California State University Funding by Source [EdBudget]

Feb 26, 2020 - California State University Funding by Source [EdBudget] a Includes funding for pensions and retiree health benefits.      b The 2018-19 Budget Act also included $7 million one-time General Fund to the Department of Social Services for provision of legal services to undocumented students and immigrants at CSU campuses. c The 2019-20 Budget Act also included $7
https://lao.ca.gov/Education/EdBudget/Details/341

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Remaining programs —including employee compensation, pensions, and higher education —are responsible for the remaining $4  billion in difference in that year. As we have commented in the past , our office has little insight into the components of, or assumptions underlying, the administration’s projections in HHS.
https://lao.ca.gov/Publications/Report/4772

State Library Spending Proposals Under Governor's Budget and May Revision [EdBudget]

May 23, 2024 - State Library Spending Proposals Under Governor's Budget and May Revision [EdBudget] $110,071 $86,905 a The May Revision modifies a Governor's budget proposal by converting a reduction associated with sweeping vacant positions (across state agencies) from being one time to ongoing.
https://lao.ca.gov/Education/EdBudget/Details/859

The 2020-21 Budget: Labor Agreements to Achieve Budgetary Savings

Sep 9, 2020 - Employee Pension Contributions. The MOU increases employee retirement contributions over three fiscal years beginning on July 1, 2020.The intention of the increases is that employees will be paying about one-half of normal cost for pension benefits at the end of the three-year period.
https://lao.ca.gov/Publications/Report/4267

The 2024-25 Budget: Broadband Infrastructure at May Revision

May 23, 2024 - Background Major Federal and State Broadband Infrastructure Programs and Projects Underway. In recent years, the state has initiated a few significant programs related to broadband, in part due to funding provided by the federal government.
https://lao.ca.gov/Publications/Report/4906

The 2024-25 Budget: Future of Public Health Budget Solution

May 21, 2024 - The workgroup included state and local officials and stakeholders and established a number of priorities based on data and input collected from across the state. The goal was to “right size ” the historically stagnant CDPH budget —both in terms of state and local support.
https://lao.ca.gov/Publications/Report/4904

Comparing Core CSU Funding Under Governor's Budget and May Revision [EdBudget]

May 11, 2019 - Comparing Core CSU Funding Under Governor's Budget and May Revision [EdBudget] $23 a Includes funding for pensions and retiree health benefits.   b In addition, both the Governor's budget and May Revision include $7 million ongoing General Fund to the Department of Social Services for provision of legal services to immigrant students and employees at CSU campuses. c Includes funds that CSU uses to provide tuition discounts and waivers to certain students.
https://lao.ca.gov/Education/EdBudget/Details/257

The 2020-21 Budget: Higher Education Analysis

Feb 20, 2020 - Several years ago, the state modified its approach to covering CSU pension costs. Under the new approach, CSU is to take into account pension costs when it makes new staffing and salary decisions. Any new pension costs incurred beyond the 2013 ‑ 14 p ayroll level are CSU ’s direct responsibility.
https://lao.ca.gov/Publications/Report/4168

Recent Revenues Coming in Below Governor's Budget Projections [EconTax Blog]

Jan 22, 2024 - Individuals with substantial capital gains and other non-wage income make quarterly estimated tax payments to meet state tax requirements. As shown in the figure  below, January estimated tax payments from these taxpayers are running well below targets needed to meet the Governor 's budget revenue levels for 2023-24.
https://lao.ca.gov/LAOEconTax/Article/Detail/795

Recent Revenues Coming in Below Governor's Budget Projections [EconTax Blog]

Jan 22, 2024 - Individuals with substantial capital gains and other non-wage income make quarterly estimated tax payments to meet state tax requirements. As shown in the figure  below, January estimated tax payments from these taxpayers are running well below targets needed to meet the Governor 's budget revenue levels for 2023-24.
https://lao.ca.gov/LAOEconTax/article/Detail/795