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

Overview of Current-Year Proposition 98 Reductions [Publication Details]

Jan 15, 2003 - Overview of Current-Year Proposition 98 Reductions [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/920

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

Fiscal Effect of Senate Constitutional Amendment No. 4 [Publication Details]

Dec 2, 1983 - An overview of California's current system of school finance, description of the alternative system proposed by SCA 4 and summary of the measure's fiscal effect.
https://lao.ca.gov/Publications/Detail/3425

The 2018-19 Budget: Update on Backlog of Teacher Misconduct Cases [Publication Details]

Apr 30, 2018 - In this post, we provide an overview of how the state reviews teacher misconduct cases, track the backlog of cases, describe the actions the state has taken to reduce the backlog, and assess progress made to date. We encourage the Legislature to continue monitoring progress toward reducing the backlog closely over the coming year.
https://lao.ca.gov/Publications/Detail/3817

Cost Shift to Teacher Retirement Costs Raises Short-Term and Long-Term Issues [Publication Details]

Feb 24, 2005 - The Governor proposes shifting $469 million in General Fund teacher retirement costs to school districts and/or schools. Due to current law requirements, it is likely that the proposal would require a $469 million upward “rebenching” of Proposition 98’s minimum guarantee—nullifying the proposed General Fund savings.
https://lao.ca.gov/Publications/Detail/1270

The Distribution of K-12 Education General Purpose Funds [Publication Details]

Dec 22, 2003 - The K-12 revenue limit formula distributed more than $28 billion in resources to school districts in 2002-03. We document the components of the revenue limit formula and how they affect the distribution of general purpose funds to school districts.
https://lao.ca.gov/Publications/Detail/1066

The 2018-19 Budget: A Guide to Understanding Potential Changes in the Proposition 98 Guarantee [Publication Details]

May 7, 2018 - This post provides an update on the key factors affecting estimates of the Proposition 98 minimum guarantee for 2017-18 and 2018-19 and describes how the guarantee could change relative to estimates in the Governor’s January budget. The post is intended as a planning guide to help the Legislature understand the relationship between changing inputs and the minimum guarantee over the coming year.
https://lao.ca.gov/Publications/Detail/3823

Proposition 98 Mandates [Publication Details]

Feb 19, 2003 - We recommend that the Legislature increase funding for Proposition 98 mandates by $100 million and include $199 million for school district mandates in our proposed Core Services Block Grant.
https://lao.ca.gov/Publications/Detail/971

K-12 Categorical Reform Headed in Right Direction [Publication Details]

Feb 18, 2004 - The Governor proposes to consolidate $2 billion in funding for 22 existing categorical programs into revenue limits to provide schools and districts with greater funding flexibility. We recommend the Legislature transfer 17 programs into revenue limits, including 14 proposed by the Governor, plus two class size reduction programs and deferred maintenance.
https://lao.ca.gov/Publications/Detail/1128