Tempered Expectations

Dec 9, 2019 - Worthy considerations for the other $4  billion include increasing discretionary reserves or other one-time expenditures, such as supplemental pension payments. Lawmakers could preserve fiscal flexibility by scheduling any such one-time payments to occur late in the fiscal year, contingent on the state ’s budget condition at that time.
https://lao.ca.gov/Publications/Report/4122

Interim Evaluation of Community College Basic Skills Transformation Grants

Dec 5, 2019 - State Provides Ongoing Funding for Basic Skills Courses. Most basic skills funding is generated through apportionments, which provide funding to community college districts on a per ‑student basis. In the past, the state also has provided categorical funding specifically for basic skills education.
https://lao.ca.gov/Publications/Report/4120

Cannabis Tax Revenue Update [EconTax Blog]

Dec 4, 2019 - Proposition 64 directed our office to submit a report to the Legislature by January 1, 2020, with recommendations for adjustments to the state ’s cannabis tax rate to undercut illicit market prices, generate sufficient revenues, and discourage youth use.
https://lao.ca.gov/LAOEconTax/Article/Detail/417

The enforcement of and sentencing for certain criminal offenses. [Ballot]

Dec 4, 2019 - State law defines three types of crimes: felonies, misdemeanors, and infractions. Felonies are the most severe and include crimes such as murder, robbery and the sale of a controll ed substance. Felonies can be punished by sentences of more than a year in county jail or state prison.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-024

Proposed statutory initiative related to consumer privacy. [Ballot]

Dec 2, 2019 - Under the measure, each fiscal year after offsetting the state court and DOJ costs, 91  percent of remaining funds would be invested by the State Treasurer with any interest or earnings transferred to the state General Fund.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-021

Stem cell research. [Ballot]

Dec 2, 2019 - The state ’s share of the income is deposited into the state General Fund (the state ’s main operating account), which is available to support any state program. Over the years, CIRM ’s governing board has developed specific revenue-sharing policies.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-022

The use of fungicides, herbicides, insecticides, and fumigants. [Ballot]

Nov 26, 2019 - As required by Section 9005, we are informing you that it is our opinion that the measure would result in a substantial net change in state and local finances. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/BallotAnalysis/Initiative/2019-020

The 2020-21 Budget: Cal Grant Cost Estimates

Nov 21, 2019 - State law specifies the number of new competitive awards available each year (currently 41,000). Cal Grants Are Supported by State and Federal Funds. The 2019 ‑20 Budget Act provides $2.6  billion for Cal Grants.
https://lao.ca.gov/Publications/Report/4114

The 2020-21 Budget: CalWORKs Child Care Outlook

Nov 21, 2019 - State Budgets for Stage 1 Differently Than Stages 2 and 3. The funding provided for all three stages of CalWORKs child care is determined annually in the state budget process. For Stage 1 child care, the state provides the Department of Social Services an appropriation for the county single allocation block grant.
https://lao.ca.gov/Publications/Report/4115

Fiscal Outlook: Focus on Revenues [EconTax Blog]

Nov 20, 2019 - Transfers into and out of the General Fund to other state funds are shown as revenues. Relative to June, we estimate the state will deposit less in constitutionally required transfers into the Budget Stabilization Account (the state ’s main reserve fund) in 2018-19 and 2019-20.
https://lao.ca.gov/LAOEconTax/Article/Detail/414