July 2017 Update: Los Angeles’ Bid for the Olympics and Paralympics

Jul 6, 2017 - Extensive use of world-class existing and temporary venues would reduce the complexity and cost of delivering the venues. All new venue construction and upgrades are fully privately funded —no funding from public authorities required.
https://lao.ca.gov/Publications/Report/3695

Los Angeles' Bid for the 2024 Olympics and Paralympics

Nov 10, 2016 - Venues and all other elements of the bid plan are subject to change between now and when Stage  3 bid documents are submitted to the IOC in February 2017. This approach —with no new permanent sports venue or infrastructure construction needed specifically for the Games —greatly reduces the risk of financing expensive permanent venues.
https://lao.ca.gov/Publications/Report/3506

Update on Los Angeles’ Bid for the 2024 Olympics

Mar 23, 2017 - Construction contingency costs were estimated on a venue ‑by ‑venue basis “taking into account the risk of temporary overlay versus permanent investment, ” KPMG wrote. Furthermore, construction contingency was included in the overall contingency line item.
https://lao.ca.gov/Publications/Report/3622

State Assistance to Businesses in Response to COVID-19

Jan 4, 2024 - Figures 7 and Figure 8 show the amount of restaurant grants and shuttered venue grants, respectively, by metro area (scaled using total businesses in that area). Some Northern California metros, including San Francisco, San Jose, Napa, and Salinas received disproportionally more restaurant grants while some Southern California metro areas, including San Luis Obispo and Los Angeles, received more shuttered venue grants.
https://lao.ca.gov/Publications/Report/4824

Federal Assistance for Businesses Affected by COVID-19

Apr 3, 2020 - When the SVOG program opens, the SBA will give priority to venues with fewer than 50 employees and to venues that experienced a decline in revenue of 90  percent or more. Cultural institutions that do not have at least one auditorium, theatre, or performance space with fixed seating and regular programing are ineligible for funding under this program, regardless of their decline in revenue.
https://lao.ca.gov/Publications/Report/4215

The 2017-18 Budget: Secretary of State Spring Finance Letter

Apr 25, 2017 - The Legislature could formally require the Secretary of State to report its f indings and recommend possible improvements to SB  450 following the state ’s experience with the new voting model. How Should The State Use the Remaining 2009 Settlement Funds?
https://lao.ca.gov/Publications/Report/3656

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - The budget includes $150  million General Fund one time to establish the California Venues Grant Program. Under this program, CalOSBA will make grants of up to $250,000 to independent venues and related businesses whose operations were disrupted by the pandemic.
https://lao.ca.gov/Publications/Report/4452

The 2020-21 Budget: California Arts Council

Feb 7, 2020 - It defined a state ‑designated cultural district as a certified geographical area with a concentration of cultural facilities, creative enterprises, or arts venues that does any of the following: Attracts artists, creative entrepreneurs, and cultural enterprises.
https://lao.ca.gov/Publications/Report/4148

The Property Tax Inheritance Exclusion

Oct 9, 2017 - Consequently, monthly ownership costs for these homeowners were around $1,000 less than the typical homeowner ($1,650 vs. $670). Because most inherited homes have been owned for decades, children typically are receiving a property with lower ownership costs.
https://lao.ca.gov/Publications/Report/3706

The 2020-21 Budget: Reinventing the Department of Business Oversight

Feb 26, 2020 - In our view, the legislative policy process is a more appropriate venue for considering the types of significant policy changes that are proposed as part of the CCFPL. This is because, under the legislative policy process, proposals are heard in po licy committees with a greater focus on the policy issues under consideration.
https://lao.ca.gov/Publications/Report/4181