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

Feb 2, 2016 - Figure 1 Projected State Costs Now Much Lower Than in 2014 a (In Millions) $1,086 a Assumes state payroll growth of 3.75 percent each year. b Assumes CalSTRS investment returns equal 7.5 percent each year beginning in 2015-16.
https://lao.ca.gov/Publications/Report/3337

A Review of the CalSTRS Funding Plan: Theoretical Investment Gains Have Shifted Unfunded Liabilities to Districts

Feb 2, 2016 - We note that the calculation will become even more complex next year, as CalSTRS will begin to calculate the size of a second theoretical investment portfolio that will be factore d into the district share of the unfunded liability.
https://lao.ca.gov/Publications/Report/3334

A Review of the CalSTRS Funding Plan: Treatment of Teacher Contributions Also Increase District Unfunded Liabilities [Publication Details]

Feb 2, 2016 - This post is the fourth in a series looking at the implementation of the CalSTRS funding plan. Our third post explained how theoretical asset gains have increased the school and community college district share of CalSTRS’ unfunded liabilities. In this post, we continue this discussion by describing how CalSTRS’ treatment of teacher contributions has also increased the district share.
https://lao.ca.gov/Publications/Detail/3335

Evaluation of the School District of Choice Program

Jan 27, 2016 - With the latest extension to July 1, 2017, the 2016 –17 school year will be the last year for the District of Choice program unless the Legislature reauthorizes it. Program Basics A School District May Decide to Become a District of Choice.
https://lao.ca.gov/Publications/Report/3331

Evaluation of the School District of Choice Program [Publication Details]

Jan 27, 2016 - Evaluation of the School District of Choice Program [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/3331

The Repeal of the Charter Schools Act (Amendment #1). [Ballot]

Jan 25, 2016 - This measure repeals the law allowing charter schools to operate. The repeal would occur on July 1 following the year voters approve the measure. On this date, all charter schools in California would have to close.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-114

Extend temporary personal income tax rate increases on high-income taxpayers (Amendment #1). [Ballot]

Jan 25, 2016 - In the current fiscal year, the Proposition  30 income tax increases are expected to raise between $6 billion and $8 billion of revenue. Proposition  98. The largest category of state General Fund spending is for school districts and community colleges.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-115

Cap-and-Trade Revenues: Strategies to Promote Legislative Priorities

Jan 21, 2016 - State law currently requires the administration to provide such an analysis as part of its Three –Year Investment Plan. However, in our view, the administration ’s analysis to date has been lacking. The administration ’s draft investment plan released in December 2015 provides limited data or analysis that can be used to identify gaps in existing programs and regulations, the
https://lao.ca.gov/Publications/Report/3328

Pre-litigation procedures for construction-related accessibility claims. [Ballot]

Jan 19, 2016 - Under the federal Americans with Disabilities Act (ADA), any person or business that owns, leases, or operates a place that is generally open to the public (such as a restaurant, office building, school, recreation facility, or doctor ’s office) must provide full and equal access to those with disabilities.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-113

Post Election Manual Tally Mandate

Jan 13, 2016 - The commission determined that because federal law requires counties to use voting systems in federal elections, all counties would be subject to the manual tally regulations for close contests in 2008 (a presidential election year).
https://lao.ca.gov/Publications/Report/3327