The 2024-25 Budget: Child Support

Feb 27, 2024 - Implementation of New State Policy DSS Updated Policy to Align State Referral Practices With New Federal Guidance and State Law. In March  2023, DSS issued a letter to counties updating the state ’s policies.
https://lao.ca.gov/Publications/Report/4861

The 2023-24 California Spending Plan: Higher Education [Publication Details]

Oct 19, 2023 - This post summarizes the state’s 2023‑24 spending package for higher education. It is part of our Spending Plan series.
https://lao.ca.gov/Publications/Detail/4809

The 2023-24 California Spending Plan: Higher Education

Oct 19, 2023 - California State Library California State Library Funding Is $596  Million in 2023 ‑24. Of this amount, $574  million is General Fund, $18  million is federal funds, and the remainder comes from various state special funds.
https://lao.ca.gov/Publications/Report/4809

LAO 2007 Budget Analysis: California State Teachers’ Retirement System (1920)

First, we note that under the State Constitution, public pension boards like TRB have “sole and exclusive power” over pension actuarial services. In recent decades, when the Legislature periodically has amended the law to adjust state contribution rates for CalSTRS, it usually has relied on CalSTRS’ actuaries to suggest the
https://lao.ca.gov/analysis_2007/general_govt/gen_12_1920_anl07.aspx

Review of the Funding Determination Process for Nonclassroom-Based Charter Schools

Feb 29, 2024 - They must hire an auditor from a list of firms approved by the State Controller ’s Office. The auditor then conducts an independent review following procedures in the audit manual developed by the state known as the Guide for Annual Audits of K ‑12 Local Education Agencies and State Compliance Reporting (known as the audit guide).
https://lao.ca.gov/Publications/Report/4870

Changes in California State Library General Fund Spending [EdBudget]

Mar 5, 2024 - 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 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/833

The 2024-25 Budget: CalWORKs

Mar 4, 2024 - As mentioned, state TANF programs must meet WPR requirements or face financial penalties. A state ’s WPR requirements are reduced via “caseload reduction credits ” if the state ’s caseload declined within a certain period of time.
https://lao.ca.gov/Publications/Report/4872

^[PDF] MOU Fiscal Analysis Bargaining Unit 2

.  Employee Pension Contributions. The expired MOU requires employees to contribute an additional 3 percent of their monthly pay towards their pension.  2013-14 Top Step Pay Increase. The top step of all Unit 2 classifi cations were increased by 4 percent July 1, 2013.  Attorney Classifi cation Limit.
https://lao.ca.gov/MOU/2014/MOU-BU-2-082214.pdf

Updated "Big Three" Revenue Outlook [EconTax Blog]

Aug 21, 2023 - The most likely explanation for why income tax collections have advanced despite economic headwinds can be found in one of the few economic bright spots for the state: stock market performance over the past six months.
https://lao.ca.gov/LAOEconTax/Article/Detail/777

Updated "Big Three" Revenue Outlook [EconTax Blog]

Aug 21, 2023 - The most likely explanation for why income tax collections have advanced despite economic headwinds can be found in one of the few economic bright spots for the state: stock market performance over the past six months.
https://lao.ca.gov/LAOEconTax/article/Detail/777