Overview of State Bond Debt Service [EconTax Blog]

Feb 27, 2024 - Overview of State Bond Debt Service [EconTax Blog] Overview of State Bond Debt Service February 27, 2024 In this post, we summarize state bonds, the state ’s current debt levels, and its annual debt service payments.
https://lao.ca.gov/LAOEconTax/Article/Detail/798

The 2024-25 Budget: Insolvency Risks for Environmental and Transportation Special Funds

Feb 27, 2024 - (These payments are related to a 2017 ‑18 budget action that borrowed from the General Fund for a large one ‑time contribution to the state employee pension fund, requiring future repayment from all relevant funds that make employer pension contributions, including MVA.
https://lao.ca.gov/Publications/Report/4858

The 2024-25 Budget: Department of Health Care Access and Information

Feb 27, 2024 - State Recently Established Grant Program to Support Cost of Seismic Upgrades. As part of Chapter  489 of 2021 (SB  395, Caballero), which increased taxes on electronic cigarette products, the state created the Small and Rural Hospital Relief Program.
https://lao.ca.gov/Publications/Report/4860

The 2024-25 Budget: Child Support

Feb 27, 2024 - Implementation of New State Policy DSS Updated Policy to Align State Referral Practices With New Federal Guidance and State Law. In March  2023, DSS issued a letter to counties updating the state ’s policies.
https://lao.ca.gov/Publications/Report/4861

The 2024-25 Budget: Child Welfare

Feb 26, 2024 - FFPSA Part I extension of expenditure authority — — Governor ’s budget proposes to extend the expenditure deadline for local child welfare agencies to spend their grant dollars for the state Family First Prevention Services Block Grant for four years, to June 30, 2028.
https://lao.ca.gov/Publications/Report/4855

The 2024-25 Budget: Flood Management Proposals

Feb 26, 2024 - This funding would support repairs to levees and other infrastructure on state ‑owned land, for which the state is responsible. The funding also would enable the state to draw down additional support from USACE.
https://lao.ca.gov/Publications/Report/4856

The 2024-25 Budget: Salton Sea Management Program

Feb 26, 2024 - The state carries out this role through the SSMP. (While statute requires the state to consider local economic impacts, it does not assign fiscal responsibility to the state to address any such effects that may result from a shrinking Salton Sea.
https://lao.ca.gov/Publications/Report/4859

The 2024-25 Budget: Transportation Budget Solutions [Publication Details]

Feb 23, 2024 - In this brief we (1) provide background on recent funding augmentations in transportation; (2) describe the Governor’s proposed transportation budget solutions; (3) discuss our assessment and recommendations for the Governor’s proposals; and (4) discuss potential additional solutions the Legislature could consider.
https://lao.ca.gov/Publications/Detail/4854

The 2024-25 Budget: Judicial Branch

Feb 23, 2024 - As absent this proposal direct state funding for self-help centers would decrease to $11  million beginning in 2024 ‑25, this proposal represents a budget augmentation. However, if approved, this proposed augmentation would maintain direct state funding for self-help centers at $30  million —the level it has been at since 2018 ‑19.
https://lao.ca.gov/Publications/Report/4848

The 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - For instance, any redirections from SHA ultimately would result in less funding available for state highway maintenance and rehabilitation projects. SHA funds the California Department of Transportation ’s State Highway Operation and Protection Program, which supports capital projects that rehabilitate and reconstruct the state highway system.
https://lao.ca.gov/Publications/Report/4854