The 2024-25 Spending Plan: Judiciary and Criminal Justice

Sep 10, 2024 - Board of State and Community Corrections The budget provides $494  million for the Board of State and Community Corrections (BSCC) in 2024- 25 —a decrease of $528  million (52  percent) from the revised 2023-24 level.
https://lao.ca.gov/Publications/Report/4924

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

Feb 28, 2023 - Even though interest rates are relatively high right now , if interest rates come down in the future, the state typically has the option of effectively refinancing at a lower interest rate. Specify Fund Source for Bond Debt Service Payments.
https://lao.ca.gov/Publications/Report/4709

The 2018-19 Budget: Department of General Services

Feb 20, 2018 - High Interest Rate Assumption. The state often pays for some of the costs of tenant improvements at leased facilities over time with interest. The administration assumes that the interest rate the state pays for spreading these tenant improvement costs over time is 8  percent.
https://lao.ca.gov/Publications/Report/3758

The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - The Legislature could then determine what portion of the cost of the practice would be covered through the grant by weighing its preference for expanding evidence-based practices against its interest in creating s tate savings.
https://lao.ca.gov/Publications/Report/5031

The 2020-21 Spending Plan — Other Provisions

Oct 7, 2020 - Specifically, Chapter  359 of 2020 (AB  3330, Calderon) increases fees and authorizes potential future fee increases for the Acupuncture Board, Board of Behavioral Sciences, and the Podiatric Medical Board.
https://lao.ca.gov/Publications/Report/4277

The 2020-21 Budget: Debt Service on Infrastructure Bonds

Nov 20, 2019 - This decline in the DSR occurred for a variety of reasons, including rebounding General Fund revenues, refinancing of existing debt due to low interest rates, and state policies shifting some state debt costs from the General Fund to special funds —such as in transportation.
https://lao.ca.gov/Publications/Report/4118

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This accounts for 926.7 positions spread across the following departments: Office of Inspector General, Department of Fish and Wildlife, Department of Parks and Recreation, Department of Pesticide Regulation, State Water Resources Control Board, Department of Toxic Substances Control, Department of Industrial Relations, Department of Food and Agriculture, and Department of Veteran Affairs.
https://lao.ca.gov/Publications/Report/5081

The 2016-17 Budget: The Governor's State Office Building Proposal

Feb 9, 2016 - Pay –as –you –go is typically somewhat cheaper than borrowing since the state does not have to pay interest. We note, however, the difference in costs associated with paying cash rather than borrowing is relatively small right now given the current low interest rate environment.
https://lao.ca.gov/Publications/Report/3347

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

Jan 13, 2020 - The funds would be provided through contracts with regional administrators to help finance the development of affordable housing, provide rental subsidies to people facing homelessness, and provide subsidies to operators of board and care facilities.
https://lao.ca.gov/Publications/Report/4135

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

Oct 17, 2019 - The California Public Employees ’ Retirement System (CalPERS) board establishes the state ’s contribution rates —as a percentage of pay —to fund employee pension benefits. These rates have increased in recent years due to a combination of new actuarial assumptions adopted by the CalPERS board and lower-than-assumed investment returns.
https://lao.ca.gov/Publications/Report/4101