Update on School District Budgets [Publication Details]

Nov 16, 2020 - Update on School District Budgets [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4301

Update on School District Budgets

Nov 16, 2020 - The main objective of the COE is to determine whether the budget allows the school district to meet its financial obligations during the fiscal year. School Districts Revise Their Budgets Throughout the Fiscal Year.
https://lao.ca.gov/Publications/Report/4301

Income Tax Withholding Tracker: November 9 - November 13 [EconTax Blog]

Nov 13, 2020 - Federal withholding this week was down 16 percent from 2019, and California withholding this week in 2009 was down 25 percent from 2008.  
https://lao.ca.gov/LAOEconTax/Article/Detail/579

October 2020 State Tax Collections [EconTax Blog]

Nov 13, 2020 - Next week, we will release our annual Fiscal Outlook, which will discuss the implications of these better-than-expected collections for the state ’s revenue outlook in the coming months and years. Withholding and sales tax receipts continue to be the largest sources of better-than-expected collections.
https://lao.ca.gov/LAOEconTax/Article/Detail/578

An Analysis of University Cash Management Issues [Publication Details]

Nov 10, 2020 - Given these developments, monitoring the universities’ fiscal condition over the coming years will be especially important for the Legislature. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/4293

Expanding Access to Safe and Affordable Drinking Water in California—A Status Update [Publication Details]

Nov 10, 2020 - One year later, SWRCB has made good progress in establishing spending priorities, beginning to allocate funds and execute projects, and collecting essential data to identify the communities that should be targeted for improvements.
https://lao.ca.gov/Publications/Detail/4294

Expanding Access to Safe and Affordable Drinking Water in California—A Status Update

Nov 10, 2020 - Noncommunity Water System: Public water system that (1) regularly serves 25 or more of the same persons for more than 6 months but fewer than 12 months per year (referred to as “nontransient ”), such as a school, or (2) does not regularly serve at least 25 of the same persons over 6 months of the year (referred to as “transient ”), such as a rest stop or campground.
https://lao.ca.gov/Publications/Report/4294

An Analysis of University Cash Management Issues

Nov 10, 2020 - Campuses will repay the bonds from their operating budgets over ten years. For the first five years, UC will only make interest payments, thereby delaying the largest debt service costs to later years.
https://lao.ca.gov/Publications/Report/4293

An Analysis of University Reserves

Nov 10, 2020 - For example, it had seven months of total housing reserves (of which  one month was uncommitted) and 25 months of total parking reserves (of which  five months were uncommitted). At UC, total reserves adjusted for expenditures at the end of 2018-19 were similarly higher for medical centers and its other noncore programs than for its core operating fund.
https://lao.ca.gov/Publications/Report/4295

An Analysis of University Reserves [Publication Details]

Nov 10, 2020 - Importantly, though the state viewed the universities’ reserves as a budget tool for mitigating funding reductions this year, state law is silent on the level of reserves CSU and UC are to carry, the purposes of those reserves, and the interaction of those reserves with the state’s reserves.
https://lao.ca.gov/Publications/Detail/4295