The 2021-22 Budget: CalAIM: New Directions for Services for Seniors and Persons With Disabilities

Mar 15, 2021 - In the years following initial implementation of CCI, many dually eligible beneficiaries living in participating CCI counties chose not to participate in Cal MediConnect, leaving enrollment below initial expectations.
https://lao.ca.gov/Publications/Report/4404

The 2021-22 Budget: CalAIM: Equity Considerations

Mar 12, 2021 - All that said, the evaluations only cover the expiring pilot program ’s earliest years of implementation. Positive impacts directly related to program implementation could take longer to arise. The forthcoming evaluations should cover the impacts of the latter years of implementation and, therefore, fundamentally could change our understanding of the impacts of these programs.
https://lao.ca.gov/Publications/Report/4402

Building Permits Update: January 2021 [EconTax Blog]

Mar 11, 2021 - Despite its recent sharp drop in rents, San Franci sco recorded its biggest month in two years with 525 permits. Nonresidential construction permit activity remains very weak, and the January total of $1.048 billion was the lowest of any month since at least 2012.
https://lao.ca.gov/LAOEconTax/Article/Detail/633

Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Strengthening the CalSTRS Funding Plan — 36 a Reflects how often a loss of similar magnitude or greater has occurred in any one year over the past 25 years. b Under scenario 3, the state ’s rate would increase by the maximum allowed each year through 2041 ‑42, then continue increasing by less than the maximum each year through 2045 ‑46.
https://lao.ca.gov/Publications/Report/4400

The 2021-22 Budget: Various CSU Proposals

Mar 9, 2021 - The Stockton center ’s strategic plan (which was last updated in 201 9) i ncludes a goal to increase the center ’s enrollment by 25  p ercent annually over a five ‑year period, subject to available funding.
https://lao.ca.gov/Publications/Report/4399

The 2021-22 Budget: University Capital Outlay [Publication Details]

Mar 5, 2021 - In this post, we focus on university capital outlay projects. We first provide background on university capital financing and project review. We then review capital outlay proposals for the California State University (CSU) and the University of California (UC). Next, we raise some concerns with the previously authorized UC Merced medical school project and make an associated recommendation.
https://lao.ca.gov/Publications/Detail/4395

The 2021-22 Budget: University Capital Outlay

Mar 5, 2021 - UC must certify compliance with this requirement each year before DOF may approve UC projects. According to DOF, UC is still developing a process to use to demonstrate its compliance. UC Is Requesting Approval of One Project in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4395

K-12 Funding by Source [EdBudget]

Mar 4, 2021 - K-12 Funding by Source [EdBudget]   a Excludes $3.7 billion deferred from 2021-22 to 2022-23. b Includes state pension payments on behalf of districts, state debt service on school facility bonds, funding for the California State Preschool Program, and operational expenses of the California Department of Education and other state agencies. c The June 2020 budget plan shifted
https://lao.ca.gov/Education/EdBudget/Details/485

Districts' Pension Contribution Rates and Amounts [EdBudget]

Mar 4, 2021 - Districts' Pension Contribution Rates and Amounts [EdBudget]     a Projected rates for 2021-22 through 2024-25 are based on actuarial assumptions and experience through June 30, 2019. Final rates for those years will vary based on actual experience (including actuarial losses in 2019-20) and other factors.
https://lao.ca.gov/Education/EdBudget/Details/493

Contributions to CalSTRS [EdBudget]

Mar 4, 2021 - Contributions to CalSTRS [EdBudget]     Projections for 2021-22 through 2024-25 are based on actuarial assumptions and experience through June 30, 2019. Final rates and amounts for those years will vary based on actual experience (including actuarial losses in 2019-20) and other factors.
https://lao.ca.gov/Education/EdBudget/Details/492