Broad-Based Cash Assistance in COVID-19 Recovery Actions

Apr 3, 2020 - Some Low-Income Californians Are Not Eligible for Cash Assistance. Although the cash assistance in the CARES Act is far more broad-based than in other cash assistance programs, it is still limited in two important ways.
https://lao.ca.gov/Publications/Report/4214

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

Feb 24, 2017 - The state “escheats ” (in other words, takes temporary title in) these properties and maintains an indefinite obligation to reunite the property with their owners, should they come forth and make a claim.
https://lao.ca.gov/Publications/Report/3584

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: The Governor’s Proposed Supplemental Pension Payment to CalPERS

Mar 4, 2019 - Figure 1 Major Funds Making Pension Contributions, by CalPERS Plan Share of Contributions State Highway Account 3 State Made a Supplemental Payment to CalPERS in 2017 ‑18. 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.
https://lao.ca.gov/Publications/Report/3957

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - The Legislature will want to understand the workstreams underway with the contractor to make sure that the actions they are contemplating are in line with legislative priorities for the impacted departments and programs.
https://lao.ca.gov/Publications/Report/5156

The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals

Feb 14, 2020 - Opportunity for Resource Sharing Possible in Cash Collection. EDD ’s proposal includes resources to enable it to collect payroll tax payments from cannabis businesses in cash. However, we find that it is unclear why EDD needs to perform its own cash collection activities rather than leveraging those that are already in place at CDTFA.
https://lao.ca.gov/Publications/Report/4162

The 2019-20 Budget: Increasing Compliance With Unclaimed Property Law

Mar 15, 2019 - This money is spent on programs throughout the General Fund budget. Unclaimed Property Revenue Has Remained Flat in Recent Years. Figure  3 shows the annual amount of unclaimed property revenue to the state adjusted for inflation.
https://lao.ca.gov/Publications/Report/3978

Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Monthly cash benefits for about 1.3  million low ‑income aged, blind, and disabled individuals. The state ’s General Fund provides the SSP portion of the grant while federal funds pay for the SSI portion of the grant.
https://lao.ca.gov/Publications/Report/3985