The 2025-26 Budget: California's Fiscal Outlook [Publication Details]

Nov 20, 2024 - Every year, our office publishes the Fiscal Outlook in anticipation of the upcoming budget season. This report gives the Legislature our independent estimates and analysis of the state’s budget condition with the goal of helping lawmakers prepare for the 2025-26 budget process. See our other Fiscal Outlook publications here.
https://lao.ca.gov/Publications/Detail/4939

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - We evaluate the budget condition based on current law and policy at both the state and federal level. This means we are assessing the state ’s spending and revenues assuming no new laws or policies are enacted.
https://lao.ca.gov/Publications/Report/4939

LAO 2009-10 Budget Analysis Series: General Government: State Retirement Costs May Skyrocket in Future Years

Figure 6 shows the budgeted General Fund contributions to various employee retirement programs —including California State Teachers ’ Retirement System (CalSTRS) pension benefits, CalPERS pension programs for state employees and judges, state retiree health and dental benefits, and other programs.
https://lao.ca.gov/analysis_2009/general_govt/gen_anl09004003.aspx

^[PDF] K-14 Pension Rate Relief Proposals

CalSTRS = California State Teachers’ Retirement System (covers certificated employees) and CalPERS = California Public Employees’ Retirement System (covers classified employees). PAGE 4 Key Trade-Offs „ Rate Relief Proposals Help Districts Now but Not Over the Long Run — The pension rate relief proposals would reduce pressure on district budgets for the next two
https://lao.ca.gov/handouts/Conf_Comm/2019/K-14-Pension-Proposals-053019.pdf

Districts' Pension Contribution Rates and Amounts [EdBudget]

Aug 18, 2022 - Districts' Pension Contribution Rates and Amounts [EdBudget] $11,659 $12,151 a Projections are based on CalSTRS' and CalPERS' most recent actuarial valuations. Rates for 2022-23 are finalized, but contribution amounts for 2022-23 are estimates.
https://lao.ca.gov/Education/EdBudget/Details/651

K-12 Funding by Source [EdBudget]

Aug 17, 2022 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b Excludes funding for child care
https://lao.ca.gov/Education/EdBudget/Details/661

Trends in CalWORKs: Participant Characteristics

Jun 16, 2025 - States’ TANF grant amounts (which generally do not change from year to year) are largely based on how much federal AFDC funding each state received before TANF replaced the AFDC program in 1996 (AFDC funding was formula‑based and largely driven by caseload and state economic conditions).
https://lao.ca.gov/Publications/Report/5057

^[PDF] Overview of Local Control Funding Formula and K-12 Pension Costs

In particular, we anticipate some prior- and current-year funds allocated to State Preschool and other programs will not be spent and could be repurposed. Proposed LCFF Deferral 4L E G I S L A T I V E A N A L Y S T ’ S O F F I C E March 7, 2017  State Approved Plan in 2014-15 to Address Unfunded Liability in Teacher Pension System  Intended to eliminate the unfunded liability within about 30 years.
https://lao.ca.gov/handouts/education/2017/Overview-LCFF-and-K-12-Pension-Costs-030717.pdf

Pension board faces difficult decision concerning its actuarial policies.

Apr 15, 2013 - The Governor 's January budget proposal, for example, assumes that the state employer contribution rates for State Miscellaneous Tier 1 and Correctional Officer/Firefighter plans (the state 's two largest pension plans) will equal 21.2 percent and 30.7 percent of payroll, respectively, in 2013-14.
https://lao.ca.gov/Recommendations/Details/747

The 2025-26 Budget: Business, Consumer Services and Housing Agency Reorganization [Publication Details]

Feb 25, 2025 - In this post, we provide background on state agencies in California government in general; the Business, Consumer Services, and Housing (BCSH) Agency, in particular; and the process for reorganizing state government. Next, we describe our understanding, based on discussions with the administration and available information at this time, of the Governor’s intent to reorganize BCSH.
https://lao.ca.gov/Publications/Detail/4987