Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 14, 2018 - It is important to note that the small net growth in state IHSS expenditures in 2019 ‑20 masks a number of cost increases and expected savings. Specifically, in 2019 ‑20, most of the estimated growth in state IHSS costs is expected to be offset by General Fund savings resulting from the statutorily scheduled 7  percent reduction of IHSS service hours triggered by the expiration of the current managed care organization (MCO) tax at the end of 2018 ‑19.
https://lao.ca.gov/Publications/Report/3899

The 2019-20 Budget: California's Fiscal Outlook

Nov 14, 2018 - Over the period, the state ’s retirement programs —including pension benefits for retired state employees (CalPERS); pension benefits for teachers (CalSTRS); and other post ‑employment benefits, namely health benefits for retirees —account for 13  p ercent of the total increase in underlying spending.
https://lao.ca.gov/Publications/Report/3896

Fiscal Outlook: Medi-Cal

Nov 14, 2018 - Fiscal Outlook: Medi-Cal California’s Fiscal Outlook Fiscal Outlook: Medi-Cal Medi-Cal, the state ’s Medicaid program, provides health care coverage to over 13  million of the state ’s low-income residents.
https://lao.ca.gov/Publications/Report/3898

Evolution of the Balance of the Budget Stabilization Account

Nov 14, 2018 - Under these reevaluations, the state revises the BSA deposit up (down) if excess capital gains taxes are higher (lower) than the state ’s prior estimates. Infrastructure Spending Required When the BSA Reaches Specific Threshold.
https://lao.ca.gov/Publications/Report/3900

The 2019-20 Budget: Proposition 98 Outlook

Nov 14, 2018 - Pension Rates and Costs Have Been Growing. School and community college employees generally participate in one of two state pension systems. The California State Teachers ’ Retirement System administers pension benefits for teachers, administrators, and other certificated employees, whereas the California Public
https://lao.ca.gov/Publications/Report/3897

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Figure 25 a Includes state General Fund, state special funds, state bond funds, federal funds, and reimbursements. b Includes California State Transportation Agency, California Transportation Commission, and Board of Pilot Commissioners.
https://lao.ca.gov/Publications/Report/3870/10

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The state ’s costs to pay for pension and retiree health benefits continue to grow. The budget assumes that the state ’s costs to pay for active and retired state employees ’ pension benefits will increase by $340. 5  m illion ($ 189  m illion General Fund) in 2018 ‑ 19 t o a total contribution of $6. 2  b illion ($3. 6  b illion from the General Fund).
https://lao.ca.gov/Publications/Report/3870/12

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - In particular, the Governor proposed an optional deposit into the state ’s rainy day fund to fill it to its constitutional maximum level. After fulfilling constitutional obligations for spending on schools and debt, the Governor also allocated about $ 1  b illion in discretionary resources to other spending proposals, mostly one time in nature.
https://lao.ca.gov/Publications/Report/3870/2

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Figure 8 California State University Core Funding by Source ( Dollars in Millions) 5.4% a Includes funding for pensions and retiree health benefits. b In addition, the budget appropriates $7  million one ‑time General Fund to the Department of Social Services for provision of legal services to undocumented students and immigrants at CSU campuses. c Includes funds that CSU uses to provide tuition discounts and waivers to certain students.
https://lao.ca.gov/Publications/Report/3870/5

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The ultimate cost to the state is likely t o be less than the $ 109  m illion that the Legislature approved, however, as the state is in active negotiations for a prior lessee to pay some of the costs.
https://lao.ca.gov/Publications/Report/3870/9