Mental Health Services Act: Proposed Bond to Fund Behavioral Health Facilities and Veterans Housing

Aug 17, 2023 - These sources include (1)  dedicated vehicle license fee and sales tax revenue streams known as “realignment ” funds, (2)  revenues from the Mental Health Services Fund (MHSF) —established by the MHSA and funded through a 1  percent tax on incomes over $1  million, and (3)  federal funding accessed through Medi-Cal.
https://lao.ca.gov/Publications/Report/4790

The 2023-24 California Spending Plan: Housing and Homelessness [Publication Details]

Oct 19, 2023 - The 2023-24 budget provides $3.3 billion for various housing and homelessness programs within the Department of Housing and Community Development (HCD), the California Interagency Council on Homelessness (CalICH), and the California Tax Credit Allocation Committee.
https://lao.ca.gov/Publications/Detail/4808

The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals

Feb 14, 2020 - Conduct Oversight Over Other Expenditures of Cannabis Tax Funds. We recommend that the Legislature continue to use its oversight role to ensure that it is comfortable with the administration ’s plans for Cannabis Tax Fund revenues more broadly.
https://lao.ca.gov/Publications/Report/4162

The 2018-19 Budget: California Achieving a Better Life Experience Board

Jan 31, 2018 - Background CalABLE allows individuals with disabilities (also known as beneficiaries) to create tax-advantaged accounts. Similar to 529 college savings accounts, contributions to CalABLE accounts are not deductible, but can grow tax-free.
https://lao.ca.gov/Publications/Report/3738

The 2023-24 Budget: Broadband Infrastructure

Mar 20, 2023 - We also recommend the Legislature consider requiring more frequent updates on encumbrance and expenditure information from DOF to ensure federal deadlines will be met. The United States Department of the Treasury curren tly requires the state to file quarterly encumbrance and expenditure reports but, to avoid the potential loss of federal funds, the Legislature might consider requiring monthly reports until December 31, 2026.
https://lao.ca.gov/Publications/Report/4747

The 2022-23 Budget: California Department of Technology

Feb 22, 2022 - If  demand for services is higher than anticipated, CDT can request further expenditure authority from DOF through recurring provisional budget bill language. (Recently,  CDT  also requested increased expenditure authority to cover increased demand for and expenditures on VHSS.)
https://lao.ca.gov/Publications/Report/4552

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The administration estimates direct COVID-19 expenditures, which we do not consider discretionary, are higher by $4.4  billion compared to the budget act assumption. (We define direct COVID-19 expenditures to include expenses for testing, contact tracing, and vaccine distribution.)
https://lao.ca.gov/Publications/Report/4309

The 2023-24 Budget: Overview of Information Technology Project Proposals

Mar 17, 2023 - DOF could use quarterly project planning expenditure reports for proposed IT projects to inform their analysis. We also recommend the Legislature request this report no later than April 1, 2024 to inform the 2024-25 budget process.
https://lao.ca.gov/Publications/Report/4746

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

Jan 13, 2020 - Recently, corporation tax collections have grown faster than anticipated while personal income tax collections have grown somewhat slower. The administration assumes that this pattern will continue. This is because they attribute the pattern to partnerships, which are taxed under the personal income tax, changing to corporations in response to 2017 federal tax changes.
https://lao.ca.gov/Publications/Report/4135

The 2017-18 Budget: The Governor's Cannabis Proposals

Feb 14, 2017 - The administration indicates that the high loan amount was to provide financial flexibility in the event that it decided to propose additional expenditures in the future (such as for increased IT costs).
https://lao.ca.gov/Publications/Report/3556