Broad-Based Cash Assistance in COVID-19 Recovery Actions

Apr 3, 2020 - First, only Californians who have already filed federal tax returns for 2018 or 2019 will receive cash assistance. Millions of Californians do not earn enough income to require them to file tax returns.
https://lao.ca.gov/Publications/Report/4214

Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Food benefit amounts vary based on household earnings and household size. CalWORKs. Counties administer monthly cash grants for about 400,000 low ‑income families with children. Grant amounts vary based on earnings and family size.
https://lao.ca.gov/Publications/Report/3985

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

Feb 24, 2017 - The value of a security can go up —or down —after it is liquidated to cash by the SCO. On average, certain owners may realize gains as a result of the 18 ‑month waiting period as those securities rise in value or earn income in the form of interest, dividends, and other payments.
https://lao.ca.gov/Publications/Report/3584

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

Mar 4, 2019 - The 2017 ‑18 budget package authorized a plan to borrow $6 billion from the Pooled Money Investment Account—an account that holds the state’s cash—to make a one-time supplemental payment to CalPERS. The supplemental payment was distributed to all five pension plans.
https://lao.ca.gov/Publications/Report/3957

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 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 2018-19 Budget: Department of General Services

Feb 20, 2018 - The administration ’s estimate does not take into account that money today is more valuable than money in the future (often referred to as the “time value of money ”) through a technique called discounting future cash flows.
https://lao.ca.gov/Publications/Report/3758

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

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Flexible Cash Assistance for Survivors of Crime Grant Program Reversion. To help address the fiscal difficulties facing the state, the budget reverts $50  million General Fund from the Flexible Cash Assistance for Survivors of Crime pilot program.
https://lao.ca.gov/Publications/Report/5081/