State Budget Update (CASBO Presentation) [Publication Details]

Apr 14, 2016 - State Budget Update (CASBO Presentation) [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3441

The 2016-17 Budget: Local Government Mandates--Reasonable Reimbursement Methodology

Mar 17, 2016 - State law requires the Commission on State Mandates (CSM) to determine whether new state laws, executive orders, or regulations affecting local governments create state-reimbursable mandates. Generally, local governments may submit claims for state mandate payment based on one of two methods: (1) claiming of actual costs or (2) a reasonable reimbursement methodology (RRM).
https://lao.ca.gov/Publications/Report/3395

The 2016-17 Budget: Local Government Mandates--Reasonable Reimbursement Methodology [Publication Details]

Mar 17, 2016 - Through a complex, often convoluted, process that has engendered much discussion and disagreement over the years, the state must reimburse local governments for their activities to implement certain state mandates.
https://lao.ca.gov/Publications/Detail/3395

Overview of Local Control Funding Formula and New State Accountability System [Publication Details]

Mar 8, 2016 - Overview of Local Control Funding Formula and New State Accountability System [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3384

School Accountability: Changes to State and Federal Systems [Publication Details]

Feb 24, 2016 - School Accountability: Changes to State and Federal Systems [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3368

The 2016-17 Budget: Proposition 98 Education Analysis

Feb 18, 2016 - Both California and school districts have a history of recruiting teachers from within the state as well as out of state. For example, the state ran the CalTEACH program from 1997 to 2004. This program funded several regional recruitment centers to attract both in –state and out –of –state candidates.
https://lao.ca.gov/Publications/Report/3355

A Review of the CalSTRS Funding Plan: CalSTRS Funding Plan Relies on Abstract Calculation

Feb 2, 2016 - The calculation estimates what CalSTRS ’ funding situation would be today had the state made different decisions about teacher pensions in the past. Specifically, the calculation estimates what CalSTRS ’ unfunded liabilities would be if (1) the state never granted teachers more generous pensions in the late 1990s and (2)
https://lao.ca.gov/Publications/Report/3333

A Review of the CalSTRS Funding Plan: Funding Plan May Not Meet Principle of “Shared Responsibility”

Feb 2, 2016 - Whether State Shares in Responsibility Depends On Future Investment Experience. As we described in our second post , the funding plan—as implemented—makes the state responsible for an estimate of what CalSTRS’ unfunded liabilities would be today if the state had made different decisions about teacher pensions in the past.
https://lao.ca.gov/Publications/Report/3337

A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - Funding Plan a Major State Accomplishment. Prior to state action, CalSTRS faced a huge unfunded liability with no plan in place for funding teacher pensions. CalSTRS was expected to exhaust its assets in the mid-2040s, an alarming prospect for a pension system.
https://lao.ca.gov/Publications/Report/3332

A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - In these scenarios, state contributions reach about 18 percent of payroll by the mid-2040s. In the context of current statewide teacher payroll, the difference between these two extremes is roughly $5 billion —more than three times the state ’s current contribution to CalSTRS ’ main pension program.
https://lao.ca.gov/Publications/Report/3336