The 2020-21 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2020 - Removing this item —which reduces General Fund spending —from the list of discretionary choices made in the Governor ’s budget increases our calculation of the surplus to $6 billion. The document is updated to reflect these changes.
https://lao.ca.gov/Publications/Detail/4135

The 2020-21 Budget: Debt Service on Infrastructure Bonds

Nov 20, 2019 - As shown in Figure  1, the DSR has varied considerably in past decades between about 3  percent and 6  percent. In the late 2000s, the DSR grew to about 6  percent following the approval of several large bond measures, as well as a significant reduction in state revenues due to the recession.
https://lao.ca.gov/Publications/Report/4118

Debt Service on Infrastructure Bonds

Nov 15, 2017 - As shown in Figure  1, the state ’s DSR has varied considerably in past decades between about 3  percent and 6  percent. In the late 2000s, the DSR grew to about 6  percent as large bond measures were approved and state revenues dropped due to a recession.
https://lao.ca.gov/Publications/Report/3713

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Governor Has a $6   Billion Surplus to Allocate. We estimate the Governor had a $6  b illion surplus to allocate in the 2020 ‑ 21 b udget process. (The box below gives more information on how we use the term “surplus ” in the Overview of the Governor ’s Budget .)
https://lao.ca.gov/Publications/Report/4135

Assessing Community College Programs at State Prisons

Jul 1, 2024 - Figure  6 shows that success rates are consistently lower for students in correspondence courses. In fall 2019 (the year just before the pandemic), the gap in success rates between in ‑person and correspondence courses was 15  percentage points.
https://lao.ca.gov/Publications/Report/4913

The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - Currently, interest rates for bonds are projected to be about 6  percent to 7  percent in fall 2023. This is significantly higher than recent years, when rates have been less than 5  percent. On the other hand, using cash also means less funding is available to support near-term budget priorities.
https://lao.ca.gov/Publications/Report/4709

The 2024-25 Spending Plan: Judiciary and Criminal Justice

Sep 10, 2024 - The General Fund amount is a net decrease of $198  million (6  percent) from the revised 2023-24 amount. This net decrease is largely due to a one-time reduction in General Fund support for the branch offset by increased support from the Trial Court Trust Fund (TCTF) and an ongoing reduction to baseline trial court operations to help address the state ’s budget problem.
https://lao.ca.gov/Publications/Report/4924

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The Governor ’s budget includes an increase of $ 540   m illion ongoing General Fund for the universities —$ 300   m illion (7. 6   p ercent) for CSU and $ 240   m illion (6. 9   p ercent) for UC. Whereas the previous Governor favored giving the universities unrestricted increases and allowing them to determine funding priorities, the new administration takes a different approach by itemizing proposed funding increases.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: California Spending Plan—Other Provisions

Oct 17, 2019 - The agreements with seven bargaining units (Units 2, 6, 9, 10, 12, 16, and 19) are scheduled to expire at the end of 2019-20. Pursuant to the state ’s labor agreements, the 2019-20 budget assumes that most state employees receive a pay increase in 2019-20 of about 3.5  percent.
https://lao.ca.gov/Publications/Report/4101

The 2020-21 Spending Plan — Other Provisions

Oct 7, 2020 - Additionally, Chapter  359 increases the fees paid by certain DCA licensees to support CURES from $6 to $11 for a two-year period —April 1, 2021 through April 2, 2023. After this period, the fee for each licensee would be $9 on an ongoing basis.
https://lao.ca.gov/Publications/Report/4277