There are currently nearly 300 TEPs, including about 200

There are currently nearly 300 TEPs, including about 200 state-level TEPs and over 70 local property tax TEPs, which can impose state costs because the state backfills the lost loc al revenues. The largest TEPs include income tax deductions for mortgage interest expenses, income tax exclusions for employer contributions to pension plans, and sales tax exemptions for gener al foodstuffs.
https://lao.ca.gov/1996/011696_calfacts/cf96d.html

Proposition 33 [Ballot]

Nov 5, 2024 - Renters in California typically pay about 50  percent more for housing than renters in other states. In some parts of the state, rent costs are more than double the national average. Rent is high in California because the state does not have enough housing for everyone who wants to live here.
https://lao.ca.gov/BallotAnalysis/Proposition?number=33&year=2024

LAO 2008 Budget Analysis: Augmentation for Employee Compensation (9800)

The details of ARP are complex, but generally, it reduces state pension contribution requirements during workers ’ first two years of state service. For some employees that opt later to receive two years of service credit in the pension system, the ARP then creates an unfunded pension liability, which the state must pay off —with interest —in subsequent decades.
https://lao.ca.gov/analysis_2008/general_govt/gen_anl08022.aspx

The State Appropriations Limit [Publication Details]

Apr 21, 2021 - The State Appropriations Limit [Publication Details] HTML Description: This report: (1) describes how appropriations limits work for the state, school districts, and local governments in California; (2) explains why the limit is a constraint for state government; and (3) concludes with a variety of short- and long-term policy options—both of which we think the Legislature will need to take—in response to the issue.
https://lao.ca.gov/Publications/Detail/4416

^[PDF] MOU Fiscal Analysis: Bargaining Unit 13

The agreement does not specify how the bonus affects the state’s costs towards employees’ salary-driven benefi ts (such as pensions, Social Security, and Medicare). The administration, however, indicates that the bonus is subject to Social Security and Medicare but does not affect the state’s costs towards employees’ state pension benefi ts.  Treatment of Leave When Calculating Mandatory Overtime Pay.
https://lao.ca.gov/MOU/2014/MOU-BU-13-082514.pdf

UC Merced at 20: Campus Developments and Key State-Level Takeaways

Nov 7, 2024 - The right ‑hand side of Figure  19 shows that wage growth in the state government sector (including UC  Merced) has been strong. Merced County ’s growth in state government wages (69  percent) vastly exceeds the growth at the state level (13  percent) over this period.
https://lao.ca.gov/Publications/Report/4937

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

^[PDF] MOU Fiscal Analysis: Bargaining Unit 13

The PLP is fundamentally the same policy as furloughs, except PLP is established through the collective bargaining process.  Employee Pension Contributions. The expired MOU requires employees to contribute an additional 5 percent of their monthly pay toward their pension.  Pay Increases to Top Step in 2013-14.
https://lao.ca.gov/mou/2014/MOU-BU-13-051914.pdf

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - We recommend the Legislature begin to consider how the state might address the budget ’s ongoing problem. For example, using some of the windfall to make supplemental pension payments would reduce the multiyear structural deficit.
https://lao.ca.gov/Publications/Report/4309

UC Merced at 20: Campus Developments and Key State-Level Takeaways [Publication Details]

Nov 7, 2024 - UC Merced at 20: Campus Developments and Key State-Level Takeaways [Publication Details] UC Merced at 20: Campus Developments and Key State-Level Takeaways Format: HTML Description: Beginning operations 20 years ago, the University of California (UC) Merced has grown to a campus of approximately 9,100 students and 2,500 faculty, staff, and student employees.
https://lao.ca.gov/Publications/Detail/4937