The 2024-25 Budget: The Governor’s Proposition 98 Funding Maneuver [Publication Details]

Feb 15, 2024 - In this brief, we evaluate the Governor’s novel proposal to allow schools to keep $8 billion of cash disbursements above the minimum requirement without recognizing the budgetary impact of those payments.
https://lao.ca.gov/Publications/Detail/4840

The 2024-25 Budget: The Governor’s Proposition 98 Funding Maneuver

Feb 15, 2024 - This is the state ’s budget . After this plan is put into law, the executive branch executes it on a cash basis. That is, on a daily basis, the state ’s tax agencies collect revenues, the State Controller pays the state ’s bills, and the State Treasurer invests any of the state ’s cash that is currently unused.
https://lao.ca.gov/Publications/Report/4840

CalSTRS Pension Proposals [Publication Details]

Mar 12, 2019 - CalSTRS Pension Proposals [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/3974

2005 Initiative Analysis: The California Public Employee Pension Reform Act

Under the measure, public agencies would begin contributing some level of payroll to individual defined contribution accounts for new employees, instead of contributing toward de fined benefit pensions.
https://lao.ca.gov/ballot/2005/050183.htm

2004 Initiative Analysis: Public employee retirement contributions

Under the measure, public agencies would begin contributing some level of payroll to individual defined contribution accounts for new employees, instead of contributing toward defi ned benefit pensions.
https://lao.ca.gov/ballot/2005/050022.htm

Other Budget Issues

State Contributions to CalPERS for State Employee Pension Benefits State pension contributions to CalPERS in 2010-11. Recommend sending Control Section 3.60 to conference committee, given the CalPERS board's delay in setting the state's 2010-11 pension contribution rates.
https://lao.ca.gov/Recommendations?SubjectArea=71&Year=2010

The 2010-11 Budget: The Governor's Employee Compensation Proposals [Publication Details]

Jan 27, 2010 - In 2009–10, the state has achieved significant savings due to the Governor’s furlough program, which is being challenged in many court cases. For 2010–11, the Governor proposes various measures to reduce state personnel costs, including shifting pension contribution costs from the state to employees, unallocated reductions in personnel budgets of departments, and an across–the–board salary reduction for employees.
https://lao.ca.gov/Publications/Detail/2188

The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - For example, the proposed increase in new franchise registration fees —from $675 to $1,865 —would set California fees at much higher levels than other states. In other states with franchise registration fees, new franchise registration fees range from $250 to about $750.
https://lao.ca.gov/Publications/Report/5025

Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature [Publication Details]

Apr 19, 2023 - Through the final months of the 2023-24 budget process, California’s Legislature will make numerous important decisions regarding the allocation of state resources in the context of a budget problem. Few choices will be as consequential for the state’s medium-term fiscal outlook as whether or not to draw upon its budget reserves to close a projected deficit.
https://lao.ca.gov/Publications/Detail/4762

Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature

Apr 19, 2023 - In that case, the state ’s reserves could be key to sustaining the state ’s safety net through a challenging economic period. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/4762