The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The 2017 ‑18 budget transfers $851  million from the SPIF to the General Fund. To replace the transferred funding, the budget authorizes the use of $851   million of lease revenue bonds to finance the construction of the two new state office buildings.
https://lao.ca.gov/Publications/Report/3694/1

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The bulk of the proceeds would be allocated to cities and counties to fund affordable rental and ownership housing for low ‑income and middle ‑income households. Second, the package places a $4  billion general obligation bond on the November 2018 ballot.
https://lao.ca.gov/Publications/Report/3694/12

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The Governor ’s Budget also eliminated a $400  million set ‑aside for affordable housing, cancelled a scheduled transfer of $300  million for the replacement of state office buildings, and delayed child care rate augmentations.
https://lao.ca.gov/Publications/Report/3694/2

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Districts that fail to register and submit required data will not receive funding for their transfer students. Chapter  15 also reduces funding for students transferring into basic aid districts from 70  percent to 25  percent of the funding those students would have generated in their home districts.
https://lao.ca.gov/Publications/Report/3694/3

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Regarding undergraduate enrollment, the budget expects UC to enroll 1,500 more students in 2018 ‑19 over the 2017 ‑18 level and to enroll at least one new transfer student for every two new freshmen.
https://lao.ca.gov/Publications/Report/3694/5

A History of California’s Budget Reserves

Mar 24, 2017 - The 2016-17 enacted budget assumed $8.5 billion in total reserves, including $6.7 billion in BSA funds, which represents 7 percent of total General Fund revenues and transfers. As shown in the f igure, this is the highest level of reserves in an enacted state budget plan since 1981-82, the first year shown on the graph.
https://lao.ca.gov/Publications/Report/3630

The 2017-18 Budget: Alternatives to the Governor’s Proposition 2 Proposals

Feb 23, 2017 - Proposition  2 also made eligible reimbursements for pre ‑2004 mandate claims from cities, counties, and special districts, but the 2014 ‑15 budget paid off these outstanding claims. We describe each of the remaining eligible liabilities in greater detail below.
https://lao.ca.gov/Publications/Report/3574

The 2017-18 Budget: California Highway Patrol

Feb 9, 2017 - The 2015 ‑16 budget provided $136  million to fund the design and construction of the area offices in Crescent City, Quincy, San Diego, Santa Barbara, and Truckee, as well as $1  million for advanced planning and site selection to replace five additional unspecified area offices.
https://lao.ca.gov/Publications/Report/3551

Federal Spending in California

Jan 18, 2017 - Cities and Special Districts Receive Almost $8 Billion in Federal Funds. Cities received over $4 billion in federal funds in 2014-15. The federal Community Development Block Grant—supporting local housing and economic development activities—was the single largest program for which cities received federal funding ($231 million).
https://lao.ca.gov/Publications/Report/3531/5

Cal Facts: 2016

Dec 5, 2016 - Historical Budget Reserve Balances Percent of Revenues and Transfers Each year, the Legislature passes a budget with some reserves to cover unanticipated revenue shortfalls or higher costs. In the last two fiscal years, reserve balances have been considerably higher than historical averages.
https://lao.ca.gov/Publications/Report/3511/1