Assessing California’s Climate Policies—Implications for State Transportation Funding and Programs

Dec 13, 2023 - However, given that statewide transportation needs are unlikely to decrease over time, this option likely would have negative impacts on the co ndition and performance of the state ’s transportation system.
https://lao.ca.gov/Publications/Report/4821

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - One key question will be what role state programs and policies can and should play in adapting to climate change, including how they interact with local adaptation activities, and how they should be funded.
https://lao.ca.gov/Publications/Report/4575

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Notably, however, the administration ’s multiyear estimates include a negative SFEU balance of $6  billion in 2022 ‑23. Despite Sizeable Surplus, Governor Maintains Borrowing and Reserve Withdrawals.
https://lao.ca.gov/Publications/Report/4432

The 2023-24 Budget: Proposed Budget Solutions in Transportation Programs

Feb 13, 2023 - What is the current demand for the funds? How likely is it that delaying or not conducting the activity could lead to negative long ‑term outcomes? What Other Resources Might Be Available? Are other funding sources available to help accomplish the activities at some level, either from previous budget appropriations, special funds, or federal funds?
https://lao.ca.gov/Publications/Report/4676

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - Moreover, although A B  8 fees are modest, they represent a direct cost to vehicle owners —including to lower ‑income households, which are more likely to be negatively affected by higher registration prices.
https://lao.ca.gov/Publications/Report/4708

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - In contrast, by planning to have a negative balance in the SFEU, the administration assumes that next year revenues will be higher than anticipated, costs will be lower than anticipated, taxes will be increased, or reductions will be required.
https://lao.ca.gov/Publications/Report/4492

The 2024-25 Spending Plan: Transportation

Sep 10, 2024 - The administration has not yet identified what fund source it plans to propose to pay the future debt service on these bonds. Department of Motor Vehicles The budget provides $1.5  billion for DMV in 2024 ‑25, which is roughly equivalent to the estimated 2023 ‑24 expenditure level.
https://lao.ca.gov/Publications/Report/4925

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Before accounting for discretionary choices, the budget position under the administration ’s estimates is similar to what it was under our November estimates. That is, both of our offices have assessed that the budget is roughly balanced.
https://lao.ca.gov/Publications/Report/4951

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - In both cases, the difference stems from what is considered baseline spending —that is, what spending was approved in prior budgets. Specifically, the administration views the following as baseline spending: a $3  billion unallocated set ‑aside for inflation ‑related costs and a shift of $1.4  billion in authorized capital outlay projects from lease revenue bonds to cash.
https://lao.ca.gov/Publications/Report/4662

The 2024-25 Budget: Establishing the Office of the Inspector General for the High-Speed Rail Authority

Feb 8, 2024 - While the administration ’s perspective is that a notification was not required under the statute since the total amount of funding provided matches what OIG requested for 2024 ‑25, DOF did change the proposal materially.
https://lao.ca.gov/Publications/Report/4833