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

Feb 9, 2016 - On the one hand, it can be reasonable to fund infrastructure projects through a pay –as –you –go approach. Pay –as –you –go is typically somewhat cheaper than borrowing since the state does not have to pay interest.
https://lao.ca.gov/Publications/Report/3347

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

Oct 17, 2019 - Due to increases in health premiums and the number of retirees receiving the benefit, the state ’s pay-as-you-go costs for this benefit increase each year. The budget assumes that the state ’s pay-as-you-go costs in 2019-20 will be $2.2  billion General Fund.
https://lao.ca.gov/Publications/Report/4101

The 2020-21 Budget: Debt Service on Infrastructure Bonds

Nov 20, 2019 - This post describes the current debt service ratio in the 2019-20 fiscal year. In addition to this report, you can find the main California's Fiscal Outlook report along with a collection of other fiscal outlook material on our fiscal outlook budget page.
https://lao.ca.gov/Publications/Report/4118