Mental Health Services Act: Revenue Volatility and the Governor’s Proposal to Reduce Allowable County Reserves

Jul 13, 2023 - Up to 5  Percent of Revenue Available for State Purposes. The MHSA allows up to 5  percent of overall revenues to be used for state administration of MHSA. The 5  percent is often referred to as the “state cap. ” Under current legislative practice, funding within the state cap that is not needed for direct MHSA administration is available for the Legislature to appropriate to various mental health programs.
https://lao.ca.gov/Publications/Report/4780

^[PDF] The 2020-21 Budget: Overview of the Governor’s Budget

The Governor allocates this amount among three uses: (1) continuing to implement the state’s plan to prefund retiree health benefits, (2) repaying a 2017-18 loan from the state’s cash resources that supported a supplemental pension payment in that year, and (3) a supplemental pension payment to the state’s teacher retirement system.
https://lao.ca.gov/reports/2020/4135/budget-overview-2020.pdf

Changes in California State University General Fund Spending [EdBudget]

Jul 18, 2023 - 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/743

^[PDF] Structuring the 2019-20 Budget: Reserves, Debt, and Liabilities

Text Margins Left align medium figures and tables here Large figure margin Large figure margin L E G I S L AT I V E A N A LY S T ’ S O F F I C E 4 Debt and Liabilities: Retirement Governor Proposes Three Supplemental Pension Payments: „ $3 Billion to CalPERS for Unfunded Liability. „ $1.1 Billion to the California State Teachers’ Retirement System (CalSTRS) for State Unfunded Liability.
https://lao.ca.gov/handouts/state_admin/2019/Structuring-2019-20-Budget-030519.pdf

The 2021-22 Budget: Labor Agreements Ending Personal Leave Program 2020

Jun 25, 2021 - Under the current MOU, any amount of the 2019 ‑20 Unit 5 salary increase above 3  percent was redirected as an employee contribution towards pension benefits. This contribution was in addition to what the state and employees otherwise would contribute to the pension system, meaning that the contribution was a supplemental pension contribution that paid down unfunded liabilities.
https://lao.ca.gov/Publications/Report/4446

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

The 2018-19 Budget: California State Library

Apr 13, 2018 - The 2018-19 Budget: California State Library The 2018-19 Budget California State Library In this post, we analyze the Governor ’s eight California State Library budget proposals totaling $9.7  million in associated augmentations.
https://lao.ca.gov/Publications/Report/3810

The 2018-19 Budget: California State Library [Publication Details]

Apr 13, 2018 - The 2018-19 Budget: California State Library [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/3810

After Furloughs: State Workers’ Leave Balances

The state will pay these liabilities when the employees separate from state service. We note the state also may have incurred other costs due to the furlough policy, such as increased overtime expenses or costs to pay growth in the state ’s unfunded pension liabilities.
https://lao.ca.gov/reports/2013/stadm/leave-balances/state-workers-leave-031413.aspx

Managing California’s Cash

Sep 3, 2019 - Over the next few decades, funds that pay pension costs accrue benefits through lower employer contributions costs relative to what they would be otherwise. Finally, funds that accrue these benefits are to repay the loan to the PMIA with interest.
https://lao.ca.gov/Publications/Report/4092