The 2024-25 Budget: Establishing the Office of the Inspector General for the High-Speed Rail Authority

Feb 8, 2024 - Launching OIG Represents Important Opportunity to Ensure Consistency With Legislative Vision and Priorities. The Governor ’s proposal provides resources to fully launch OIG, thus setting the course for how the office will be staffed and operated.
https://lao.ca.gov/Publications/Report/4833

The 2022-23 Budget: Transportation Infrastructure Package

Feb 15, 2022 - We find that spending state resources on transportation infrastructure provides an opportunity for the state to complement and leverage the anticipated federal funding —both formula ‑based and competitive.
https://lao.ca.gov/Publications/Report/4536

Assessing California’s Climate Policies—Transportation

Dec 21, 2018 - Economic Costs Consumer Financial Incentives Involve Opportunity Costs. Providing state funding for any program involves an “opportunity cost ” —that is, the funding is not available for some other purpose.
https://lao.ca.gov/Publications/Report/3912

The 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - This approach could provide additional opportunities for achieving General Fund savings but comes with some limitations and trade ‑offs to consider. First, revenues from both accounts are restricted to specific transportation purposes under the California Constitution, so some limitations exist regarding which activities they could be redirected to support.
https://lao.ca.gov/Publications/Report/4854

The 2020-21 Budget: Transportation

Feb 10, 2020 - While increased funding for litter abatement is an interim solution, doing so comes with some opportunity cost. Specifically, spending more SHA funds on litter abatement leaves less funding for other transportation programs.
https://lao.ca.gov/Publications/Report/4149

The 2022-23 Budget: Highway Violence Task Force

Feb 14, 2022 - Furthermore, the limited ‑term nature of this proposal provides the Legislature a natural opportunity in three years, after funding for this proposal would conclude, to assess whether this proposal has produced desired outcomes, whether any modifications are needed, and the extent to which ongoing funding is warranted.
https://lao.ca.gov/Publications/Report/4533

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - The Governor ’s proposal to accelerate the Expanded Learning Opportunities Program could give districts more certainty about their funding levels and potentially improve local planning. For the community colleges, some of the Governor ’s ongoing spending proposals might be worth revisiting.
https://lao.ca.gov/Publications/Report/4492

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - Potential Reauthorization Presents Opportunity to Consider Highest ‑Priority Use of  Funds. When initially authorized, these fees were intended to support then ‑emerging lower ‑emission/ZEV technologies and help transition car owners to less ‑polluting vehicles.
https://lao.ca.gov/Publications/Report/4708

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Further, although insufficient training opportunities can lead to workforce shortages, many other dynamics also affect workforce supply and therefore could ins tead be causing the purported shortage.
https://lao.ca.gov/Publications/Report/4540

Review of the Draft 2020 High-Speed Rail Business Plan

Mar 13, 2020 - We note that the Legislature lacks a natural opportunity to provide clear direction for the project in 2020, since HSRA indicates it does not need to seek an appropriation as part of the 2020 ‑ 21 b udget.
https://lao.ca.gov/Publications/Report/4202