Rethinking California's Reserve Policy

Apr 10, 2025 - This analogy can be easily extended to the state ’s reserve policy, which can fluctuate from year to year but should be constructed by examining a very long ‑time horizon in order to facilitate the stable provision of  services.
https://lao.ca.gov/Publications/Report/5028

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Additionally, the budget package includes legislation allowing DGS to use job order contracting for public works projects. Specifically, it would allow DGS to enter into competitively bid, fixed price, indefinite quantity contracts for certain public works.
https://lao.ca.gov/Publications/Report/4934

The 2024-25 California Spending Plan: Other Provisions

Oct 2, 2024 - Additionally, the budget package includes legislation allowing DGS to use job order contracting for public works projects. Specifically, it would allow DGS to enter into competitively bid, fixed price, indefinite quantity contracts for certain public works.
https://lao.ca.gov/Publications/Report/4934/governors-office-of-emergency-services

The 2024-25 Budget: Overview of the Spending Plan

Sep 6, 2024 - Ordered by bill number. Major Features of the 2024‑25 Spending Plan This section briefly describes the major spending actions in the 2024 ‑25 budget package, including some actions that were part of the early action package.
https://lao.ca.gov/Publications/Report/4922

The 2024-25 Budget: Multiyear Budget Outlook

May 23, 2024 - For example, in 2026 ‑27, revenues would need to be at least $11  billion higher than the May Revision forecast in order for the budget to be balanced. Overall, this figure shows that the state budget is likely balanced over the next couple of years, but a budget problem becomes more likely in later years.
https://lao.ca.gov/Publications/Report/4907

Cal Facts: 2016

Dec 5, 2016 - California Licenses Professionals In a Wide Variety of Fields Total Number of Licenses We estimate that Californians hold about 6 million state licenses or similar certifications to perform their jobs.
https://lao.ca.gov/Publications/Report/3511/7

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Though intended to be an annual pr ocess, disputes among these three often delayed certification for many years. Chapter   39 o f 2018 (A B  1825 , Committee on Budget) revamps the certification process.
https://lao.ca.gov/Publications/Report/3870/3

The 2023-24 Budget: State Appropriations Limit Estimates

Feb 1, 2023 - One concern is whether or not the state can reduce additional exclud ed spending in order to address the budget problem without incurring a SAL requirement. The administration ’s estimates suggest the Legislature could reduce some additional excluded spending in 2022-23 or 2023-24.
https://lao.ca.gov/Publications/Report/4667

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - In addition, the budget includes a $48. 2  m illion reduction in General Fund support for trial court operations in 2018 ‑ 19 i n order to reflect the availability of property tax revenue in accordance with Control Section 15.45 and Section 2578 o f the Education Code.
https://lao.ca.gov/Publications/Report/3870/11

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - If an employer wants to maximize savings, given the option, a supplemental payment likely would be applied to the unfunded liability with the longest remaining amortization period —essentially , paying down the principal in order to minimize the interest costs.
https://lao.ca.gov/Publications/Report/4887