The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor links these base increases to CSU and UC meeting three expectations: (1)  developing a plan to eliminate their achievement gaps by 2025, (2)  permanently increasing the share of courses they offer online by at least 10  percentage points over their pre-pandemic levels, and (3)  establishing “dual admissions ” pathways designed to simplify and expedite student transfer from community colleges to CSU and UC.
https://lao.ca.gov/Publications/Report/4309

The 2020-21 Budget: Overview of the California Spending Plan (Final Version)

Oct 5, 2020 - Cities. The budget provides $ 500  m illion to cities for homelessness, public health, public safety, and other services to combat the COVID ‑ 19 p andemic. Of this total, $ 225  m illion is provided to cities with populations greater than 300, 000 t hat did not receive a direct federal allocation and $ 275  m illion is provided to cities with a population of less than 300,000.
https://lao.ca.gov/Publications/Report/4263

An Update on California’s Cash Management Situation

Aug 31, 2020 - For example, the state typically transfers funds to school and community college districts, makes payments to Medi-Cal providers, and issues payroll to state employees every month of the year. However, the state receives most of its revenues in the latter half of the fiscal year, in particular January, April, and June, which are key months for collections of the personal income tax .
https://lao.ca.gov/Publications/Report/4266

The 2020-21 Budget: Initial Comments on the Governor’s May Revision

May 17, 2020 - The administration proposes to remit the remaining CRF funds to schools ($ 4  b illion), counties ($1. 3  b illion), and cities ($ 450  m illion). Budget Solutions Mix of Solutions Reasonably Well ‑Balanced.
https://lao.ca.gov/Publications/Report/4232

Federal COVID-19-Related Funding to California

Apr 28, 2020 - These include payments to the state government, local governments (including cities, counties, and special districts), tribal governments, and other public entities (like housing authorities, school districts, and other local educational agencies).
https://lao.ca.gov/Publications/Report/4226

State Funding Actions Related to COVID-19

Apr 20, 2020 - Using authority established in Government Code 8690.6, the Governor transferred $1.3  billion from the Special Fund for Economic Uncertainties to a subaccount within the fund —the Disaster Response Emergency Operations Account (DREOA).
https://lao.ca.gov/Publications/Report/4223

The 2020-21 Budget: Structuring the Budget

Feb 10, 2020 - For example, the 2016 ‑ 17 b udget anticipated General Fund revenues (excluding transfers) would total $124. 2  b illion for that year. That estimate was ultimately too high by about $ 1  b illion, with actual revenues in 2016 ‑ 17 n ow estimated to be $123. 4  b illion.
https://lao.ca.gov/Publications/Report/4150

The 2019-20 Budget: Overview of the California Spending Plan (Final Version)

Oct 17, 2019 - The budget package creates new incentives for cities and counties to adopt pro ‑housing policies. Cities and counties that adopt these policies would receive additional points in the scoring of their applications for certain state grant programs.
https://lao.ca.gov/Publications/Report/4083

The 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - This means the state makes the transfer in the first few days of July. This deferral only appl ies to the state ’s General Fund pension payments —other funds ’ fourth-quarter CalPERS payments are paid in June.
https://lao.ca.gov/Publications/Report/4106

Managing California’s Cash

Sep 3, 2019 - The overall effect of A B   1054 o n the state ’s cash balances is yet to be seen —it will depend on decisions by the administration about how much to transfer to the fund, when to make those transfers, and when to issue the new bonds to repay the loan.
https://lao.ca.gov/Publications/Report/4092