The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - The Legislature could use the funding it frees up from funding fewer proposals to address district cost pressures (such as rising pension costs), or it could set this funding aside in the Proposition  98 Reserve for future allocation.
https://lao.ca.gov/Publications/Report/4492

The 2014-15 Budget: Overview of the May Revision - The 2014-15 Budget: Overview of the May Revision - Press Conference Question and Answer [Video]

The package continues to build reserves and pay down debts, including a new proposal to fund the teachers ' pension system over about 30 years. Our May revenue forecast projects $2.5 billion higher revenues compared with that of the administration —not substantially different given the size of the state budget.
https://lao.ca.gov/Videos/Player?playlistId=56&videoId=77

The 2014-15 Budget: Overview of the May Revision - The 2014-15 Budget: Overview of the May Revision - Press Conference [Video]

The package continues to build reserves and pay down debts, including a new proposal to fund the teachers ' pension system over about 30 years. Our May revenue forecast projects $2.5 billion higher revenues compared with that of the administration —not substantially different given the size of the state budget.
https://lao.ca.gov/Videos/Player?playlistId=56

The 2016-17 Budget: The Governor’s Proposition 2 Debt Proposal

Feb 24, 2016 - We suggest the Legislature collaborate with the administration, state pension systems—including CalPERS, CalSTRS, and the UC Regents—and others to develop a long–term plan for Proposition  2 debt payment funds.
https://lao.ca.gov/Publications/Report/3363

Key Fiscal and Policy Issues Facing California [Publication Details]

Feb 7, 2024 - Key Fiscal and Policy Issues Facing California identifies some of the biggest and most complex policy issues facing the state and its policymakers. Given the significance and complexity of these issues, our discussion of each issue is necessarily high level and does not provide recommendations.
https://lao.ca.gov/Publications/Detail/4830

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Figure 8 California State University Core Funding by Source ( Dollars in Millions) 5.4% a Includes funding for pensions and retiree health benefits. b In addition, the budget appropriates $7  million one ‑time General Fund to the Department of Social Services for provision of legal services to undocumented students and immigrants at CSU campuses. c Includes funds that CSU uses to provide tuition discounts and waivers to certain students.
https://lao.ca.gov/Publications/Report/3870/5

The 2022-23 Budget: Initial Comments on the State Appropriations Limit Proposal [Publication Details]

Feb 4, 2022 - The 2022-23 Budget: Initial Comments on the State Appropriations Limit Proposal [Publication Details] Description: This post provides our office’s initial analysis on and comments about the Governor’s proposals to address state appropriations limit (SAL) requirements in the 2022-23 Governor’s budget.
https://lao.ca.gov/Publications/Detail/4515

The 2022-23 Budget: Initial Comments on the State Appropriations Limit Proposal

Feb 4, 2022 - First, the state can take a preemptive approach. Through the iterative budget process, the state can lower revenues and/or spend more on excluded purposes, using a variety of fund sources. This approach lowers appropriations subject to the limit and reduces the potential for excess revenues.
https://lao.ca.gov/Publications/Report/4515

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

Jan 13, 2020 - The Governor allocates this amount among three uses: ( 1)  c ontinuing to implement the state ’s plan to prefund retiree health benefits, ( 2)  r epaying a 2017 ‑ 18 l oan from the state ’s cash resources that supported a supplemental pension payment in that year, and ( 3)  a supplemental pension payment to the state ’s teacher retirement system.
https://lao.ca.gov/Publications/Report/4135

With New Deficits Looming, California Will Weigh its Options for Allocating a Large Revenue Windfall

Dec 1, 2020 - The first recognizes that replenishing reserves, repaying internal borrowing, and restoring supplemental pension payments —which together represent the lion ’s share of the state ’s budget resilience —all are one-time resource commitments.
https://lao.ca.gov/Publications/Report/4305