The 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - The 2023 ‑24  Budget Act authorized $360.6  million (subsequently reduced to $239  million as recommended by the advisory council) in lease revenue bond authority for the construction of a new learning center at SQRC, which is expected to be completed in early 2026.
https://lao.ca.gov/Publications/Report/4986

The 2024-25 Spending Plan: Judiciary and Criminal Justice

Sep 10, 2024 - In addition to the amounts above, the budget also includes $101  million in new lease revenue bond authority. We identify some of the major actions taken in the 2024-25 budget process below. Baseline Support for Trial Court Operations.
https://lao.ca.gov/Publications/Report/4924

The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - To the extent the Legislature authorizes new lease revenue bonds for projects, we recommend the Legislature provide clear direction to the administration regarding which source of funds it intends to use to make debt service payments.
https://lao.ca.gov/Publications/Report/4709

The 2020-21 Spending Plan — Other Provisions

Oct 7, 2020 - Statutory Changes to Expand Authority and Rename Department. As part of his January budget proposal, the Governor proposed legislation to change the name of DBO and broaden the department ’s authority in various ways, such as by allowing it to regulate certain financial products and services that are not currently regulated.
https://lao.ca.gov/Publications/Report/4277

Counties and Design-Build [Publication Details]

Jan 7, 2014 - Nonetheless, when the Legislature next considers extending design-build authority for counties or other local agencies, we recommend that it consider some changes such as creating a uniform design-build statute for agencies that have design-build authority, eliminating cost limitations, and requiring project cost to be a larger factor in awarding design-build contracts.
https://lao.ca.gov/Publications/Detail/2818

The 2020-21 Budget: Debt Service on Infrastructure Bonds

Nov 20, 2019 - Our projections do not include any additional debt service costs for new bonds that might be authorized by the voters or the Legislature during the forecast period, such as Proposition  13, a $15  billion general obligation bond for schools scheduled for the March  2020 election.
https://lao.ca.gov/Publications/Report/4118

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

Jan 13, 2020 - We define discretionary spending to mean spending not authorized under current law. We also include the full amount of the proposed balance in the Special Fund for Economic Uncertainties (SFEU) as discretionary.
https://lao.ca.gov/Publications/Report/4135

Debt Service on Infrastructure Bonds

Nov 15, 2017 - We note that our projections do not include additional debt-service costs for any other new bonds that may be authorized by the voters or the Legislature during the forecast period. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/3713

The 2019-20 Budget: California Spending Plan—Other Provisions

Oct 17, 2019 - In some cases, agencies or departments are not authorized to make expenditures on the development and implementation of a project until 30 calendar days after written notification of the Legislature.
https://lao.ca.gov/Publications/Report/4101

Ten Years Later: Progress Towards Expending the 2006 Bond Funds

Jan 3, 2017 - In fact, as shown in Figure  2, state agencies administering these bonds have expended about $36  billion —84  percent —of the total amount authorized. Notably, there is significant variation among the six bonds in the pace of expenditures.
https://lao.ca.gov/Publications/Report/3519