Assessment of the Strong Workforce Program

Dec 10, 2025 - As  a result, a large amount of SWP funding that has been allocated toward specific purposes (often in the few hundreds of millions of dollars) is not yet spent at any given time. Because there are planned uses for these funds, redirecting them has programmatic impacts.
https://lao.ca.gov/Publications/Report/5098

An Analysis of University Cash Management Issues

Nov 10, 2020 - Under state law, money in this account is invested in relatively low-risk, short-term assets, such as U.S. Government securities and domestic corporate bonds. 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.
https://lao.ca.gov/Publications/Report/4293

Trends in Higher Education: Student Outcomes [Publication Details]

Apr 18, 2024 - This brief is the third of a six-part series covering higher education trends in California. The third brief focuses on student outcomes and how they have changed over the past few decades. The brief also raises key issues for the Legislature to consider as it makes related policy and budget decisions.
https://lao.ca.gov/Publications/Detail/4895

Redesigning California's Adult Education Funding Model

Dec 13, 2022 - To the WIOA Title II measures, we recommend adding one performance measure for providers —the number of CTE certificates earned by adult education students. To allocate performance funding, the state could set a dollar value to each performance point and adjust by COLA each year.
https://lao.ca.gov/Publications/Report/4652

The 2024-25 Budget: California Community Colleges

Feb 21, 2024 - It also will show how many districts are on track to earn any of the 2023 ‑24 enrollment growth funds. Apportionment data for 2023 ‑24, however, will not be finalized until February 2025, such that the Legislature might not want to take any associated budget action until next year.
https://lao.ca.gov/Publications/Report/4853

Assessing Community College Programs at State Prisons

Jul 1, 2024 - In 2022 ‑23, a total of 731 students at CDCR earned their first associate degree. The average time to degree for these students was about nine years. Funding In this section, we explain how community college programs, including those offered at state prisons, are funded.
https://lao.ca.gov/Publications/Report/4913

The 2026-27 Budget: University of California

Feb 26, 2026 - In addition, UC intends to use $20  million from its investment earnings for its core operating costs in 2026 ‑27. UC also anticipates generating $15  million in freed ‑up funds from procurement savings and other operational efficiencies that it will use for its core operations in 2026 ‑27.
https://lao.ca.gov/Publications/Report/5143

Addressing Capital Renewal at UC and CSU

Jan 5, 2023 - Systemwide data is not available on how much UC and CSU are spending annually from their reserves on capital renewal. CSU Recently Began Using Investment Earnings for Capital Renewal. UC and CSU place some unspent funds in various investment accounts.
https://lao.ca.gov/Publications/Report/4657

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - The formula also deducts a student contribution from part ‑time work earnings. Specifically, the MCS calculation assumes a student works 15 hours per week, 39 weeks per year, at the state minimum wage rate, as adjusted annually.
https://lao.ca.gov/Publications/Report/5127

The 2023-24 California Spending Plan: Higher Education

Oct 19, 2023 - The program is supported by a special fund consisting of money reverted from certain trust accounts used by attorneys. The special fund recently accumulated enough money to launch the program in 2023 ‑24 and sustain it for at least a few years.
https://lao.ca.gov/Publications/Report/4809