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

Feb 28, 2023 - LAO Assessment Either Bonds or Cash Can Be a Reasonable Way to Finance Capital Outlay Projects. In our view, there can be reasonable arguments for using either bonds or cash to finance capital outlay projects.
https://lao.ca.gov/Publications/Report/4709

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

Assessing Community College Programs at State Prisons

Jul 1, 2024 - Specifically, in 2022 ‑23, 1,808 CCC students at CDCR (12  percent) had earned more than 60  units. Of these students, 418 (2.7  percent) had already earned 100 or more CCC units. Just over 100 of these students had already accumulated 150 or more units.
https://lao.ca.gov/Publications/Report/4913

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

Feb 9, 2016 - Furthermore, given the scale of the state ’s infrastructure needs, bonds are likely to play a substantial role for years to come —whether for funding the Governor ’s three proposed priority projects or other infrastructure projects.
https://lao.ca.gov/Publications/Report/3347

The 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - In contrast, it could make sense for state entities that already play a role in oversight of CDCR —such as the Office of the Inspector General or the California State Auditor —to monitor implementation of or adherence to new policies.
https://lao.ca.gov/Publications/Report/4986

The 2018-19 Budget: Department of General Services

Feb 20, 2018 - This is a standard practice used when cash flows occur over time. In particular, because the future savings associated with reduced leasing costs are not discounted, they appear to be greater than they really are.
https://lao.ca.gov/Publications/Report/3758

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

Oct 17, 2019 - This information technology (IT) project will replace the state ’s aging and decentralized IT financial systems with a new system that integrates state government processes in the areas of accounting, budgeting, cash management, and procurement.
https://lao.ca.gov/Publications/Report/4101

The 2018-19 Budget: The May Revision—Deferred Maintenance

May 15, 2018 - The state has invested many billions of dollars in its infrastructure assets, which play critical roles in the state ’s economy. Moreover, when repairs to key building and infrastructure components are put off, facilities can eventually require more expensive investments, such as emergency repairs (when systems break down), capital improvements (such as major rehabilitation), or replacement.
https://lao.ca.gov/Publications/Report/3841

The 2016-17 Budget: Governor’s General Fund Deferred Maintenance Proposal

Feb 12, 2016 - The state has invested many billions of dollars in its infrastructure assets, which play critical roles in the state ’s economy. Moreover, when repairs to key building and infrastructure components are put off, facilities can eventually require more expensive investments, such as emergency repairs (when systems break down), capital improvements (such as major rehabilitation), or replacement.
https://lao.ca.gov/Publications/Report/3353

Ten Years Later: Progress Towards Expending the 2006 Bond Funds

Jan 3, 2017 - Starting in late 2008, the state put bond sales on hold due to the state’s cash flow challenges during the Great Recession. This delayed projects across all of the 2006 bonds, often by about a year. Quick Expenditures Are Often Expected and Can Be Desirable . . .
https://lao.ca.gov/Publications/Report/3519