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Higher Education (10)
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Results in Higher Education from the past 5 years


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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

An Analysis of University Cash Management Issues [Publication Details]

Nov 10, 2020 - To weather the reduction in revenues, the universities have implemented, or are considering, internal borrowing and transfers, shifting more money back into short-term investment accounts, and issuing bonds to help cover operating costs.
https://lao.ca.gov/Publications/Detail/4293

An Analysis of University Cash Management Issues

Nov 10, 2020 - Under state law, money in this account is invested in relatively low-risk, short-term assets, such as U.S. Government securities and domestic corporate bonds. The goals of the account are to safeguard taxpayer money, ensure cash is readily available when program costs are incurred, and earn a modest rate of return.
https://lao.ca.gov/Publications/Report/4293

The 2023-24 California Spending Plan: Higher Education

Oct 19, 2023 - The program is supported by a special fund consisting of money reverted from certain trust accounts used by attorneys. The special fund recently accumulated enough money to launch the program in 2023 ‑24 and sustain it for at least a few years.
https://lao.ca.gov/Publications/Report/4809

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Major Spending Choices Figure  2 displays the major budgetary decisions that the Governor made in allocating state and federal money, totaling $85  billion. It includes (1)  the General Fund surplus, (2)  school and community college spending, (3)  the American Rescue Plan (ARP) fiscal relief funds, and (4)  ARP capital projects funds.
https://lao.ca.gov/Publications/Report/4432

The 2023-24 Budget: California State University

Feb 7, 2023 - Under this approach, CSU borrows money for the projects by issuing university bonds, then repays the associated debt using its core funds. (State law authorizes CSU to use its main General Fund appropriation for this purpose.)
https://lao.ca.gov/Publications/Report/4671

The 2022-23 Budget: Student Housing

Apr 8, 2022 - As  we have noted previously, campuses at all three segments also do not spend enough money to keep their facilities in good condition and prevent their backlogs from growing. Addressing these existing critical capital issues is important —potentially mitigating life ‑safety hazards, avoiding disruptions to state programs, and minimizing future escalation in repair costs.
https://lao.ca.gov/Publications/Report/4589

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The new Climate Catalyst Revolving Loan Fund would lend money to private sector organizations for projects determined to advance the state ’s environmental goals, along with other priorities —such as creating high ‑quality jobs.
https://lao.ca.gov/Publications/Report/4135

The 2021-22 Budget: California Community Colleges

Feb 16, 2021 - By graduating high school having already earned college credits, students can save money and accelerate progress toward a postsecondary degree or certificate. Dual enrollment has various models. California ’s two most widely used models are traditional dual enrollment and College and Career Access Pathways (CCAP).
https://lao.ca.gov/Publications/Report/4372

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

Jan 13, 2022 - On January 10, 2022, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4492