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

Dec 18, 2020 - In these cases, districts typically are charged the same interest rate for the borrowed cash as what the county agency would have earned had it retained the cash in a short ‑term investment account. The availability of county borrowing options varies, partly because county agencies face their own cash flow issues.
https://lao.ca.gov/Publications/Report/4307

Trends in Higher Education: Student Outcomes [Publication Details]

Apr 18, 2024 - Trends in Higher Education: Student Outcomes [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4895

An Analysis of University Cash Management Issues

Nov 10, 2020 - The goals of the account are to safeguard taxpayer money, ensure cash is readily available when program costs are incurred, and earn a modest rate of return. Universities Manage Both Short- and Long-Term Investment Accounts.
https://lao.ca.gov/Publications/Report/4293

The 2026-27 Budget: University of California

Feb 26, 2026 - UC places its pooled cash in investment accounts and uses some of the annual investment earnings to support core operations. UC also receives overhead revenue associated with federal contracts and grants —known as federal indirect cost recovery —that helps support campus research infrastructure and certain central administrative costs.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - To do so, the state is using a General Fund cash loan to cover the payments to students. This approach only works if the state is in a strong cash position. If the state ’s cash position weakens, which has happened during previous fiscal downturns, the state could find that internal borrowing is no longer an option.
https://lao.ca.gov/Publications/Report/5127

The 2023-24 California Spending Plan: Higher Education

Oct 19, 2023 - To determine each recipient ’s MCS award amount, CSAC first calculates the recipient ’s remaining cost of attendance after accounting for other available gift aid, a student contribution from part-time work earnings, and a parent contribution for dependent students with a household income of more than $100,000.
https://lao.ca.gov/Publications/Report/4809

The 2022-23 Budget: Student Financial Aid

Feb 18, 2022 - Because the increased award amounts align with the state minimum wage of $15  per hour, the program would be compensating students at an hourly rate more comparable to what they could earn  elsewhere.
https://lao.ca.gov/Publications/Report/4548

Assessment of the Strong Workforce Program

Dec 10, 2025 - Figure 11 Earnings Improvements Vary Somewhat by Region Median Change in Earnings for CCC CTE Students 2015 ‑16 a 2022 ‑23 Compared to 2015 ‑16 b San Diego/Imperial
https://lao.ca.gov/Publications/Report/5098

The 2025-26 Budget: College of the Law, San Francisco

Mar 10, 2025 - The  small amount of remaining core funding comes from various sources, including the State Lottery Fund, certain investment earnings, and income from scholarly publications. Beyond core funding, CLSF receives noncore funding from certain self ‑supporting programs (including its housing and parking programs).
https://lao.ca.gov/Publications/Report/5014

The 2025-26 California Spending Plan: Higher Education

Nov 14, 2025 - On a cash basis, the state will pay actual costs as they are incurred in 2025-26 using a no-interest General Fund loan. On August 11, the administration issued an Executive Order authorizing a loan of $996  million.
https://lao.ca.gov/Publications/Report/5089