Post by heavyg on Jul 3, 2009 7:53:38 GMT -7
I guess California will start sending out IOU's. Im glad I no longer live in that state. I am one of the lucky ones not on the IOU list in regards to my retirement payments but if things do not change soon that may not be for long.
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IOUs:
Student Aid Commission (includes funding for Cal Grants)
$159 million
Social Services
Estimated Payments to Be Made with IOUs
Category
Payments to Be Made
Department of Social Services SSI/SSP grant assistance to aged, blind or disabled persons*
$591 million
Department of Social Services
CalWorks (temporary assistance for basic family needs, Including specific welfare-to-work requirements)
$495 million
Department of Social Services
County Administration (payments for operating costs and salaries of county staff who administer public assistance programs)
$64 million
*The federal Social Security Administration has notified California that it will continue
to pay in full both the federal Supplemental Security Income (SSI) and the
State Supplementary Payment (SSP) to aged, blind or disabled recipients
in July and August.
Other Local Assistance
Estimated Payments to be Made with IOUs
Category
Payments to Be Made
Department of Developmental Services Payments (funding for regional centers providing services to persons with developmental disablities)
$363 million
Department of Mental Health Payments (assists counties in providing an array of mental health treatment and rehabilitative services)
$90 million
Department of Alcohol and Drug Abuse Payments (assists counties in providing prevention, treatment, and recovery services)
$127 million
Judicial Branch (support for the operation of the trial courts)**
$41 million
Miscellaneous Local Assistance
$229 million
**The State intends to withhold this payment transfer in lieu
of issuing IOUs.
State Operations (Including Small Business Vendors)
Estimated Payments to be Made with IOUs
Category
Payments to Be Made
State Operations (primarily vendor payments)
$424 million
Small Business Vendors
$141 million
Capital Outlay
$364 million
Non-Governmental Costs (counties for social welfare)
$71 million
Revenue Refunds
Estimated Payments to be Made with IOUs
Category
Payments to Be Made
Personal Income Tax Refunds
$140 million
Corporate Tax Refunds
$58 million
Cash:
School Apportionment -
Revenue Limit
$5.82 billion
K-12 Categoricals
$395 million
Schools (other education), including
CalWorks Stage 2 and 3
$35 million
University of California
$346 million
State Universities and Colleges
$324 million
California Community Colleges
$550 million
Debt Service on General Obligation Bonds
$16 million
General Fund Interest Paid
$25 million
Public Employees' Retirement System
$416 million
State Teachers' Retirement System
$198 million
Court Required
Estimated Regular Payments to Be Made (Not IOUs)
Category
Payments to Be Made
Master Payroll Transfer - Employees Covered By Federal Labor Standards Act
$960 million
Master Payroll Transfer (Legislators, Legislative employees, appointees and other exempt employees)
$15 million
Judicial Branch (payroll,Trial Court Judges)
$125 million
Department of Social Services In Home Support Services (provides services to aged, blind or disabled persons to remain in their homes)
$125 million
Department of Corrections (Receivership)
$ 171 million
Federally Required
Estimated Regular Payments to Be Made (Not IOUs)
Category
Payments to Be Made
Managed Risk Medical Insurance Board's Healthy Families Program (subsidized children's health insurance program for low- to moderate-income families)
$33 million
Department of Health Care Services payments for Institutional Providers
$865 million
Department of Health Care Services payments for Non-Institutional Providers
$445 million
Department of Health Care Services payments for Medi-Cal County Administration and Fiscal Intermediary (for the processing of all claims and payments for Medi-Cal services, and supporting the cost of county workers who determine Medi-Cal eligibility)
$31 million
Department of Child Support Services payments for local child support agency administrative and operating expenses
$ 4 million
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IOUs:
Student Aid Commission (includes funding for Cal Grants)
$159 million
Social Services
Estimated Payments to Be Made with IOUs
Category
Payments to Be Made
Department of Social Services SSI/SSP grant assistance to aged, blind or disabled persons*
$591 million
Department of Social Services
CalWorks (temporary assistance for basic family needs, Including specific welfare-to-work requirements)
$495 million
Department of Social Services
County Administration (payments for operating costs and salaries of county staff who administer public assistance programs)
$64 million
*The federal Social Security Administration has notified California that it will continue
to pay in full both the federal Supplemental Security Income (SSI) and the
State Supplementary Payment (SSP) to aged, blind or disabled recipients
in July and August.
Other Local Assistance
Estimated Payments to be Made with IOUs
Category
Payments to Be Made
Department of Developmental Services Payments (funding for regional centers providing services to persons with developmental disablities)
$363 million
Department of Mental Health Payments (assists counties in providing an array of mental health treatment and rehabilitative services)
$90 million
Department of Alcohol and Drug Abuse Payments (assists counties in providing prevention, treatment, and recovery services)
$127 million
Judicial Branch (support for the operation of the trial courts)**
$41 million
Miscellaneous Local Assistance
$229 million
**The State intends to withhold this payment transfer in lieu
of issuing IOUs.
State Operations (Including Small Business Vendors)
Estimated Payments to be Made with IOUs
Category
Payments to Be Made
State Operations (primarily vendor payments)
$424 million
Small Business Vendors
$141 million
Capital Outlay
$364 million
Non-Governmental Costs (counties for social welfare)
$71 million
Revenue Refunds
Estimated Payments to be Made with IOUs
Category
Payments to Be Made
Personal Income Tax Refunds
$140 million
Corporate Tax Refunds
$58 million
Cash:
School Apportionment -
Revenue Limit
$5.82 billion
K-12 Categoricals
$395 million
Schools (other education), including
CalWorks Stage 2 and 3
$35 million
University of California
$346 million
State Universities and Colleges
$324 million
California Community Colleges
$550 million
Debt Service on General Obligation Bonds
$16 million
General Fund Interest Paid
$25 million
Public Employees' Retirement System
$416 million
State Teachers' Retirement System
$198 million
Court Required
Estimated Regular Payments to Be Made (Not IOUs)
Category
Payments to Be Made
Master Payroll Transfer - Employees Covered By Federal Labor Standards Act
$960 million
Master Payroll Transfer (Legislators, Legislative employees, appointees and other exempt employees)
$15 million
Judicial Branch (payroll,Trial Court Judges)
$125 million
Department of Social Services In Home Support Services (provides services to aged, blind or disabled persons to remain in their homes)
$125 million
Department of Corrections (Receivership)
$ 171 million
Federally Required
Estimated Regular Payments to Be Made (Not IOUs)
Category
Payments to Be Made
Managed Risk Medical Insurance Board's Healthy Families Program (subsidized children's health insurance program for low- to moderate-income families)
$33 million
Department of Health Care Services payments for Institutional Providers
$865 million
Department of Health Care Services payments for Non-Institutional Providers
$445 million
Department of Health Care Services payments for Medi-Cal County Administration and Fiscal Intermediary (for the processing of all claims and payments for Medi-Cal services, and supporting the cost of county workers who determine Medi-Cal eligibility)
$31 million
Department of Child Support Services payments for local child support agency administrative and operating expenses
$ 4 million