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

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - Moreover, compared to other states, California is an outlier by not requiring states of emergency to expire unless renewed. Specifically, 36 states limit the amount of time states of emergency can be open before the Governor or Legislature must act to renew them —ranging from 15 days to six months.
https://lao.ca.gov/Publications/Report/5029

The 2025-26 Budget: SB 678 County Probation Grant Program

Apr 11, 2025 - The proposed formula uses the state ’s average cost to house a person in state prison to estimate the amount the state saves when such people are diverted. We find that using the marginal cost is a more reasonable approach.
https://lao.ca.gov/Publications/Report/5031

^[PDF] The 2020-21 Budget: The Fiscal Outlook for Schools and Community Colleges

District Cost Pressures School and Community College Pension Costs Set to Increase. Over the past several years, district officials and Legislators have focused on rising pension costs. Required district contributions to the California State Teachers’ Retirement System (CalSTRS) and the California Public Employees’ Retirement System (CalPERS) have grown from $3.5 billion in 2013-14 to $8.7 billion in 2019-20.
https://lao.ca.gov/reports/2019/4113/outlook-schools-CC-112019.pdf

The 2019-20 Budget: Proposition 98 Outlook

Nov 14, 2018 - Pension Rates and Costs Have Been Growing. School and community college employees generally participate in one of two state pension systems. The California State Teachers ’ Retirement System administers pension benefits for teachers, administrators, and other certificated employees, whereas the California Public
https://lao.ca.gov/Publications/Report/3897

LAO Publications

Format: Public Employee Pensions: An Interview With LAO's Jason Sisney August 8, 2011 - LAO State Finance Director Jason Sisney appears on the news interview program The Maddy Report, where he is questioned about public employee pensions.
https://lao.ca.gov/Publications?page=4&year=0&publicationType=0&type=Other

^[PDF] The 2017-18 Budget: Alternatives to the Governor’s Proposition 2 Proposals

Pension Liabilities for School and Community College Employees Includes “Classified” Employees. Payments toward unfunded liabilities of “state-level pension plans” are eligible to count under Proposition 2 debt payment requirements.
https://lao.ca.gov/reports/2017/3574/Prop2-Alternatives-022317.pdf

Evaluating Tax Policy Changes in the Governor's Budget [EconTax Blog]

Feb 22, 2024 - Given the state ’s budget condition, the proposal warrants serious consideration. Collectively, the tax policy changes proposed by the Governor would help address the state ’s budget problem by raising about $400 million in new revenue.
https://lao.ca.gov/LAOEconTax/article/Detail/797

Evaluating Tax Policy Changes in the Governor's Budget [EconTax Blog]

Feb 22, 2024 - Given the state ’s budget condition, the proposal warrants serious consideration. Collectively, the tax policy changes proposed by the Governor would help address the state ’s budget problem by raising about $400 million in new revenue.
https://lao.ca.gov/LAOEconTax/Article/Detail/797

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - These options, however, tend to be disruptive for school operations, particularly when the state announces them on short notice. In addition, the state ’s options for reductions in 2022 ‑23 are relatively limited because the state has allocated most of the funding attributable to the prior year already.
https://lao.ca.gov/Publications/Report/4819