Evaluating Tax Policy Changes in the Governor's Budget [EconTax Blog]

Feb 22, 2024 - Given the state ’s budget condition, the proposal warrants serious consideration. Collectively, the tax policy changes proposed by the Governor would help address the state ’s budget problem by raising about $400 million in new revenue.
https://lao.ca.gov/LAOEconTax/article/Detail/797

The 2020-21 Budget: School District Budget Trends

Jan 21, 2020 - School Employees Are Part of One of Two Pension Systems. The California State Teachers ’ Retirement System (CalSTRS) administers pension benefits for school teachers, administrators, and other certificated employees (such as nurses, librarians, and counselors), whereas the California Public Employees ’ Retirement System (CalPERS) administers pension benefits for noncertificated employees (such as clerical staff).
https://lao.ca.gov/Publications/Report/4136

The 2020-21 Spending Plan: Higher Education

Oct 16, 2020 - Repurposes Prior Pension Payment to Reduce District Costs Over the Next Two Years. 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 colleges.
https://lao.ca.gov/Publications/Report/4284

Contributions to CalSTRS [EdBudget]

Aug 24, 2020 - The rates shown include the state's required contribution to the Supplemental Benefits Maintenance Account. c Does not include payments made by the state on districts' behalf. d Does not include state supplemental payments for paying down unfunded CalSTRS pension liabilities.
https://lao.ca.gov/Education/EdBudget/Details/438

^[PDF] 1952 Budget Analysis: Department of Mental Hygiene

A committee of the California Medical Association made' a study in 1950 Mental Hygiene - 348- and recommended that the State" establish a new Division of Alcoholism within the State Department of Mental Hygiene, this division to be the central planning and coordinating agency within the State.
https://lao.ca.gov/analysis/1952/17_mental_hygiene_1952.pdf

State pension contributions to CalPERS in 2010-11.

May 28, 2010 - State pension contributions to CalPERS in 2010-11. State pension contributions to CalPERS in 2010-11. Program: State Contributions to CalPERS for State Employee Pension Benefits Finding or Recommendation: Recommend sending Control Section 3.60 to conference committee, given the
https://lao.ca.gov/Recommendations/Details/215

Contributions to CalSTRS [EdBudget]

Aug 18, 2022 - CalSTRS = California State Teachers' Retirement System. PEPRA = Public Employees' Pension Reform Act. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/650

Unclear value of Governor's hybrid plan study proposal. Inappropriate for CalPERS to lead effort.

May 20, 2011 - AB 702 included a $727 million allocation--dubbed by many as a "raid " on CalPERS funds--to offset state pension contribution costs. Largely in response to AB 702, the California State Employees Association and other labor and retiree groups mobiliz ed to place before California voters Proposition 162 , a measure that essentially overturned AB
https://lao.ca.gov/Recommendations/Details/430

The 2020-21 Budget: Proposition 2 Debt Payment Proposals [Publication Details]

Mar 10, 2020 - This represents a key and unique opportunity for the state. The Governor offers one strategy to prioritize these funds over the next few years. Notably, the Governor focuses on the state’s share of the unfunded liability for teachers’ pensions.
https://lao.ca.gov/Publications/Detail/4196

K-12 Funding by Source [EdBudget]

Jul 28, 2020 - Excludes additional $9.2 billion deferred from 2020-21 to 2021-22. b Consist primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 Child Care programs, and operational expenses of the California Department of Education and other state agencies.
https://lao.ca.gov/Education/EdBudget/Details/446