LAO Publications

In this post, we provide key background information on pensions and CalSTRS. Format: Evaluation of the School District of Choice Program January 27, 2016 - The District of Choice program is one of several statutory options allowing a K-12 student to transfer from one school district to another school district.
https://lao.ca.gov/publications?page=34&year=0&publicationType=0

LAO Publications

In this post, we provide key background information on pensions and CalSTRS. Format: Evaluation of the School District of Choice Program January 27, 2016 - The District of Choice program is one of several statutory options allowing a K-12 student to transfer from one school district to another school district.
https://lao.ca.gov/Publications?page=34&year=0&publicationType=0

The 2014-15 Budget: Overview of the Governor’s Budget

Moreover, state law does not even make clear who is responsible for providing more funding to the system: teachers, districts, or the state. The basic pension math is clear —CalSTRS must receive more money.
https://lao.ca.gov/reports/2014/budget/overview/budget-overview-2014.aspx

Questions and Answers: California's First Retiree Health Valuation

This has been the strategy used by state and local governments in California for defined pension benefits for generations. This strategy has allowed the state’s public retirement systems to become substantially funded and to cover the majority of benefit costs using compounded investment returns, rather than relying solely on taxpayer and employee contributions.
https://lao.ca.gov/2007/ret_health_val/ret_health_val_050907.aspx

The Definition of Qualified Capital Outlay for the State Appropriations Limit [Publication Details]

Feb 18, 2022 - The Definition of Qualified Capital Outlay for the State Appropriations Limit [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/4547

The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - The Definition of Qualified Capital Outlay for the State Appropriations Limit The Definition of Qualified Capital Outlay for the State Appropriations Limit Summary The state appropriations limit (SAL) restricts how the state can use revenues that exceed a specified threshold.
https://lao.ca.gov/Publications/Report/4547

2021-22 “Big Three” Revenue Outlook Update: February 2022 [EconTax Blog]

Feb 17, 2022 - We also caution that the impl ications of unanticipated revenues for the state 's budget are not straightforward.  As we discuss here , we expect the Legislature very likely will face additional, significant constraints this year due to the requirements of the State Appropriations Limit.  
https://lao.ca.gov/LAOEconTax/Article/Detail/725

Newest Early Jobs Revision Shows No Net Job Growth During 2023 [EconTax Blog]

Sep 15, 2023 - Each month our office publishes  the most recent state employment figures from the the Current Employment Statistics (CES) survey. State employment figures come from this monthly survey, which is based on a small sample of businesses in the state. 
https://lao.ca.gov/LAOEconTax/Article/Detail/783

Newest Early Jobs Revision Shows No Net Job Growth During 2023 [EconTax Blog]

Sep 15, 2023 - Each month our office publishes  the most recent state employment figures from the the Current Employment Statistics (CES) survey. State employment figures come from this monthly survey, which is based on a small sample of businesses in the state. 
https://lao.ca.gov/LAOEconTax/article/Detail/783

Uptick in Unemployment Rate Triggered a Recession Indicator [EconTax Blog]

Oct 3, 2023 - The state ’s unemployment rate has moved upwards since last fall —climbing from 3.8 percent in August 2022 to 4.6 percent in August 2023. Given this increase, the state version of the Sahm Rule triggered first in March 2023 and continues to indicate recession conditions.  
https://lao.ca.gov/LAOEconTax/article/Detail/786