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August 29, 2017 - Presented to: Select Committee on Youth and California’s Future and Assembly Committee on Banking and Finance
June 2, 2017 - Presented to Budget Conference Committee
June 2, 2017 - Presented to Budget Conference Committee
June 2, 2017 - Presented to Budget Conference Committee
June 2, 2017 - Presented to Budget Conference Committee
May 15, 2017 - In this brief, we analyze the Governor’s May Revision education proposals. First, we review changes in the overall Proposition 98 funding level. Subsequently, we describe and assess the Governor’s major proposals for K‑12 education, child care and preschool, the California Community Colleges, the California State University, the University of California, and student financial aid.
5/16/17: Correction to LAO CalWORKs Stage 2 cost estimates.
May 13, 2017 - On May 11, 2017 the Governor presented his 2017-18 May Revision budget proposal to the Legislature. We are releasing our assessment of the May Revision in various online products. This post describes the major features of the Governor’s May Revision and our office’s initial comments on it. Other posts in this series discuss our office’s independent assessments of the state’s economy, revenues, and spending proposals in the May Revision.
May 5, 2017 - The CalSTRS board recently acted to change assumptions used to estimate its unfunded liabilities, including the key assumption about future investment returns--sometimes referred to as the "discount rate." These and other recent developments have eroded CalSTRS' funding situation. This brief details these changes and describes how they will affect the state, school and community college districts, and teachers
May 2, 2017 - Presented to Assembly Budget Subcommittee No. 2 on Education Finance
April 28, 2017 - On April 28, 2017, the federal Bureau of Economic Analysis released updated information that affects the cost-of-living adjustment for certain school and community college programs. In this post, we describe the new information and its implications for school funding.
April 20, 2017 - Presented to Senate Budget and Fiscal Review Subcommittee No. 1 on Education
April 18, 2017 - Presented to: Assembly Budget Subcommittee No. 2 on Education Finance
April 6, 2017 - Presented to Senate Budget and Fiscal Review—Subcommittee No. 1 on Education and Senate Budget and Fiscal Review—Subcommittee No. 3 on Health and Human Services
April 6, 2017 - Presented to Senate Budget and Fiscal Review—Subcommittee No. 1 on Education and Senate Budget and Fiscal Review—Subcommittee No. 3 on Health and Human Services
April 6, 2017 - Presented to Senate Budget and Fiscal Review—Subcommittee No. 1 on Education and Senate Budget and Fiscal Review—Subcommittee No. 3 on Health and Human Services