The 2020-21 Spending Plan: Higher Education

Oct 16, 2020 - Of the $8.4 billion, $5.1 billion is state General Fund and $3.3 billion is local property tax revenue. Anticipated year-over-year growth in property tax revenue (3.5 percent) is more than offset by a budgeted decline in state General Fund support (14.5 percent).
https://lao.ca.gov/Publications/Report/4284

Overview of Federal COVID-19 Research Funding

May 13, 2020 - (This amount excludes federal tax credits. According to the Internal Revenue Service, in tax year 2014, the most recent year with publicly available data, corporations claimed a total of $12.6  billion in federal tax credits for their R &D activities.)
https://lao.ca.gov/Publications/Report/4230

An Overview of Federal Higher Education Relief

Apr 28, 2020 - These public higher education segments primarily use state funding, along with student tuition revenue (and, at CCC, local property tax revenue), to cover their core operating expenses. These expenses include faculty salaries, employee benefits, building maintenance, equipment, and supplies.
https://lao.ca.gov/Publications/Report/4225

The 2020-21 Budget: California Student Aid Commission

Feb 27, 2020 - We believe waiting to build an expenditure plan until after the work group submits its report in September 2021 i s a more effective budgetary approach. One ‑Time Grants Are Not Well ‑Suited for Ongoing Activities.
https://lao.ca.gov/Publications/Report/4182

The 2020-21 Budget: Medical Education Analysis

Feb 20, 2020 - For each option, an estimate of the total operating cost and a multiyear expenditure phase ‑in plan, along with revenue projections by source. A space and facility utilization analysis of UCSF ’s main campus and the Fresno branch campus, along with a capital outlay plan under each option that identifies scope, cost, and schedule.
https://lao.ca.gov/Publications/Report/4166

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 2020-21 Budget: Cal Grant Cost Estimates

Nov 21, 2019 - The budget also provides $6  million from the College Access Tax Credit Fund, a state special fund that supports a small augmentation to the access award. (The CCC Student Success Completion Grant program is supported by Proposition  98 state General Fund, separate from Cal Grant funding.)
https://lao.ca.gov/Publications/Report/4114

The 2019-20 May Revision: Analysis of the May Revision Education Proposals

May 15, 2019 - The Legislature could require the administration to submit expenditure proposals as part of the regular budget process. Using the standard budget process would provide the Legislature a regular opportunity to be apprised of the administration ’s priorities, assess the use of any previously allocated funding, and make modifications based upon better information.
https://lao.ca.gov/Publications/Report/4048

The 2019-20 Budget: Creating an Integrated Education Data System

May 6, 2019 - We recommend the Legislature approve $ 10  m illion in initial funding for the JPA and provide associated expenditure authority through June 30, 2023. To ensure the Legislature is kept apprised of the project ’s progress, we recommend the Legislature appropriate the funding in the annual budget act and require the administration use the section letter process to notify the Joint Legislative Budget Committee prior to allocating any round of funding.
https://lao.ca.gov/Publications/Report/4026

The 2019-20 Budget: Community College Student Success Awareness Initiative

Apr 25, 2019 - The funds would be available for expenditure through June 30, 2022. Chancellor ’s Office Indicates It Would Use Proposed Funding to Improve College Promise Messaging and Integrate Existing Marketing Campaigns.
https://lao.ca.gov/Publications/Report/4017