An Update on California’s Cash Management Situation

Aug 31, 2020 - In fact, while the state has not used external borrowing for cash management since 2014, in the 32 years between 1983 and 2014 the state issued at least one RAN in every single year excep t two (1995 and 2000).
https://lao.ca.gov/Publications/Report/4266

The 2019-20 Budget: California Spending Plan—Debt Liabilities

Oct 17, 2019 - Legislation ratifying the memorandum of understanding (MOU) between the state and Bargaining Unit 5 (Highway Patrol) —Chapter 859 (AB  118, Committee on Budget) —changed the 2020 ‑21 supplemental payment so that $243  million General Fund goes to the Highway Patrol pension benefit and $22  million is apportioned as described above, based on General Fund annual contributions to CalPERS.
https://lao.ca.gov/Publications/Report/4106

The Quiet Transformation in California’s Cash Management

Aug 29, 2019 - In 2019, AB  1054 [Holden] authorized a loan of up to $10.5  billion for wildfire liability claims.) Mirroring the broader economy, it is inevitable that at some point, the state ’s revenue trends will weaken.
https://lao.ca.gov/Publications/Report/4091

The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products

May 12, 2019 - For example, Chapter  687 of 2017 (AB  10, Garcia) requires relatively high-poverty middle schools and high schools to provide free menstrual products in restrooms. In many other areas, however, the state ’s policies could raise the equity concern described above.
https://lao.ca.gov/Publications/Report/4040