Retirement benefits for state and local governmental employees in California (Amendment No. 1). [Ballot]

Nov 24, 2015 - Revenues from investment returns vary significantly year to year depending on market performance; however, pension boards adopt actuarial assumptio ns that assume average investment returns over an extended time horizon.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-076

Teacher employment laws. (Amendment No. 1) [Ballot]

Nov 24, 2015 - This measure ends collective bargaining for the following areas affecting certificated staff —layoffs and reemployment, transfers, reassignments, instructional hours during a normal school day, and the start date of instruction for the school year.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-078

Teacher tenure (Amendment No. 1). [Ballot]

Nov 24, 2015 - This measure would require school districts to conduct two additional evaluations within a teachers ’ first five years of employment. Whereas teachers currently are evaluated in years one, two, and four of their employment, this measure would require them to be evaluated in each of their first five years.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-079

Limitations of the activities of holocaust denial organizations. [Ballot]

Nov 20, 2015 - The annual legal cost statewide is u nlikely to be significant, but the cost could be significant for a particular educational institution in a particular year. (Statewide, trial courts also would incur costs to hear these cases.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-073

California's Fiscal Outlook [Publication Details]

Nov 19, 2015 - Presented to: California Association of School Business Officials
https://lao.ca.gov/Publications/Detail/3309

The 2016-17 Budget: California's Fiscal Outlook

Nov 18, 2015 - This is consistent with state practice over the past three years. (For 2015 –16 , we assume both segments meet their enrollment growth expectations and UC receives the corresponding $25 million set forth in the budget act.)
https://lao.ca.gov/Publications/Report/3305

Fiscal Outlook Addendum: CalPERS

Nov 18, 2015 - Specifically, after years when the CalPERS portfolio generates returns that are 4 or more percentage points above the system's discount rate assumption, the plan would gradually ratchet down the discount rate and the risk profile of the CalPERS portfolio.
https://lao.ca.gov/Publications/Report/3308

The 2016-17 Budget: California's Fiscal Outlook [Publication Details]

Nov 18, 2015 - Under the main economic scenario in this year's LAO Fiscal Outlook, 2016-17 would end with reserves of $11.5 billion, assuming the state makes no new budget commitments through next year. If the economy continues to grow through 2019-20, annual operating surpluses and larger reserves could materialize, and there may be capacity for some new budget commitments—whether spending increases or tax reductions.
https://lao.ca.gov/Publications/Detail/3305

Medical marijuana. [Ballot]

Nov 10, 2015 - The measure requires the California Department of Education to implement a drug-free schools program to educate all K-12 students in public and private schools, as well as their teachers and parents, regarding marijuana use.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-069

Personal income taxes and funding for education and health programs (Amendment No. 1). [Ballot]

Nov 10, 2015 - The General Fund is budgeted to spend about $115  billion during the current 2015-16 fiscal year. State General Fund Spending. The largest category of state General Fund spending is for school districts and community colleges.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-070