Federal Relief Funding for Higher Education [EdBudget]

Aug 6, 2021 - CSAC received funds for providing education and training grants to displaced workers, and SIB received funds to open college savings accounts for low-income public school children. CARES discretionary funds must be spent on costs incurred by December 31, 2021, while ARP discretionary funds must be spent on costs incurred by December 31, 2024.
https://lao.ca.gov/Education/EdBudget/Details/522

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - The scenario shown in Figure  5 assumes the state saves $10  billion in 2022 ‑23 and then uses those funds to pay for SAL requirements in 2023 ‑24 and/or 2024 ‑25. As such, the nearly $10  billion in funds available as a result of rejecting these proposals must be saved to help balance the budget in the future.
https://lao.ca.gov/Publications/Report/4583

Financial Aid Award Coverage [EdBudget]

Sep 18, 2019 - Available for up to two calendar years. CCC BOG Fee Waiver Provides full enrollment fee coverage for CCC students. Available for unlimited years and for any number of units taken. CSU State University Grant Provides tuition coverage for CSU students who are not eligible for a Cal Grant but have financial need.
https://lao.ca.gov/Education/EdBudget/Details/314

The 2023-24 Budget: May Revision Proposals Related to the California Model and San Quentin State Prison

May 19, 2023 - We estimate that the Governor ’s proposed $360.6  million in lease revenue bond authority to build the educational and vocational center would require about $25  million General Fund in annual debt service payments for 25 years, beginning as early as 2025-26.
https://lao.ca.gov/Publications/Report/4771

New Higher Education Reporting Requirements [EdBudget]

Sep 12, 2023 - Trailer bill language changes the due date for the existing annual report from June 30 to September 30 (beginning in 2024). CalKIDS = California Kids Investment and Development Savings. LEAs = local educational agencies.
https://lao.ca.gov/Education/EdBudget/Details/747

Financial Aid Award Coverage [EdBudget]

Jan 16, 2020 - Available for up to two calendar years. UC Grant Provides tuition and nontuition coverage for UC students. Available for up to six years of full-time study (or its equivalent). CSU State University Grant Provides tuition coverage for CSU students who are not eligible for a Cal Grant but have financial need.
https://lao.ca.gov/Education/EdBudget/Details/354

The 2021-22 Budget: Labor Agreements Ending Personal Leave Program 2020

Jun 25, 2021 - Pursuant to the agreement, between 2021 ‑22 and 2024 ‑25, the amount contributed by employees would increase and the amount contributed by the state would decrease such that employees and the state each contribute 3.4  percent of pay beginning in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4446

The 2019-20 Budget: Hastings College of the Law

Apr 24, 2019 - Students generally receive the discount throughout their three years of attendance. In 2015 ‑16, Hastings began relying more on tuition discounts to attract higher quality applicants. The average discount rate for the fall 2015 c ohort was 42  p ercent, compared to 25  p ercent for the previous cohort.
https://lao.ca.gov/Publications/Report/4011

The 2020-21 Budget: Early Education Analysis

Feb 21, 2020 - Some providers have a strong preference for operating part ‑day State Preschool because it can be more efficient to administer (LEAs can run two part ‑day programs in one classroom with the same staff) and has a calendar that is aligned with the school year.
https://lao.ca.gov/Publications/Report/4167

The 2023-24 Budget: Department of Consumer Affairs Organizational Improvement Office

Feb 24, 2023 - Currently, 11 boards and bureaus are projected to have special funds become insolvent in 2024-25. Although DCA is working with these boards and bureaus to bring their funds into balance (such as through annual savings or fee increases through the regulatory or legislative process), additional expenditures that are passed to the boards and bureaus through the pro rata place additional pressure on these funds.
https://lao.ca.gov/Publications/Report/4704