The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - CDTFA ’s estimated cost to implement AB  3218 and SB  1230 is $3.3  million in 2024-25, $5.5  million per year in 2025-26 and 2026-27, and $3.1  million in 2027-28 and ongoing. The new laws create penalties that could raise revenue to offset some of these costs.
https://lao.ca.gov/Publications/Report/4966

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

Jan 13, 2025 - For example, the administration’s estimate of baseline costs in Medi‑Cal, the state’s Medicaid program, is higher than our November 2024 estimate by $3.1 billion in 2025‑26. This is largely due to increased pharmacy costs, higher caseload, and a lower General Fund offset from the MCO tax package.
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: Overview of Information Technology Project Proposals

Mar 17, 2023 - Figure 2 Governor ’s 2023 ‑24 Budget IT Project Proposals a (In Millions) Enterprise Data to Revenue Project 2 135.0 Statewide Correctional Video Surveillance Continuation 87.7 Electronic Adjudication Management System Modernization 21.1 Heavy ‑Duty Vehicle Inspection and Maintenance Program Per SB 210 14.1 Uniform Fiscal System Modernization and the Consumer Electronic Records Management System
https://lao.ca.gov/Publications/Report/4746

The 2022-23 Budget: California Department of Technology

Feb 22, 2022 - The department also requests an additional $3.1  million General Fund for external consulting costs and internal positions to work on statewide strategic initiatives, such as the development of a statewide IT Strategic Plan.
https://lao.ca.gov/Publications/Report/4552

Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Specifically, CalSTRS investments returned 3.9  percent in 2019 ‑20, compared to the assumed 7  percent rate, meaning CalSTRS experienced an actuarial loss of 3.1  percentage points. As noted in the preceding paragraph, the state ’s rate already was scheduled to increase by the maximum allowed amount in 2020 ‑21 and for the following two to three years.
https://lao.ca.gov/Publications/Report/4400

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

Jan 13, 2022 - The remainder of the surplus —$12.1   billion —is proposed for purposes not excluded from the SAL, including $8.5  billion in spending ‑related proposals, the $3.1  billion balance of the SFEU, and about $600  million to repay special fund loans.
https://lao.ca.gov/Publications/Report/4492