California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - A district ’s expenditures (the largest of which is employee salaries) are generally even throughout the year. The largest revenue source for most districts —state General Fund —is generally aligned with the timing of expenditures.
https://lao.ca.gov/Publications/Report/4307

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 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 2022-23 Budget: Hastings College of the Law

May 10, 2022 - It then describes the Governor ’s funding proposal and Hastings ’ corresponding expenditure plan. The  post  concludes by raising two issues for legislative consideration. Background Hastings Is a Public Law School.
https://lao.ca.gov/Publications/Report/4593

The 2022-23 Budget: Hastings College of the Law [Publication Details]

May 10, 2022 - This is because Hastings’ corresponding expenditure plan primarily focuses on basic workload adjustments. That said, we emphasize that this proposal is a starting point. The Legislature likely will want to weigh this proposal against its other 2022‑23 budget priorities.
https://lao.ca.gov/Publications/Detail/4593

An Analysis of University Reserves

Nov 10, 2020 - At CSU, total core reserves (committed and uncommitted combined) at the end of 2019-20 ranged from less than one month of expenditures at the Fresno campus to six months of expenditures at the Channel Islands campus.
https://lao.ca.gov/Publications/Report/4295

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

May 17, 2021 - (In addition to the amounts shown, the Governor proposes using $1.5  billion of ARP fiscal relief funds to pay for the sate share of direct coronavirus disease 2019 expenditures, resulting in lower General Fund costs by that amount.)
https://lao.ca.gov/Publications/Report/4432

The 2013-14 Budget: Analysis of Governor’s Proposition 39 Proposal [Publication Details]

Feb 21, 2013 - In view of the above concerns, we recommend the Legislature exclude from the Proposition 98 calculation all Proposition 39 revenues required to be used on energy-related projects and not count spending from these revenues as Proposition 98 expenditures.
https://lao.ca.gov/Publications/Detail/2691

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - From 2017 ‑ 18 t o 2019 ‑20, its estimates of baseline Medi ‑Cal expenditures (before accounting for policy changes) is $3. 8  b illion lower than we estimated in November. This difference includes a roughly $ 2  b illion downward revision to current ‑year expenditures.
https://lao.ca.gov/Publications/Report/3916

The 2023-24 Budget: California Student Aid Commission

Feb 23, 2023 - Based on CSAC ’s projections, demand likely is sufficient under the current program structure to fully spend grant funds by the expenditure deadline (and possibly sooner). Moreover, expanding the service requirement to include non ‑priority schools undermines the primary program objective of supporting schools facing the most acute teacher shortages.
https://lao.ca.gov/Publications/Report/4702