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: California Spending Plan—Other Provisions

Oct 17, 2019 - This money supplements $134.4  million General Fund provided for this purpose in the 2018-19 budget. The total funds $221.7  million will be granted to counties on a 75/25 state/county match basis. Labor Programs Lengthens State ’s Paid Family Leave Benefit by Two Weeks.
https://lao.ca.gov/Publications/Report/4101

Evaluating California's Pursuit of Zero Net Energy State Buildings

Nov 14, 2017 - Take Into Account Time Value of Money. 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.
https://lao.ca.gov/Publications/Report/3711

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The new Climate Catalyst Revolving Loan Fund would lend money to private sector organizations for projects determined to advance the state ’s environmental goals, along with other priorities —such as creating high ‑quality jobs.
https://lao.ca.gov/Publications/Report/4135