Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Strengthening the CalSTRS Funding Plan — 36 a Reflects how often a loss of similar magnitude or greater has occurred in any one year over the past 25 years. b Under scenario 3, the state ’s rate would increase by the maximum allowed each year through 2041 ‑42, then continue increasing by less than the maximum each year through 2045 ‑46.
https://lao.ca.gov/Publications/Report/4400

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety)

Jun 24, 2016 - After 15 years of service, these workers would receive 50  percent of the revised maximum state contribution in retirement, with this amount growing each year until it reaches 100  percent of the revised maximum contribution if they retire after 25 or more years.
https://lao.ca.gov/Publications/Report/3486

Collective Bargaining: Assessing Proposed Employee Compensation Increases

Mar 20, 2020 - Our office has ten calendar days after receiving the MOU to issue a fiscal analysis to the Legislature. Pursuant to Section 19829.5 of the Government Code, the MOU shall not be subject to legislative determination until either our office has released its analysis or ten calendar days have elapsed.
https://lao.ca.gov/Publications/Report/4206

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - School Behavioral Health Counselors and Coaches 338.0 (across five years) As part of broader Children and Youth Behavioral Health Initiative, provide grants to a variety of entities to increase number of behavioral health counselors, coaches, and peer support specialists in schools.
https://lao.ca.gov/Publications/Report/4572

MOU Fiscal Analysis: Bargaining Units 1, 3, 4, 11, 14, 15, 17, 20, and 21 (SEIU Local 1000)

Sep 6, 2019 - The administration estimates this will increase state costs in 2019 ‑20 by $800,000 ($90,000 from the General Fund) and annual state costs by about $1  million in subsequent years. Nurses at State Special Schools (SSS).
https://lao.ca.gov/Publications/Report/4094

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Most notably, the Governor provides a combined $ 900  m illion for six programs aimed at improving school employee training, recruitment, and retention. The budget also provides $ 600  m illion for two new grant programs: (1) $ 300  m illion for grants to help low ‑performing schools and districts improve their performance and (2) $ 300  m illion for
https://lao.ca.gov/Publications/Report/4135

MOU Fiscal Analysis: Bargaining Unit 6

Jun 14, 2019 - Between June 2009 and June 2019, the inmate population declined from about 167,800 to 125,700 (25  percent decrease) and the parolee population declined from about 111,200 to 50,100 (55  percent decrease).
https://lao.ca.gov/Publications/Report/4078

The 2023-24 Budget: California Spending Plan Series [Publication Details]

Oct 2, 2023 - Each year, our office publishes California Spending Plan, a series of publications that summarize the annual state budget. The final version of Overview of the California Spending Plan is presented here along with short online posts that focus on major areas and features of the 2023-24 budget package. As these posts become available, we will add them below.
https://lao.ca.gov/Publications/Detail/4835

COVID-19: Unemployment Insurance for Workers Impacted by COVID-19

Mar 23, 2020 - (In particular, the recent H.R. 1319 extended the benefit duration by 25 weeks.) The federal government, instead o f California employers via payroll taxes, would pay the full cost of these extra weeks of benefits.
https://lao.ca.gov/Publications/Report/4208

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 26, 2019 - Requires MVA to Make $100  Million Supplemental Pension Payment Over Four Years. In each of the four fiscal years of the agreement (2019 ‑20, 2020 ‑21, 2021 ‑22, and 2022 ‑23), the agreement would require the MVA to contribute $25  million to CalPERS —totaling to $100  million over the four years.
https://lao.ca.gov/Publications/Report/4089