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Total Credits: 1.5 including 1.5 Technical
CSMFO Webinar
California Legislative Analyst’s Office (LAO) Update – Governor’s 2024 Budget Proposal and Fiscal Outlook
a CSMFO webinar
10:00-11:30 a.m., Monday, January 22, 2024
In this webinar, staff from the Legislative Analyst’s Office (LAO) will provide an overview of the LAO’s analysis of the Governor’s January 2024 budget proposal and the related fiscal outlook. The analysis addresses the overall condition of the state budget for 2024-25—for example, the LAO’s assessment of the looming budget deficit—and whether the state has capacity for its ongoing spending commitments. There are also major warning signs with respect to gas tax collections as a result of the increasing ownership of electric vehicles. Michael Coleman will provide additional information and insights specific to local agencies. As local agencies prepare their operating budgets, information about the Governor’s proposed budget and the fiscal outlook are key considerations.
Advance registration is required for this no-cost webinar.
Webinar Objectives:
Presenters:
Audience:
Continuing Professional Education: 1.5 CPE (Technical)
Cost: Free for CSMFO members
$25 for non-CSMFO members
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Michael Coleman is a leading expert on California local government revenues, spending and financing. He is the creator of CaliforniaCityFinance.com, and the California Local Government Finance Almanac, an online resource of data, analyses and articles on California municipal finance and budgeting. He is the principal fiscal policy advisor both to the California Society of Municipal Finance Officers (CSMFO) and, for over twenty years, to the League of California Cities. Michael is a popular presenter at graduate schools and conferences and is the author of numerous articles and references, including the California Municipal Revenue Sources Handbook, and – as co-author with Mike Multari, Ken Hampian and Bill Statler – the Guide to Local Government Finance in California, published by Solano Press. An experienced city fiscal officer, Michael previously worked for the cities of San Mateo, Milpitas, Daly City and Sacramento. He received his BA in Policy Analysis from UC Davis and his MPA from the University of Southern California, and is a graduate of the Coro Fellows Program. In February 2013, the California Society of Municipal Finance Officers honored Michael with its Distinguished Service Award for dedicated service and outstanding contribution to the municipal finance profession.
Ann Hollingshead is a Principal Fiscal and Policy Analyst at the Legislative Analyst’s Office. Her assignment covers the overall condition of the state budget, federal funding to the state, overall state debts and liabilities, and budget reserves.
Frank Jimenez is a Senior Fiscal and Policy Analyst at the Legislative Analyst’s Office. He has spent the past four years covering budget and policy issues related to transportation funding, state highways, and local streets and roads.