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

Oct 17, 2019 - The California Public Employees ’ Retirement System (CalPERS) board establishes the state ’s contribution rates —as a percentage of pay —to fund employee pension benefits. These rates have increased in recent years due to a combination of new actuarial assumptions adopted by the CalPERS board and lower-than-assumed investment returns.
https://lao.ca.gov/Publications/Report/4101

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

Evaluating California's Pursuit of Zero Net Energy State Buildings

Nov 14, 2017 - The analyses should apply a reasonable discount rate that takes into account that dollars in the future are worth less than those today. Evaluate Key Alternatives. The analyses should compare a reasonable set of alternatives.
https://lao.ca.gov/Publications/Report/3711

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget provides the Department of Finance with authority to augment CMD ’s budget by up to $4.8  million if CMD receives federal matching funds for the purpose of replacing three deteriorating heating, ventilation, and air conditioning systems at the Azusa, Sacramento-Okinawa, and Fresno-Hammer Field armories.
https://lao.ca.gov/Publications/Report/5081/

The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - The performance payment compares a county ’s most recent annual county felony supervision failure-to-prison rates with the county ’s average failure-to-prison rates in 2021, 2022 and 2023 —known as the baseline rates.
https://lao.ca.gov/Publications/Report/5031

Assessing Community College Programs at State Prisons

Jul 1, 2024 - In higher education, these data are commonly referred to as student persistence rates. Figure  7 shows persistence rates for several cohorts that started their CCC education at CDCR. On average, incarcerated students have notably lower persistence rates compared with the average for CCC students.
https://lao.ca.gov/Publications/Report/4913

The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - Projected Interest Rates Are Higher Than Recent Years. Currently, interest rates for bonds are projected to be about 6  percent to 7  percent in fall 2023. This is significantly higher than recent years, when rates have been less than 5  percent.
https://lao.ca.gov/Publications/Report/4709

The 2024-25 Spending Plan: Judiciary and Criminal Justice

Sep 10, 2024 - Authorization for DOJ to increase its billable hourly rates for legal services to generate $8.7  million in additional revenue. The package increases the rates to $228 (from $220) for attorney services, $213 (from $205) for paralegal services, and $202 (from $195) for auditor and research analyst services.
https://lao.ca.gov/Publications/Report/4924

The 2020-21 Spending Plan — Other Provisions

Oct 7, 2020 - The budget package includes statutory changes that prohibit CDTFA from making the adjustments scheduled for January 1, 2021 if the adjustments would result in higher tax rates. CDTFA would still be required to make the adjustments if they would result in lower tax rates.
https://lao.ca.gov/Publications/Report/4277

The 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - As part of the ongoing Coleman court case, CDCR has been incurring fines monthly since April 2023 for failing to reduce vacancy rates for five mental health classifications, which include: psychiatrists; psychologists; clinical social workers; recreational therapists; and medical assistants.
https://lao.ca.gov/Publications/Report/4986