Summary of LAO Findings and Recommendations on the 2011-12 Budget

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Last Updated
 Go Back  Cash management K-12 inter-year payment deferrals Summary of the state's increased use of deferrals in recent years, the advantages and disadvantages of deferrals, and other major factors the Legislature should consider as it decides whether to approve additional K-12 deferrals. 2-08-11

Detailed Narrative

For more detail, please see our  budget brief, The 2011-12 Budget: To Defer or Not Defer? An Analysis of the Effects of K-12 Payment Deferrals.