The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - Money Transmitters Program. Regulates, supervises, and examines businesses that receive money for transmission and sell or issue payment instruments and stored value. (These can include businesses that issue money orders and traveler ’s checks, as well as those that offer digital payments, such as PayPal and Stripe.)
https://lao.ca.gov/Publications/Report/5025

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - In addition, each applicant must propose to do one of the following: (1)  create 500 new full-time jobs, (2)  make an investment of at least $10  million, or (3)  create jobs or make an investment in a high-poverty or high-unemployment area.
https://lao.ca.gov/Publications/Report/5018

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - Identifying efficiencies in state government can result in budgetary savings without reducing service levels. However, it is difficult to achieve large levels of savings through operational efficiencies alone (that is, without changes to policy or service levels).
https://lao.ca.gov/Publications/Report/5156

The 2025-26 Budget: Department of Financial Protection and Innovation [Publication Details]

Apr 3, 2025 - In this post, we assess administration-proposed trailer bill language that would increase certain fees charged by the Department of Financial Protection and Innovation and make recommendations to help ensure the department has the resources it needs to meet its oversight and regulatory mission.
https://lao.ca.gov/Publications/Detail/5025

The 2024-25 Budget: Broadband Infrastructure

Feb 28, 2024 - Unserved areas and households are generally defined as those without access to broadband (as defined by the FCC). (In this brief, we use the terms households and locations interchangeably.) Underserved areas and households can be defined as those with access to broadband but without access to broadband at faster Mbps download and upload speeds with higher reliability and/or lower latency.
https://lao.ca.gov/Publications/Report/4867

The 2024-25 Budget: Proposed Reductions to State Operations

May 21, 2024 - However, the proposal presumes a high level of inefficiency in state government by asserting that $1 in every $10 of state operations expenditures can be eliminated without affecting state services. Difficult to Achieve Savings Without Affecting State Employees.
https://lao.ca.gov/Publications/Report/4903

The 2023-24 Budget: Broadband Infrastructure

Mar 20, 2023 - Recent Major Funding Increase for Federal Broadband Programs Federal Infrastructure Investment and Jobs Act (IIJA) Included $65   Billion for Broadband Programs Nationwide. In November 2021, the federal IIJA was signed into law providing $65  billion for broadband programs.
https://lao.ca.gov/Publications/Report/4747

The 2023-24 Budget: California Volunteers Proposed Program Expansions

Mar 1, 2023 - Without such information, the Legislature cannot determine whether continuing th e Youth Jobs Corps represents the best investment of state funds, or if other program structures or activities are a more effective way to pursue youth workforce development.
https://lao.ca.gov/Publications/Report/4723

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

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951

Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Assumptions that actuaries make related to investment returns, membership and payroll growth, age of retirement and life expectancy for retirees, and other aspects that impact CalSTRS’ projected benefits payments, contributions, and revenues.
https://lao.ca.gov/Publications/Report/4400