The 2022-23 Budget: Initial Comments on the State Appropriations Limit Proposal

Feb 4, 2022 - Statute defines capital outlay as: “an appropriation for a fixed asset (including land and construction) with a useful life of 10 or more years and a value which equals or exceeds one hundred thousand dollars ($100,000). ” The state could spend more on infrastructure ‑related purposes from a variety of fund sources, including General Fund, Proposition  98 General Fund, and/or some tax ‑revenue supported special funds.
https://lao.ca.gov/Publications/Report/4515

The 2018-19 Budget: Repaying the CalPERS Borrowing Plan

Apr 4, 2018 - For instance, most special fund loans carry a fixed interest rate equal to the investment earnings rate of the PMIA on the day the loan was made. (In recent years, this rate has averaged 0. 5  p ercent, although it has risen in recent months.)
https://lao.ca.gov/Publications/Report/3797

The 2018-19 Budget: Overview of the Governor's Budget

Jan 12, 2018 - In 2018 ‑19, the budget allocates $4. 6  b illion in transportation spending, consistent with the measure ’s statutory formula for allocating revenues. If approved by voters in 2018, S B  5 and S B  3 would each authorize $ 4  b illion in general obligation bonds for natural resources ‑related projects and housing, respectively.
https://lao.ca.gov/Publications/Report/3731

The 2018-19 Budget: Overview of the Governor's Budget [Publication Details]

Jan 12, 2018 - The 2018-19 Budget: Overview of the Governor's Budget [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3731

The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - Common Questions About Capital Outlay Exclusions What Is a “Fixed Asset? ” The statute does not define the term fixed asset, although it does give land and construction as examples of included components.
https://lao.ca.gov/Publications/Report/4547

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - The 2018-19 Budget: California's Fiscal Outlook Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Report/3718/1

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - However, if the state does not prevail, the budget would likely face additional costs of $331  million in 2018 ‑19 or later. Decisions for the Legislature in the 2018‑19 Budget The Legislature will face several significant policy questions in the 2018 ‑19 budget process, which we discuss below.
https://lao.ca.gov/Publications/Report/3718

The 2018-19 Budget: California's Fiscal Outlook [Publication Details]

Nov 15, 2017 - The 2018-19 Budget: California's Fiscal Outlook [Publication Details] The 2018-19 Budget: California's Fiscal Outlook Format: HTML Description: The near-term budget outlook is positive. Under our current estimates, the state would have $19.3 billion in total reserves (including $7.5 billion in discretionary reserves) at the end of 2018-19, assuming the Legislature makes no additional budget commitments.
https://lao.ca.gov/Publications/Detail/3718

The 2019-20 Budget: Proposition 98 Outlook

Nov 14, 2018 - For 2019 ‑20, our outlook assumes K ‑12 attendance declines 0. 04  p ercent, which slightly offsets the cost of providing COLA. After accounting for this slight downward adjustment, we estimate COLA to cost $2. 3  b illion.
https://lao.ca.gov/Publications/Report/3897

Supplemental Report of the 2018-19 Budget Act [Publication Details]

Sep 4, 2018 - Supplemental Report of the 2018-19 Budget Act [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3883