The 2023-24 Budget: Proposed Fund Shift for CHP and DMV Capital Projects

Feb 27, 2023 - Adding additional commitments to the fund —such as the $25  million in annual debt service for current proposed projects and additional debt service for forthcoming projects —would accelerate the fund ’s anticipated insolvency and necessitate legislative action to address the fund condition somewhat sooner than would  otherwise  be  the  case.
https://lao.ca.gov/Publications/Report/4710

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - The Legislature likely will want to closely monitor evolving budget conditions over the next few months—including GGRF revenue trends—as it weighs its various options. Develop Plan to Ensure Fund Remains Solvent.
https://lao.ca.gov/Publications/Report/4961

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

Dec 13, 2023 - Figure 9 shows our estimates (in inflation ‑adjusted dollars) for how the revenue projections displayed in Figure 8 will affect funding for the state ’s transportation programs over the next eleven years.
https://lao.ca.gov/Publications/Report/4821

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - We recommend the Legislature use the next few months to review program performance to develop its own approach to addressing the deficits. Governor ’s Interest in Enhancing Reserve Policies Merited. The Governor has signaled interest in changing the state ’s reserve policy by: (1)  increasing the cap on BSA required deposits from 10  percent of General Fund taxes to 20  percent
https://lao.ca.gov/Publications/Report/4951

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - For  example, in the San Francisco Bay Area alone, a recent study led by the Bay Conservation and Development Commission estimated that with an anticipated four feet of flooding in the region from sea‑level rise over the next 40 to 100 years, 13,000 existing housing units and 104,000 existing job spaces will no longer be usable.
https://lao.ca.gov/Publications/Report/4575

The 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - CalSTA currently is in the process of starting its 2024 competitive TIRCP grant cycle, with plans to award about $800  million from these base funds this fall to support new projects over the next five years.
https://lao.ca.gov/Publications/Report/4854

The 2024-25 Budget: Establishing the Office of the Inspector General for the High-Speed Rail Authority

Feb 8, 2024 - The IG ’s proposed work plan envisions that OIG will conduct six programmatic reviews annually, as well as investigate complaints (such as from whistleblowers) and conduct ad hoc reviews. We summarize OIG ’s work plan for 2024 ‑25 in Figure  1.
https://lao.ca.gov/Publications/Report/4833

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - The Legislature could require the program to further prioritize these communities, such as by adding a focus on multiunit dwellings, given that existing chargers are more heavily located in affluent areas.
https://lao.ca.gov/Publications/Report/4708

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - Third, the Governor’s proposals should be assessed in context of the billions of dollars in federal funds that the state is anticipated to receive over the next five years from IIJA. While the proposed budget includes some initial allocations of IIJA funds for transportation and ZEV infrastructure, the budget does not include the significant amounts of additional funding expected
https://lao.ca.gov/Publications/Report/4492

The 2022-23 California Spending Plan: Transportation

Sep 29, 2022 - (California is expected to receive an additional $2.3  billion in formula-based transit funding under IIJA over the next five years as well, however, this funding generally is provided directly to transit agencies and will not flow through the state budget.)
https://lao.ca.gov/Publications/Report/4628