Addressing CalSTRS' Long-Term Funding Needs - Addressing CalSTRS' Long-Term Funding Needs [Video]

Addressing CalSTRS' Long-Term Funding Needs - Addressing CalSTRS' Long-Term Funding Needs [Video] To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Addressing CalSTRS ' Long-Term Funding Needs March 20, 2013 Last year, the Legislature asked CalSTRS to submit a report detailing at least three options for addressing the unfunded
https://lao.ca.gov/Videos/Player?playlistId=76&videoId=118

^[PDF] University of California Budget.indd

University of California Budget.indd University of California Budget (In Millions) Revenuea 2015-16 Revised General Fund $3,257 Tuition and fees 3,028 Total $6,285 2016-17 Changes General Fund $209 Tuition and feesb 158 Subtotal ($367) Otherc 145 Total $512 2016-17 Proposed General Fund $3,467 Tuition and fees 3,186 Total $6,652 Changes in Spending UC’s Plan for Unrestricted Funds General salary
https://lao.ca.gov/reports/2016/3326/19.pdf

^[PDF] The 2019-20 Budget: May Revision Multiyear Budget Outlook

We estimate the state would save about $90 million annually beginning in 2020-21 as a result. (These savings would grow over time.) • CalSTRS. The California State Teachers’ Retirement System (CalSTRS) is the pension system for California’s teachers.
https://lao.ca.gov/reports/2019/4050/multiyear-outlook-051719.pdf

The 2024-25 Budget: State Employee Compensation

Mar 21, 2024 - Introduction In this analysis, we provide the Legislature our key questions and recommendations related to the administration ’s proposed budgetary changes for state employee compensation. (For our analysis of issues related to pension payments under Proposition  2 [2014], see our report The 2024‑25 Budget: Proposition 2 Debt Payment Proposals .)
https://lao.ca.gov/Publications/Report/4888

LAO Publications

Report The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal Format: HTML May 16, 2017 - As part of his May Revision, the Governor proposes the state borrow $6 billion from the Pooled Money Investment Account (PMIA) to make a one-time payment to reduce state pension li abilities at CalPERS.
https://lao.ca.gov/Publications?page=91&year=0&productid=0&categoryid=0

LAO Publications

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/Publications?publicationType=12

Recent Trends in Young Adult Mortality

Dec 10, 2024 - Growth Roughly Evenly Split Between State Highways and Local Roads. Many transportation policies and programs make a major distinction between the state highway system and local roads. Using data from the Fatality Analysis Reporting System, we estimate that 54  percent of California ’s pandemic ‑era growth in age 15 to 44 motor vehicle deaths has occurred on the state highway system.
https://lao.ca.gov/Publications/Report/4945

^[PDF] The 2021-22 Budget: California Community Colleges

Previous Pension Package Implemented, but No New Pension Relief. The 2019-20 budget plan included $3.2 billion non-Proposition 98 General Fund for certain pension payments the state was scheduled to make on behalf of schools and community colleges.
https://lao.ca.gov/reports/2021/4372/Community-Colleges-021621.pdf

EdBudget Tables (July 2016)

Jul 14, 2016 - General Fund includes direct state support for pension and retiree health care costs (for CSU), debt service (for Hastings), deferred maintenance (for CSU, UC, and Hastings), and Innovation Awards (for CSU and UC in 2014-15) that comes from outside the segments ’ main budget-act appropriations.
https://lao.ca.gov/Publications/Report/3491

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - For UC, however, we back out one –time Proposition  2 payments for outstanding pension liabilities. For CSU, we exclude cost increases for retiree health and most pension contributions, as we forecast these as part of overall state employee costs.
https://lao.ca.gov/Publications/Report/3507