The 2024-25 Budget: College of the Law, San Francisco

Mar 5, 2024 - As of  2021 ‑22, CLSF had built up its reserve to 5.5 months of operating expenditures. This  level  has  since declined to 4.2 months of operating expenditures as a result of CLSF using some reserves to offset increased ongoing operating costs in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4875

The 2024-25 Budget: California Community Colleges

Feb 21, 2024 - Whereas unrestricted reserves totaled $1.8  billion (22  percent of expenditures) in 2018 ‑19, they grew to an estimated $3.1  billion (33  percent of expenditures) in 2022 ‑23. Both the Government Finance Officers Association and the Chancellor ’s Office ’s recommend that unrestricted reserves comprise a minimum of 16.7  percent (two months) of expenditures.
https://lao.ca.gov/Publications/Report/4853

The 2024-25 Budget: California State University

Feb 15, 2024 - As Figure  6 shows, CSU ’s uncommitted core reserves have generally increased over the past five years, reaching 1.1 months of expenditures in 2022 ‑23. Nonetheless, the reserve level remains below the system ’s target.
https://lao.ca.gov/Publications/Report/4842

The 2024-25 Budget: California Student Aid Commission

Feb 29, 2024 - The changes are intended to simplify the form by reducing the number of questions students and families need to answer and transferring data directly from their previous tax filings. After a one ‑year delay in the original launch date, the revised FAFSA is now in the midst of being implemented across the nation for the first time.
https://lao.ca.gov/Publications/Report/4865