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Capital Outlay (6)
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The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - As local governments reach these new goals, an additional $ 500  m illion would be available to cities and counties for general purposes. Middle ‑Income Housing Loans. The Governor ’s budget proposes $ 500  m illion General Fund to expand the California Housing Finance Agency ’s (CalHFA ’s) Mixed ‑Income Loan Program.
https://lao.ca.gov/Publications/Report/3916

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - When enacted, the budget assumed annual General Fund savings of $500  million in 2025-26 that was expected to grow to roughly $2  billion General Fund by 2028-29 across three departments —California Departments of Corrections and Rehabilitation (CDCR), Health Care Services (DHCS), and Social Services.
https://lao.ca.gov/Publications/Report/5081/

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

Jan 13, 2020 - Across a variety of program areas, one ‑time spending includes nearly $ 500  m illion for infrastructure ‑related construction and maintenance. $1.6   Billion to Maintain the State ’s Discretionary Reserve Balance.
https://lao.ca.gov/Publications/Report/4135

The 2019-20 Budget: California Spending Plan—Capital Outlay

Oct 17, 2019 - The 2019-20 Budget: California Spending Plan—Capital Outlay The 2019‑20 Budget: California Spending Plan Capital Outlay Overall, the Legislature approved $3.5  billion for about 200 capital outlay projects in 2019 ‑20.
https://lao.ca.gov/Publications/Report/4105

Evaluating the Sale-Leaseback Proposal: Should the State Sell Its Office Buildings? [Publication Details]

Apr 27, 2010 - We estimate that the sale of buildings would result in one-time revenue to the state of between $600 million and $1.4 billion, but that annual leasing costs would eventually exceed ownership costs by approximately $200 million.
https://lao.ca.gov/Publications/Detail/2261

The Administration’s Sacramento Office Building Construction Strategy: Ensuring Robust Oversight

Dec 14, 2016 - This is well above the estimated cost of building a new high –rise in downtown Sacramento —about $400 to $500 per square foot —and far exceeds the recent sales prices of existing office buildings in the downtown area —generally under $300 per square foot.
https://lao.ca.gov/Publications/Report/3516