The 2019-20 Budget: The Governor’s Proposed Supplemental Pension Payment to CalPERS

Mar 4, 2019 - Similar to the supplemental payment made in 2017 ‑18, this proposal would save the state money over the long-term. Over the next few decades, CalPERS would have more assets earning investment returns for more time —resulting in lower employer contributions than would otherwise be the case.
https://lao.ca.gov/Publications/Report/3957

Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Lends money for construction of rental housing projects with units restricted for at least 55 years to households earning less than 60  percent of area median income. Multifamily Housing Program. Provides low ‑interest, long ‑term deferred ‑payment permanent loans for new construction, rehabilitation, and preservation of permanent and transitional rental housing for lower ‑income households.
https://lao.ca.gov/Publications/Report/3985

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

Feb 24, 2017 - Because most security shares are reconnected with owners in the pre ‑escheat process, this change would only affect a small minority of shares. Recommend the Legislature Approve Limited ‑Term Funding to Address Backlog.
https://lao.ca.gov/Publications/Report/3584

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - We discuss our understanding of additional information that the administration shared with us in late February 2026 in the bullet points below. Given the work is ongoing, it is possible that some of this information is now out of date.
https://lao.ca.gov/Publications/Report/5156

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Overall, most programs increase employment and earnings among participants while receiving a subsidy. However, the ultimate goal is to improve long-term employment prospects of these workers. Research suggests that it is less common that programs lead to h igher employment or earnings after the subsidy ends.
https://lao.ca.gov/Publications/Report/5018

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 2017-18 Budget: Secretary of State Spring Finance Letter

Apr 25, 2017 - The Legislature could explore possible uses for this money, including combining it with other funds to help pay the state ’s share of purchasing new voting equipment. Could Secretary of State Need Ongoing Funding for SB  450-Related Activities?
https://lao.ca.gov/Publications/Report/3656

Update on COVID-19 Spending in California

Nov 5, 2020 - Medicaid is an entitlement program whose costs generally are shared between the federal government and states based on a set formula. In March, Congress approved a temporary 6.2  percentage point increase in the federal government ’s share of cost for state Medicaid programs.
https://lao.ca.gov/Publications/Report/4292

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - PTP, which provides less money to homeowners but is generally cheaper, may be a better option for those who face smaller annual shortfalls in their household budgets. PTP Interest Rate Could Be Lower (While Still Keeping the Program Cost Neutral).
https://lao.ca.gov/Publications/Report/3885