The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - (The budget for CSU includes an additional $ 64  m illion ongoing to cover higher retiree health benefit and pension costs.) For UC, $ 200  m illion of its ongoing augmentation is intended to cover increases in operating costs (including some employee compensation costs), student success initiatives, student hunger and housing initiatives, mental health services, and 2018 ‑ 19 e nrollment.
https://lao.ca.gov/Publications/Report/3916

A Review of the CalSTRS Funding Plan: Funding Plan May Not Meet Principle of “Shared Responsibility”

Feb 2, 2016 - Whether State Shares in Responsibility Depends On Future Investment Experience. As we described in our second post , the funding plan—as implemented—makes the state responsible for an estimate of what CalSTRS’ unfunded liabilities would be today if the state had made different decisions about teacher pensions in the past.
https://lao.ca.gov/Publications/Report/3337

The 2022-23 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2022 - On January 10, 2022, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Detail/4492

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

Jan 13, 2022 - On January 10, 2022, Governor Newsom presented his proposed state budget to the Legislature. In this report, we provide a brief summary of the proposed budget based on our initial review. In the coming weeks, we will analyze the plan in more detail and release several additional budget analyses.
https://lao.ca.gov/Publications/Report/4492/1

The 2022-23 Budget: Educator Workforce Proposals

Feb 23, 2022 - According  to the California State Teachers ’ Retirement System, which manages the state ’s pension system for teachers, 3,202 California teachers retired in the second half of 2020 —a 26  percent increase relative to 2019.
https://lao.ca.gov/Publications/Report/4556

The 2023-24 Budget: Transitional Kindergarten and State Preschool Proposals [Publication Details]

Feb 14, 2023 - The 2023-24 Budget: Transitional Kindergarten and State Preschool Proposals [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4682

The 2023-24 Budget: Transitional Kindergarten and State Preschool Proposals

Feb 14, 2023 - State Provided One ‑Time Funding to Support TK Expansion. Between 2021 ‑22 and 2022 ‑23, the state provided a total of $1.2  billion in one ‑time General Fund to support TK expansion. These augmentations include: Facility Support.
https://lao.ca.gov/Publications/Report/4682

The 2020-21 Budget: Governor’s Fiscal Oversight Proposals

Mar 19, 2020 - Most districts, for example, have accurate budget projections and deliberately plan for cost increases in key areas such as pensions and special education. Although few districts receive poor ratings consistently, a relatively small group of chronically distressed districts have received multiple qualified or negative ratings over the past few years.
https://lao.ca.gov/Publications/Report/4204

Update on School District Retiree Health Benefits

Sep 25, 2017 - This added cost pressure comes at a time when districts are facing other pressures —most notably, rising pension costs and expectations to enhance services for low-income students and English learners.
https://lao.ca.gov/Publications/Report/3704

The 2021-22 Budget: The Fiscal Outlook for Schools and Community Colleges

Nov 18, 2020 - Potential uses for this one ‑time funding include addressing student learning loss, paying down future pension costs, and building reserves. Introduction Report Provides Our Fiscal Outlook for Schools and Community Colleges.
https://lao.ca.gov/Publications/Report/4298