CalSTRS Funding: An Update [Publication Details]

May 5, 2017 - The CalSTRS board recently acted to change assumptions used to estimate its unfunded liabilities, including the key assumption about future investment returns--sometimes referred to as the "discount rate." These and other recent developments have eroded CalSTRS' funding situation.
https://lao.ca.gov/Publications/Detail/3662

State Economic Outlook [Publication Details]

Apr 3, 2014 - State Economic Outlook [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Detail/2992

The 2011-12 Budget: To Defer or Not Defer? An Analysis of the Effects of K-12 Payment Deferrals [Publication Details]

Jan 24, 2011 - Relying on deferrals has allowed the state to achieve significant one-time savings while simultaneously allowing school districts to continue operating a larger program by borrowing or using cash reserves.
https://lao.ca.gov/Publications/Detail/2396

A Review of the Teacher Layoff Process in California [Publication Details]

Mar 22, 2012 - For our analysis, we distributed a survey to all public school districts in the state asking them about their implementation of the teacher layoff process, used information provided by two state agencies--the California Department of Education (CDE) and the Office of Administrative Hearings (OAH)--and included information from the California Teachers Association (CTA).
https://lao.ca.gov/Publications/Detail/2602

Analysis of School District Reserves [Publication Details]

Jan 21, 2015 - Last year the state adopted legislation to (1) cap school district reserves following deposits in the state school reserve recently established by Proposition 2 and (2) require districts to disclose additional information about their reserves each year.
https://lao.ca.gov/Publications/Detail/3163

State Budget Update [Publication Details]

Feb 21, 2014 - State Budget Update [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Detail/2954

Proposition 98 Pupil Discipline Mandates [Publication Details]

Mar 12, 2004 - Presented to the Assembly Committee on State Mandates on March 8, 2004.
https://lao.ca.gov/Publications/Detail/1151

The 2012-13 Budget: Proposition 98 Maintenance Factor: An Analysis of the Governor's Treatment [Publication Details]

May 31, 2012 - These two assumptions produce unreasonable outcomes for schools and the rest of the state budget in the near term and long term. In particular, the Governor’s approach would ratchet down the Proposition 98 base in some years (including 2011-12), ratchet up the base in other years (including 2012-13), and, in some cases (including 2012-13 and 2014-15), lead to schools receiving almost exclusive benefit from any growth in state revenues.
https://lao.ca.gov/Publications/Detail/2644

State Budget Update [Publication Details]

Oct 15, 2013 - State Budget Update [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Detail/2813

Education Mandates: Overhauling a Broken System [Publication Details]

Feb 2, 2010 - Since the state does not pay for K-14 mandates on a regular basis, the result is billions in outstanding costs the state must eventually pay. In this report, we recommend comprehensively reforming K–14 mandates.
https://lao.ca.gov/Publications/Detail/2193