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May 7, 2009 - In part because state revenue collections have been weaker than expected since passage of the February budget package, major cash flow difficulties loom for California in the summer and fall of 2009. Without significant budget-balancing and cash management actions by the Legislature or unprecedented borrowing from the short-term credit markets, the state will not be able to pay many of its bills on time for much of 2009-10. Returning the budget to balance will be important to resolving the state's cash flow challenges. We recommend that the Legislature act quickly to address these challenges—by late June or early July at the latest. We also note that the state should be cautious about accepting additional federal assistance for the state's cash flow problems, especially given the strings that may be attached to such aid. (Five-minute video summary)
See also: May 22, 2009, Conference Committee Update: California's Cash Flow Crisis
May 5, 2009 - Presented to: Assembly Budget Subcommittee No. 4 on State Administration
April 27, 2009 - Assembly Member De La Torre requested our assistance in determining the savings that could be achieved by expanding the Family Cost Participation Program (FCPP) to all services purchased by Regional Centers (RC) for consumers. We estimate that this expansion (excluding RC operations and 24-hour care) when fully implemented after about three years could yield ongoing, net annual General Fund savings ranging between about $11 million and $19 million depending on the number of participating consumers.
April 23, 2009 - Presented to Senate Budget and Fiscal Review Subcommittee No. 1 on Education
April 22, 2009 - Presented to Assembly Budget Subcommittee No. 2 On Education Finance
April 21, 2009 - Presented to: Assembly Budget Subcommittee No. 2 on Education Finance
April 17, 2009 - Presented at the EdSource 32nd Annual Forum on California Education Policy, April 17, 2009. (The HTML link above opens the Powerpoint presentation.)
April 2, 2009 - Presented to Senate Budget Subcommittee No. 2 on Resources
April 2, 2009 - Combined index of the full 14 report 2009-10 Budget Analysis Series.
April 1, 2009 - Presented to Assembly Budget Subcommittee No. 1 on Health and Human Services
April 1, 2009 - Presented to Senate Budget and Fiscal Review Subcommittee No. 1 on Education
April 1, 2009 - Presented to Senate Budget and Fiscal Review Subcommittee No. 1 on Education
March 26, 2009 - Presented to Senate Budget and Fiscal Review Subcommittee No. 1 on Education
March 25, 2009 - Presented to Assembly Budget Subcommittee No. 2 and Assembly Higher Education Committee
March 24, 2009 - Presented to: Senate Human Services Committee