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4,786 Publications Found
December 10, 2013 - Presented to: Assembly Local Government Committee December 10, 2013
November 20, 2013 - Presented November 20, 2013
November 20, 2013 - The 19th annual edition of the LAO's Fiscal Outlook--a forecast of California's state General Fund revenues and expenditures over the next six years--reflects continued improvement in the state's finances. A restrained budget for 2013-14, combined with our updated forecast of increased state revenues, has produced a promising budget situation for 2014-15. Our forecast indicates that, absent any changes to current laws and policies, the state would end 2014-15 with a multibillion-dollar reserve. Continued caution is needed, however, given that these surpluses are dependent on a number of assumptions that may not come to pass. For example, as we discuss in this report, an economic downturn within the next few years could quickly result in a return to operating deficits. In this report, we outline a strategic approach for allocating potential surpluses that prepares for the next economic downturn while paying for past commitments, maintaining existing programs, and making new budgetary commitments incrementally to address other public priorities.
November 4, 2013 - The LAO’s annual California Spending Plan publication details the 2013-14 budget package, including legislative and gubernatorial actions through October 2013. (Our office released a preliminary electronic version of the report on July 30, 2013 that summarized legislative and gubernatorial actions through that date.) Major features of the 2013-14 budget plan include $2.1 billion for a new formula to distribute funding amongst schools, a state-based plan to expand Medi-Cal to cover more than one million additional low-income adults, and selected program augmentations.
October 15, 2013 - Presented at C.A.S.H. Fall Conference
October 7, 2013 - Presented to Assembly Higher Education Committee
September 4, 2013 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 9. Bargaining Unit 9 is represented by the Professional Engineers in California Government (PECG).
September 4, 2013 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 6. Bargaining Unit 6 is represented by the California Correctional Peace Officers Association (CCPOA).
September 4, 2013 - Presented to: Senate Budget and Fiscal Review Committee
September 3, 2013 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 7. Bargaining Unit 7 is represented by the California Statewide Law Enforcement Association (CSLEA). If adopted, the MOU would modestly increase state costs in 2013-14 with increasing costs in 2014-15 and 2015-16.
August 29, 2013 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 12. Bargaining Unit 12 is represented by the International Union of Operating Engineers (IUOE). If adopted, the MOU would modestly increase state costs in 2013-14. Depending on decisions made by the Department of Finance, state costs could increase further (1) in 2014-15 to provide a one-time payment of $1,200 to employees and (2) in 2015-16 to provide an ongoing 3 percent or 3.25 percent general salary increase.
August 29, 2013 - Presented to: Senate Budget and Fiscal Review Committee
August 23, 2013 - We reviewed the proposed memoranda of understanding (MOUs) for Bargaining Unit 16 and Bargaining Unit 19. Bargaining Unit 16 is represented by the Union of American Physicians and Dentists (UAPD). Bargaining Unit 19 is represented by the American Federation of State, County, and Municipal Employees (AFSCME). If adopted, the MOUs would modestly increase state costs in 2013-14. Depending on decisions made by the Department of Finance, a general salary increase for all affected employees could increase state costs beginning in 2014-15 and thereafter.
August 15, 2013 - Statements of legislative intent and requests for studies adopted during deliberations on the 2013-14 budget package.
August 14, 2013 - Budget Outlook for California School Districts