The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - The spending plan converts $ 694  m illion from the SPIF and some other smaller projects to LRB financing. As a result, the state will borrow from the bond market to pay the upfront costs of these projects and then repay those bonds with interest over time.
https://lao.ca.gov/Publications/Report/4263

The 2020-21 Budget: Initial Comments on the Governor’s May Revision

May 17, 2020 - The Governor proposes converting this and other projects to LRB financing. Under this proposal, the state would borrow from the bond market to pay the upfront costs of these projects and then repay those bonds with i nterest over time.
https://lao.ca.gov/Publications/Report/4232

CCC and UC: An Evaluation of Best Value Procurement Pilot Programs

Dec 21, 2017 - By contrast, a much smaller share of LRB contracts —about 25  p ercent —were for services. We note that the services procured using BV and CPQP tended to be somewhat more complex than services procured using LRB.
https://lao.ca.gov/Publications/Report/3726

^[PDF] CCC and UC: An Evaluation of Best Value Procurement Pilot Programs

CPQP Arguably More Similar to BV Than LRB Process. UC maintains that CPQP conforms to the statutory LRB requirement because the award goes to the bidder with the “lowest cost per quality point.” Yet CPQP scoring systems can produce contract winners that differ from the result of a traditional LRB process.
https://lao.ca.gov/reports/2017/3726/best-value-procurement-122117.pdf

^[PDF] State Infrastructure Spending

Recent General Fund Spending 1 2 3 4 5 6 $7 Health Convert LRBs to General Fund Housing and Homelessness SAL = state appropriations limit and LRB = lease revenue bonds. General Fund Spending on SAL-Excluded Capital Outlay in the 2022-23 Budget (In Billions) a Includes General Fund and local property tax revenue under the requirements of Proposition 98.
https://lao.ca.gov/handouts/state_admin/2023/State-Infrastructure-Spending-031523.pdf

^[PDF] The 2020-21 Budget: Overview of the California Spending Plan

The spending plan converts $694 million from the SPIF and some other smaller projects to LRB financing. As a result, the state will borrow from the bond market to pay the upfront costs of these projects and then repay those bonds with interest over time.
https://lao.ca.gov/reports/2020/4263/spending-plan-2020.pdf

^[PDF] Debt Service Information

Existing Bond Authorizations Attached to this letter is “Appendix A” from the Treasurer’s Debt Affordability Report, which shows outstanding and authorized, but unissued, GO and LRB debt as of July 1, 2009.
https://lao.ca.gov/2009/stadm/debt_service/Debt_Service_Information_Memo_10_30_09.pdf

^[PDF] The 2020-21 Budget: Initial Comments on the Governor’s May Revision

The Governor proposes converting this and other projects to LRB financing. Under this proposal, the state would borrow from the bond market to pay the upfront costs of these projects and then repay those bonds with interest over time.
https://lao.ca.gov/reports/2020/4232/2020-May-Revision-Initial-Comments.pdf

^[PDF] California's Key Liabilities: debt, deferred payments, and other liabilities that will affect the state’s financial health in the future.

These include both general obligation (GO) and lease-revenue bond (LRB) debt. • Retirement-Related Liabilities. These include unfunded actuarially accrued liabilities for pensions and retiree health benefits.
https://lao.ca.gov/2009/bud/liabilities/CA_Liabilities_073009.pdf

^[PDF] Moran Reforestation Center Improvements 50 GF New 5,826

Moran Reforestation Center Improvements 50 GF New 5,826 Self-Generating Power in Tehama-Glenn and Fresno-Kings Units 50 GF New 30,100 Totals $175,235 $712,723 CalFire = California Department of Forestry and Fire Protection; GF = General Fund; AAB = Air Attack Base; LRB = lease-revenue bonds; HB = Helitack Base; FS = Fire Station; and UH = Unit Headquarters. 2 0 2 2 - 2 3 B u d g
https://lao.ca.gov/reports/2022/4504/wildfire-response-012822.pdf