The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Money Transmitters Program. Regulates, supervises, and examines businesses that receive money for transmission and sell or issue payment instruments and stored value. (These can include businesses that issue money orders and traveler ’s checks, as well as those that offer digital payments, such as PayPal and Stripe.)
https://lao.ca.gov/Publications/Report/5025

The 2025-26 Budget: Department of Financial Protection and Innovation [Publication Details]

Apr 3, 2025 - In this post, we assess administration-proposed trailer bill language that would increase certain fees charged by the Department of Financial Protection and Innovation and make recommendations to help ensure the department has the resources it needs to meet its oversight and regulatory mission.
https://lao.ca.gov/Publications/Detail/5025

The 2023-24 Budget: Broadband Infrastructure

Mar 20, 2023 - The FCC defines broadband as high ‑speed internet access that provides a minimum of 25 Megabits per second (Mbps) download speed and 3 Mbps upload speed. (Mbps measures how much data can be downloaded or uploaded over a network connection.)
https://lao.ca.gov/Publications/Report/4747

Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Lends money for construction of rental housing projects with units restricted for at least 55 years to households earning less than 60  percent of area median income. Multifamily Housing Program. Provides low ‑interest, long ‑term deferred ‑payment permanent loans for new construction, rehabilitation, and preservation of permanent and transitional rental housing for lower ‑income households.
https://lao.ca.gov/Publications/Report/3985

The 2024-25 Budget: Broadband Infrastructure

Feb 28, 2024 - The  FCC defines broadband as high ‑speed Internet access that provides a minimum of 25 Megabits per  second (Mbps) download speed and 3 Mbps upload speed. (Mbps measures how much data can be downloaded or uploaded over a network connection.)
https://lao.ca.gov/Publications/Report/4867

The 2019-20 Budget: The Governor’s Proposed Supplemental Pension Payment to CalPERS

Mar 4, 2019 - Similar to the supplemental payment made in 2017 ‑18, this proposal would save the state money over the long-term. Over the next few decades, CalPERS would have more assets earning investment returns for more time —resulting in lower employer contributions than would otherwise be the case.
https://lao.ca.gov/Publications/Report/3957

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - BCG is expected to develop and pilot an analytical model that could save money in Medi-Cal by detecting pre-payment fraud, reducing improper claims, and flagging areas of possible waste and abuse. Workstream 5: DHCS —Hospital Financing.
https://lao.ca.gov/Publications/Report/5156

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Overall, most programs increase employment and earnings among participants while receiving a subsidy. However, the ultimate goal is to improve long-term employment prospects of these workers. Research suggests that it is less common that programs lead to h igher employment or earnings after the subsidy ends.
https://lao.ca.gov/Publications/Report/5018

The 2017-18 Budget: The State Controller’s Office Unclaimed Property Program

Feb 24, 2017 - There are likely better, more cost ‑effective ways for the state to spend this money —potentially reuniting more property with owners. (Our February 2015 report, Unclaimed Property: Rethinking the State’s Lost and Found Program , outlined a variety of options for the state to reunite more property with owners.)
https://lao.ca.gov/Publications/Report/3584

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

Oct 17, 2019 - Under the state ’s current policy to pay for retiree health benefits, (1)  the state and employees each contribute an amount of money —established as a percentage of pay through the collective bargaining process —to prefund the benefits employees earn today and (2)  the state pays the costs of the benefit for current retirees on a pay-as-you-go basis.
https://lao.ca.gov/Publications/Report/4101