A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - Complexity a Big Problem. Perhaps more important than the issues raised above is the staggering complexity of CalSTRS ’ policy that implements the funding law. The policy employs an abstract calculation that estimates what CalSTRS ’ unfunded liabilities would be today had the state ’s elected leaders made different decisions about teacher pensions in the past.
https://lao.ca.gov/Publications/Report/3339

The 2017-18 Budget: Initial Comments on the Governor’s May Revision

May 13, 2017 - Relative to January, the administration estimates that revenues associated with the “Big Three ” state taxes are up $2.1 billion across 2015-16, 2016-17, and 2017-18 combined. This increase is largely attributable to a $3.1 billion increase in 2017-18 personal income tax (PIT) revenues, the state ’s largest revenue source.
https://lao.ca.gov/Publications/Report/3669

The 2020-21 Budget: School District Budget Trends

Jan 21, 2020 - Local governing boards set key district policies, including their staffing terms that can have a big impact on district budgets. In developing staffing terms, school districts (typically represented by the district superintendent, chief business officer, and other senior administrators) negotiate with employee unions.
https://lao.ca.gov/Publications/Report/4136

Cal Facts 2018 [Publication Details]

Dec 6, 2018 - With a state as big, as populous, and as complex as California, quickly summarizing how its economy or state budget works is impossible. Instead, Cal Facts is a visual guide—using a variety of different charts—to the state's economy, revenues, and major program trends.
https://lao.ca.gov/Publications/Detail/3905