The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - Since capital outlay projects will provide benefits for many years, future taxpayers would pay for the future bene fits (through debt service payments) rather than current taxpayers paying for the entire project (through cash financing).
https://lao.ca.gov/Publications/Report/4709

The 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - In particular, the administration should be able to articulate how SQRC fits into i ts overall theory of action for the entire prison system and why it would logically contribute to the administration ’s stated outcomes.
https://lao.ca.gov/Publications/Report/4986