High-Speed Rail Draft 2024 Business Plan (Assembly) [Publication Details]

Mar 11, 2024 - High-Speed Rail Draft 2024 Business Plan (Assembly) [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4880

Despite Fiscal Forecasting Uncertainties, Multiyear Budget Planning Essential

May 27, 2021 - This manifests in operating deficits that persist through the outlook horizon (2024‑25). Adopting a budget with this combination of assumptions is inadvisable in our view. One reason is that—given the state’s balanced-budget requirement—doing so requires assuming that the multiyear budget projections are wrong.
https://lao.ca.gov/Publications/Report/4443

A Review of Child Care and Preschool Program Flexibilities in Certain Counties

May 13, 2021 - Once determined eligible for part ‑day CSPP, all families remain eligible for the school year. Families seeking employment are eligible for less than 30 hours of services a week. Families that are seeking permanent housing and/or are homeless are eligible for less than 30 hours of services a week.
https://lao.ca.gov/Publications/Report/4431

The 2023-24 Budget: California Department of Forestry and Fire Protection’s Major Capital Outlay Proposals

Feb 21, 2023 - As noted above, the Governor ’s request includes $3.9  million in 2023 ‑24 (decreasing to $3.4  million annually beginning in 2024 ‑25) for 12  facility staff to consult with DGS as it manages the training center project, as well as other potential capital outlay projects at CFTC ‑Ione that may be identified in the forthcoming master plan.
https://lao.ca.gov/Publications/Report/4693

The 2022-23 Budget: Judicial Branch Proposals

Feb 3, 2022 - However, due to the expiration of limited ‑term funding previously authorized, total funding would decline to $65.4  million annually beginning in 2024 ‑ 25 —effectively the same level of funding in the current  year.
https://lao.ca.gov/Publications/Report/4513

The 2021-22 Spending Plan: Housing and Homelessness

Oct 29, 2021 - This augmentation is in addition to an ongoing annual appropriation of $25  million General Fund for this purpose. Bringing Families Home Program Expansion. The budget includes $92.5  million General Fund in both 2021 ‑22 and 2022 ‑23 (with spending authority through 2024 ‑25) to expand the existing Bringing Families Home program.
https://lao.ca.gov/Publications/Report/4468

Assessing California’s Climate Policies—Implications for State Transportation Funding and Programs

Dec 13, 2023 - The interim report is due January 1, 2024, with a final report due January 1, 2025 and every five years thereafter. The Legislature could use this existing report as a tool to monitor revenue trends, perhaps modifying statute to require more frequent updates if it wanted to track developments more closely.
https://lao.ca.gov/Publications/Report/4821

Cannabis Tax Revenue Update [EconTax Blog]

Mar 6, 2020 - If revenue over the next two quarters grew at the same pace as it did in calendar year 2019, the 2019-20 total would be $465 million. If, instead, revenue grew as slowly as it did this past quarter, 2019-20 revenue would be roughly $434 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/441

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - The California Public Employees ’ Retirement System (CalPERS) determines how much money must be contributed each year to fund the pension benefit. There are two components of the total contribution to CalPERS.
https://lao.ca.gov/Publications/Report/5047

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - The California Department of Transportation (Caltrans) plans such projects well in advance, so changes in 2022 ‑23 revenue likely would affect funding for projects around 2024 ‑25. Due to the State Highway Account ’s estimated beginning balance of $3  billion in 2022 ‑23, the revenue loss would not affect projects planned for 2022 ‑23 or 2023 ‑24.
https://lao.ca.gov/Publications/Report/4528