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4,823 Publications Found
March 24, 2009 - Presented to UCLA Anderson Economic Forecast Seminar
March 23, 2009 - Presented to Assembly Revenue and Taxation Committee
March 19, 2009 - Presented to: Senate Budget Subcommittee No. 4 on State Administration
March 19, 2009 - The Davis-Dolwig Act is a 47-year-old state law that specifies that the state, not water ratepayers, should fund the recreation component of the the State Water Project (SWP). The budget proposes a number of statutory reforms to the act, in part to provide a dedicated funding source for its implementation. We find that the Governor’s proposal does not address a number of major problems with the implementation of the act and that the administration’s approach improperly limits the Legislature’s oversight role. We also find that, over many years, the Department of Water Resources has been allocating costs to the state under Davis-Dolwig that are significantly in excess of the direct costs to SWP for recreation. In our report, we offer the Legislature a package of statutory reforms to address problems that we have identified with the implementation of Davis-Dolwig. These include clarifying the role of public funding for recreation in SWP. We also recommend that the state evaluate the potential to divest itself of SWP reservoirs that are used mainly for recreation.
March 18, 2009 - Presented to Assembly Budget Subcommittee No. 2
March 18, 2009 - Presented at a Joint Hearing of the Assembly Education Committee and Assembly Budget Subcommittee No. 2 on Education Finance
March 17, 2009 - Presented to Assembly Budget Subcommittee No. 3 on Resources
March 17, 2009 - Presented to: Senate Transportation and Housing Committee
March 17, 2009 - Presented to Assembly Health Committee
March 17, 2009 - Presented to Assembly Environmental Safety and Toxic Materials Committee and Assembly Water, Parks and Wildlife Committee
March 17, 2009 - Presented to: Senate Committee on Labor and Industrial Relations Assembly Committee on Labor and Employment
March 16, 2009 - Presented to Assembly Budget Subcommittee No. 2 on Education Finance
March 13, 2009 - Mac Taylor's press conference in which he discusses the fiscal outlook under the February 2009 budget package.
March 13, 2009 - Governor's Reorganization Plan to Consolidate Information Technology Functions
March 13, 2009 - The budget package of $42 billion in solutions adopted by the Legislature and the Governor in February was an impressive step in addressing the state’s monumental budget shortfall. The budget uses both sides of the ledger—revenue increases and spending reductions—to attack the state’s dire fiscal situation. Unfortunately, the state’s economic and revenue outlook continues to deteriorate. Even in the few weeks since the budget was signed, there have been a series of negative developments. Our updated revenue forecast projects that revenues will fall short of the assumptions in the budget package by $8 billion. Moreover, a number of the adopted solutions—revenue increases and spending reductions—are of a short–term duration. Thus, without corrective actions, the state’s huge operating shortfalls will reappear in future years—growing from $12.6 billion in 2010–11 to $26 billion in 2013–14.