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

Jan 13, 2025 - Any level above zero is up to the discretion of the Legislature. Recent budgets have set the SFEU between $3.5  billion and $4  billion. The Governor proposes a $4.5  billion SFEU balance for the end of 2025 ‑26.
https://lao.ca.gov/Publications/Report/4951

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - The proposed funds to be transferred to MVA consist of $49  million from unallocated projected discretionary GGRF revenues and $32  million that would be “freed up ” by shifting some prior planned GGRF expenditures for clean energy activities to the Proposition  4 climate bond.
https://lao.ca.gov/Publications/Report/4961

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

Feb 8, 2024 - The package also included budget bill language that allows the Department of Finance (DOF) to approve an additional midyear augmentation of up to $1  million no sooner than 30 days after notifying JLBC.
https://lao.ca.gov/Publications/Report/4833

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

Feb 27, 2023 - We recommend the Legislature weigh the trade ‑offs associated with using up ‑front cash versus lease revenue bonds for CHP and DMV projects, such as the resulting implications for the timing and level of costs.
https://lao.ca.gov/Publications/Report/4710

The 2020-21 Budget: Effect of Lower Cap-and-Trade Revenues on the High-Speed Rail Project

Jun 4, 2020 - However, if the project ends up having to return all of its federal funds (but experiences no further cost increases), it would need to average over $800 million per year in future auction revenues. The longer the state’s cap-and-trade revenues remain depressed, the higher revenues will need to be in future auctions to make up for the lower revenues received in the near term to continue to meet the project’s funding needs.
https://lao.ca.gov/Publications/Report/4252

DMV Shift to Online Services Due to COVID-19

Oct 16, 2020 - As shown in Figure  3, prior to the field office closures, online transactions made up about one-quarter of the department ’s total monthly transactions. During the field office closures, self-service online transactions increased to make up nearly half of the monthly total transactions.
https://lao.ca.gov/Publications/Report/4283

The 2023-24 California Spending Plan: Transportation

Oct 16, 2023 - In order to help address the state budget shortfall, the spending plan adopts the approach of using lease revenue bonds —rather than up-front General Fund, as the administration had originally planned —to fund the design-build phases of ten field office replacement projects.
https://lao.ca.gov/Publications/Report/4804

The 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - The Legislature could then utilize the freed ‑up GGRF to support another activity—transportation or otherwise—that might face reductions given the General Fund condition. As mentioned in the previous bullet, however, such a reduction would impact local transit operations and/or capital projects.
https://lao.ca.gov/Publications/Report/4854

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - A recent scientific  study  by United States Geological Survey researchers predicted that under scenarios of three feet to six feet of sea‑level rise, up to two‑thirds of Southern California beaches may become completely eroded by 2100.
https://lao.ca.gov/Publications/Report/4575

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

Dec 13, 2023 - First, as more of the vehicles on California’s roads become ZEVs, RIF is only able to make up for a portion of the lost fuel tax revenues. This issue can be observed through the average charges that owners of these vehicles pay.
https://lao.ca.gov/Publications/Report/4821