The 2024-25 Budget: Property Tax Postponement Program [EconTax Blog]

Feb 29, 2024 - Proposal Budget Proposes $7.5 Million General Fund Transfer to the PTP Fund. The Governor ’s budget would provide the Department of Finance authority to transfer $7.5 million from the General Fund to the PTP Fund to ensure there are adequate resources available to cover costs in 2024-25.
https://lao.ca.gov/LAOEconTax/Article/Detail/800

The 2024-25 Budget: California Student Aid Commission

Feb 29, 2024 - CSAC has increased its cost estimates f or these awards to reflect newly available data on the share of recipients who transfer and their average award amounts upon transferring. Governor ’s Budget Reflects Further Spending Increases in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4865

The 2024-25 Budget: Broadband Infrastructure

Feb 28, 2024 - Figure 4 Nearly 500 FFA Grant Applications Totaling More Than $4.5 Billion Applicants Estimated Total Project Costs (In Millions) Total Funding Amount Requested (In Millions) Percent of Total Funding Amount Requested a AT &T Gateway Cities Council of Governments 1 The City of Huntington Park 1 $7,041 $4,550 a The percentages of total funding amount requested may
https://lao.ca.gov/Publications/Report/4867

The 2024-25 Budget: University of California

Feb 28, 2024 - The trend is different for transfer students, with only four of the nine general campuses lowering their transfer admission rates. UC Berkeley, for example, increased its admission rate for transfer students, from 22  percent in 2012 to 25  percent in 2022.
https://lao.ca.gov/Publications/Report/4862

The 2024-25 Budget: Insolvency Risks for Environmental and Transportation Special Funds

Feb 27, 2024 - The five jurisdictions are Los Angeles County and the Cities of Los Angeles, Oakland, San Diego, and San Francisco. Because these statutory pay increases are wholly dependent on decisions made by the five local governments, actual pay increases for CHP officers could be higher or lower than current assumptions—potentially impacting MVA cost pressures in future years.
https://lao.ca.gov/Publications/Report/4858

The 2024-25 Budget: Salton Sea Management Program

Feb 26, 2024 - The air quality around the Sea is already poor, due to pollution from agricultural activities and the nearby city of Mexicali, Mexico, and the region consistently fai ls to meet federal air quality standards designed to protect public health.
https://lao.ca.gov/Publications/Report/4859

The 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - Similar trade ‑offs would apply for any potential redirection from RMRA, which also funds state highway maintenance and rehabilitation projects, along with providing funds to cities and counties for local streets and roads and supporting several smaller programs.
https://lao.ca.gov/Publications/Report/4854

The 2024-25 Budget: California Department of Corrections and Rehabilitation

Feb 22, 2024 - Since 2021, the administration has deactivated (1)  two state ‑owned prisons —the Deuel Vocational Institution (DVI) in Tracy and the California Correctional Center in Susanville, (2)  eight yards at various state ‑owned prisons, and (3)  the California City Correctional Facility —a leased prison that was operated by CDCR staff.
https://lao.ca.gov/Publications/Report/4852

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - This means, for example, that grants have been awarded, funds have been transferred to other entities of government, and contracts or leases have been signed. (In some cases, funds have also been committed for 2024 ‑25 and 2025 ‑26, for example, through grant awards.)
https://lao.ca.gov/Publications/Report/4850

The 2024-25 Budget: Food Assistance Programs [Publication Details]

Feb 16, 2024 - This post provides background and caseload trend updates for the state’s major food assistance programs--CalFresh and the California Food Assistance Program (CFAP)--and analyzes the Governor’s proposed food assistance budget, which includes no major new proposals.
https://lao.ca.gov/Publications/Detail/4845