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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
April 4, 2017 - Presented to: Assembly Budget Subcommittee No. 2 on Education Finance
April 4, 2017 - Presented to Assembly Budget Subcommittee No. 2 on Education Finance
April 4, 2017 - Presented to Assembly Budget Subcommittee No. 2 on Education Finance
March 30, 2017 - On March 28, 2017, the federal Bureau of Economic Analysis released updated data on personal income. In this post, we describe the new data and the implications for school funding.
March 30, 2017 - In early March of 2017, the California Department of Education certified initial average daily attendance data for 2016-17. In this post, we describe how the state tracks attendance and discuss the implications for Proposition 98 and school funding.
March 30, 2017 - Presented to Senate Budget Subcommittee No. 1 on Education Finance