| | LAO 2004 Budget Analysis: California Public Utilities Commission (Site not responding. Last check: 2007-10-16) |
 | | The California Public Utilities Commission (CPUC) is responsible for the regulation of privately owned "public utilities," such as gas, electric, telephone, and railroad corporations, as well as certain passenger and household goods carriers. |
 | | Since the CPUC has had difficulty projecting its budgetary requirements for this program, we think it would be appropriate to make a determination on budget-year funding requirements at the May Revision after the commission has received a greater number of its current-year claims. |
 | | To address this problem, the commission has implemented a new carrier claim forecasting procedure that requires the carriers to submit annual claims forecasts that are based on the preceding year's claims, rather than rough estimates of program participation by CPUC staff. |
| www.lao.ca.gov /analysis_2004/resources/res_14_8660_anl04.htm (2726 words) |