Changes in University of California General Fund Spending [EdBudget]

Sep 13, 2022 - Provisional budget bill language states intent to provide an additional $83 million each in 2023-24 and 2024-25 for these projects (with the same split between the two campuses). c Provisional budget bill language states intent to provide an additional $83 million each in 2023-24 and 2024-25 for this project. d Of this amount,
https://lao.ca.gov/Education/EdBudget/Details/675

With New Deficits Looming, California Will Weigh its Options for Allocating a Large Revenue Windfall

Dec 1, 2020 - Looking ahead, however, we also identify the emergence of a new ongoing deficit beginning in the budget year (2021‑22). This fiscal gap persists and widens through the remainder of our outlook period (2024‑25).
https://lao.ca.gov/Publications/Report/4305

Overview of State Bond Debt Service [EconTax Blog]

Feb 27, 2024 - Overview of State Bond Debt Service [EconTax Blog] Overview of State Bond Debt Service February 27, 2024 In this post, we summarize state bonds, the state ’s current debt levels, and its annual debt service payments.
https://lao.ca.gov/LAOEconTax/Article/Detail/798

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - Language Stating Intent to Provide Additional Funding for Middle-Mile Network Costs in 2023-24 and 2024-25. Budget-related legislation — Chapter 48 of 2022 (SB 189, Committee on Budget and Fiscal Review) —also affirms the Legislature’s intent to provide $300 million General Fund in 2023-24 and $250 million General Fund in 2024-25 for additional costs to develop, construct, and acquire the state’s middle-mile broadband network.
https://lao.ca.gov/Publications/Report/4626

The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Consequently, actuaries now project that the state ’s contribution rate could phase down over the next few fiscal years, reaching around 2 percent beginning in 2024 ‑25. If this occurs, the state ’s required contribution rate would be around 8 percentage points lower relative to our forecast by 2024 ‑25, meaning the state would owe several billions of dollars less to CalSTRS over the forecast period.
https://lao.ca.gov/Publications/Report/4472

The 2022-23 Budget: Hastings College of the Law

May 10, 2022 - As Figure  1 shows, the size of Hastings ’ base adjustments has varied over the past several years. Figure 1 State Has Provided Hastings With Base Augmentations Most Years (Dollars in Millions)
https://lao.ca.gov/Publications/Report/4593

Changes in University of California General Fund Spending [EdBudget]

Aug 1, 2022 - Provisional budget bill language states intent to provide an additional $83 million each in 2023-24 and 2024-25 for these projects (with the same split between the two campuses). c Provisional budget bill language states intent to provide an additional $83 million each in 2023-24 and 2024-25 for this project. d Of this amount,
https://lao.ca.gov/Education/EdBudget/Details/638

MOU Fiscal Analysis: Bargaining Unit 7 (Public Safety)

Sep 7, 2023 - The legislative calendar is public and known far in advance. The legislative calendar and deadlines should be built into the administration ’s planning such that the Legislature has sufficient time to consider labor agreements.
https://lao.ca.gov/Publications/Report/4802

The 2021-22 Budget: LAO Preliminary Comments on the Governor’s Major May Revision Behavioral Health Proposals

May 24, 2021 - The Governor ’s May Revision includes $5  million CFRF in 2021 ‑22, $50  million General Fund in 2022 ‑23, $40  million General Fund in 2024 ‑25, and $5  million General Fund in 2025 ‑26 to the California Department of Public Health to implement a behavioral health literacy awareness campaign.
https://lao.ca.gov/Publications/Report/4439

Comparing LAO and May Revision Estimates of the Proposition 98 Guarantee [EdBudget]

May 25, 2021 - Comparing LAO and May Revision Estimates of the Proposition 98 Guarantee [EdBudget]     a The May Revision proposes to adjust the minimum guarantee upward ("rebench") for the expansion of transitional kindergarten to all four-year old children by 2024-25.
https://lao.ca.gov/Education/EdBudget/Details/514