Report 2018-030 Recommendation 9 Responses
Report 2018-030: State Bar of California: It Should Balance Fee Increases With Other Actions to Raise Revenue and Decrease Costs (Release Date: April 2019)
Recommendation #9 To: Bar of California, State
To enable it to effectively determine its budget, State Bar should continue to annually prepare five-year projections.
Annual Follow-Up Agency Response From April 2021
The State Bar has completed the 2022-2026 Five-Year Financial Projection, which was presented and accepted by the Board of Trustees in the full board meeting on March 19, 2021.
A copy of the five-year projection, which was provided on the Board's March 18, 2021 consent agenda as item 54-142, has been provided to the Auditor.
- Completion Date: March 2021
California State Auditor's Assessment of Annual Follow-Up Status: Fully Implemented
Annual Follow-Up Agency Response From October 2020
Due to a delay in implementation of a new Oracle financial system, the State Bar was unable to implement the forecasting tool in development of the 2020 budget. Staff is currently working to update the projections using Oracle Planning & Budgeting Cloud Services, which will be part of the 2021 Budget Development Process.
- Estimated Completion Date: 1st Quarter 2021
California State Auditor's Assessment of Annual Follow-Up Status: Pending
1-Year Agency Response
Due to a delay in implementation of a new Oracle financial system, the State Bar was unable to implement the forecasting tool in development of the 2020 budget. Staff is currently working to update the projections using Oracle Planning & Budgeting Cloud Services, which will be part of the 2021 Budget Development Process.
- Estimated Completion Date: March 2021
- Response Date: April 2020
California State Auditor's Assessment of 1-Year Status: Pending
State Bar has expressed its commitment to preparing a five year forecast as part of its annual budgeting and financial planning process despite delays in implementing a forecasting tool. We will anticipate receiving a forecast as part of its 2021 budget next year.
6-Month Agency Response
The 2020 Budget will include an updated 5 year forecast that will include projections based on the approved fee bill with updated information for the 5 year capital and technology projects based on funding.
- Estimated Completion Date: Annually
- Response Date: October 2019
California State Auditor's Assessment of 6-Month Status: Pending
60-Day Agency Response
The State Bar is committed to continuing the preparation of a five year forecast as part of the annual budgeting and financial planning process. With a multi-year fee bill process, the financial forecast will be critical in assisting the State Bar in identifying future funding needs.
- Estimated Completion Date: Annually
- Response Date: June 2019
California State Auditor's Assessment of 60-Day Status: Pending
State Bar has expressed its commitment to preparing a five year forecast as part of its annual budgeting and financial planning process. We anticipate receiving its next forecast as part of its 2020 budget cycle later this year.
All Recommendations in 2018-030
Agency responses received are posted verbatim.