The 2021-22 Budget: “Cradle to Career” Data System

Mar 26, 2021 - The departments GovOps oversees include the Department of General Services, the Franchise Tax Board, and the Public Employees ’ Retirement System, as well as the Department of Technology. GovOps itself consists of 57 authorized positions.
https://lao.ca.gov/Publications/Report/4409

The 2021-22 Budget: Various CSU Proposals

Mar 9, 2021 - Specifically, when submitting the May Revision later this year, the Department of Finance is to compare estimated General Fund revenues to expenditures in 2021 ‑22 and 2022 ‑23. Unless revenues exceed expenditures in both years by at least the total cost of all suspension items, then all these items are to be automatically suspended.
https://lao.ca.gov/Publications/Report/4399

The 2021-22 Budget: California Community Colleges

Feb 16, 2021 - Moreover, the state has opportunities to translate the lessons learned from its CalFresh student enrollment efforts to various other public assistance programs (such as Medi ‑Cal, the Earned Income Tax Credit, and unemployment insurance) that students may be underutilizing.
https://lao.ca.gov/Publications/Report/4372

The 2021-22 Budget: California Student Aid Commission

Feb 8, 2021 - Students with dependent children qualify for a supplemental award that brings nontuition coverage to a maximum of $6,000 for Cal Grant A and B recipients and $4,000 for Cal Grant C recipients. c Cal Grant B recipients also receive a supplemental award (up to $8) funded by the College Access Tax Credit.
https://lao.ca.gov/Publications/Report/4355

The 2021-22 Budget: Analysis of the Major University Proposals

Feb 1, 2021 - Moreover, the state has opportunities to translate the lessons learned from its CalFresh student enrollment efforts to various other public assistance programs (such as Medi ‑Cal, the Earned Income Tax Credit, and unemployment insurance) that students may be underutilizing.
https://lao.ca.gov/Publications/Report/4336

Update on Community College Reserves

Jan 27, 2021 - Local reserves also allow colleges to handl e lower-than-budgeted local property tax receipts or unexpected drops in enrollment. Additionally, local reserves help colleges manage their cash flow and pay their bills while awaiting receipt of funds.
https://lao.ca.gov/Publications/Report/4323

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

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

An Analysis of University Cash Management Issues

Nov 10, 2020 - State law explicitly authorizes CSU to borrow funds from one of its accounts for another account, so long as the funds are (1)  returned to the original account by the time needed for expenditure and (2)  repaid with interest.
https://lao.ca.gov/Publications/Report/4293

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