A Review of the CalSTRS Funding Plan: Recent Policy Change Increases District Rates

Feb 2, 2016 - Having identified this problem, CalSTRS amended its policy in November 2015 to require increases in the district contribution when state contributions are insufficient to pay for the state share of unfunded liabilities.
https://lao.ca.gov/Publications/Report/3338

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

Feb 2, 2016 - When the Legislature passed the CalSTRS funding plan, administration documents characterized the cost sharing as follows: districts would pay $47 billion, the state would pay $20 billion, and teachers would pay $8 billion.
https://lao.ca.gov/Publications/Report/3335

A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - The policy employs an abstract calculation that estimates what CalSTRS ’ unfunded liabilities would be today had the state ’s elected leaders made different decisions about teacher pensions in the past.
https://lao.ca.gov/Publications/Report/3339

A Review of the CalSTRS Funding Plan: Background [Publication Details]

Feb 2, 2016 - This post is the first of a series looking at the implementation of the CalSTRS funding plan. In this post, we provide key background information on pensions and CalSTRS.
https://lao.ca.gov/Publications/Detail/3332

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

Feb 2, 2016 - This post is the third in a series looking at the implementation of the CalSTRS funding plan. In this post, we describe how the abstract calculation upon which the funding plan is based has increased the district share of CalSTRS’ unfunded liabilities while decreasing the state share.
https://lao.ca.gov/Publications/Detail/3334

Evaluation of the School District of Choice Program

Jan 27, 2016 - The state allows these districts to keep this additional revenue and treat it like other general purpose funding. These districts are known as basic aid districts (a term derived from a requirement in the State Constitution that all school districts receive a minimum level of state funding equal to $120 per student).
https://lao.ca.gov/Publications/Report/3331

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

Jan 25, 2016 - Since the state first allowed charter schools in 1992, the number of students attending charter schools has grown steadily. The state currently has 1,230  charter schools serving about 580,000 students (9  percent of all students in the state).
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 - Background California ’s State Budget. California state taxes —primarily income taxes —are spent mainly from the state government ’s General Fund, the state ’s main operating account. The General Fund will spend about $115  billion during the current 2015-16 state fiscal year.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-115

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

Jan 21, 2016 - Therefore, using state funds to encourage a different mix of GHG emission reductions would likely be more costly. For example, the overall emission reduction costs in Figure  6 are $10 without the state subsidy.
https://lao.ca.gov/Publications/Report/3328

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

Jan 19, 2016 - State Accessibility Laws. A violation of the federal ADA also constitutes a violation of state law. State law provides additional protections and remedies to those with disabilities. For example, state law allows private parties to receive compensation for violations of construction-related accessibility standards, including penalties for damages incurred by an injured party —subject to statutory minimums —and attorney fees.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-113