The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - ARP Flexible Funding What Are the ARP Flexible Funds? The ARP included $350  billion in funding to state and local governments for fiscal recovery in the Coronavirus State Fiscal Recovery Fund. Of this total, California ’s state government will receive about $27  billion.
https://lao.ca.gov/Publications/Report/4432

Third Round of Federal Higher Education Relief Funding

May 3, 2021 - The Legislature has no direct control over how colleges and universities spend these particular relief funds, as ARP allocates these funds directly to campuses and specifies the allowable uses. (In contrast, the Legislature has discretion over an estimated $26 billion in flexible ARP fiscal relief funds, which the state may use for a broad array of purposes, including higher education.
https://lao.ca.gov/Publications/Report/4421

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - The state began using payment deferrals during the dot ‑com bust but relied much more heavily on them during the Great Recession. The practice of deferring college payments peaked in 2011 ‑12, when the state deferred a total of $ 961  m illion in CCC payments —accounting for nearly 30  p ercent of CCC Proposition  98 General Fund support.
https://lao.ca.gov/Publications/Report/4307