future tax years and deduct NOLs from their operating income.
https://lao.ca.gov/Publications/Report/4500

The 2022-23 Budget: Federal Tax Conformity for Federal Business Assistance

Jan 26, 2022 - In addition, estimating in which years the revenue losses would occur is difficult. This is because most of the businesses that would benefit from conforming to the federal tax tr eatment of these grants have operating losses and will not owe taxes this year, or perhaps for several years.  
https://lao.ca.gov/Publications/Report/4501

The 2022-23 Budget: Special Education Proposals

Jan 25, 2022 - Specifically, rather than funding the highest year of SELPA ‑level attendance across three years, the Governor proposes to fund the highest year of attendance for each respective member LEA across three years.
https://lao.ca.gov/Publications/Report/4494

The 2022-23 Budget: Department of Toxic Substances Control Reform Implementation [Publication Details]

Jan 25, 2022 - However, we recommend the Legislature continue to conduct oversight of the programmatic expansions being proposed and to revisit staffing levels in future years. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/4497

The 2022-23 Budget: Cap-and-Trade Expenditure Plan

Jan 25, 2022 - For example, the Governor ’s proposed budget includes $6.1 billion in total a five ‑year ZEV package, which includes $676 million from the GGRF. This is in addition to a $3.9 billion three ‑year package for ZEVs included in the 2021 ‑22 budget agreement.
https://lao.ca.gov/Publications/Report/4496

The 2022-23 Budget: Department of Toxic Substances Control Reform Implementation

Jan 25, 2022 - The proposed amount reflects a decrease of $ 355  m illion, or   41  p ercent, compared to projected current ‑year expenditures. The  year ‑to ‑year change largely reflects some one ‑time funds the department received in 2021 ‑22  that are not sustained at the same levels in the 2022 ‑23  proposal, including the $300  million to address brownfields as well as funding related to the Exide  facility.
https://lao.ca.gov/Publications/Report/4497