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

Jan 13, 2023 - (That is, in our view, these costs would not have occurred absent legislative action and as a result do not contribute to the budget problem the Legislature faces today.) Comparison to LAO November Outlook.
https://lao.ca.gov/Publications/Report/4662

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

Feb 13, 2023 - As such, the Legislature should not view maintaining —or reducing —this funding as meaningfully affecting transit agencies ’ operational funding challenges one way or another, at least as it is currently structured.
https://lao.ca.gov/Publications/Report/4676

The 2023-24 Budget: Proposed Fund Shift for CHP and DMV Capital Projects

Feb 27, 2023 - Either way, municipal bond investors will view the General Fund as ultimately backing the bonds and would include the lease revenue bonds as part of the state ’s debt portfolio in their assessment of the state ’s overall  creditworthiness.
https://lao.ca.gov/Publications/Report/4710

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

Dec 13, 2023 - The Legislature could seek to manage the decline in revenues —at least in part —by reprioritizing remaining funds on what it views to be the most critical activities. For  example, this could include focusing on operations and maintenance rather than new capital projects.
https://lao.ca.gov/Publications/Report/4821

Impact of COVID-19 on State Transportation Revenues

Sep 17, 2020 - (Please view our online post Federal Stimulus Funds for Transit for more information on CARES Act funding for transit agencies in the state.) Effects of Pandemic to Monitor Going Forward Other Transportation Impacts of Pandemic.
https://lao.ca.gov/Publications/Report/4268

The 2020-21 Budget: Transportation

Feb 10, 2020 - In our view, it is in best interest of the state to ensure Caltrans has sufficient resources to defend against the lawsuits given the large potential financial liability. Low Service Scores for Tree and Brush Encroachment in Recent Years.
https://lao.ca.gov/Publications/Report/4149

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

Jan 13, 2020 - First, there are a number of proposals that could be viewed as more or less discretionary. For example, we categorize the full amount the administration sets aside for state employee compensation increases as discretionary.
https://lao.ca.gov/Publications/Report/4135