The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - We define a delay as an expenditure reduction that occurs in the budget window (2021 ‑22 through 2023 ‑24), but has an associated expenditure increase in a future year of the multiyear window (2024 ‑25 through 2026 ‑27).
https://lao.ca.gov/Publications/Report/4662

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - The first set of options would maximize savings in the budget window —potentially at a similar level as the Governor ’s proposal —but result in lower savings for future years. The second option results in more savings in the multiyear window, but lower savings for the long term.
https://lao.ca.gov/Publications/Report/4887

The 2020-21 Spending Plan: Labor and Employment Issues

Oct 5, 2020 - Under state law, PAGA allows employees to sue their employers to collect a share of penalties associated with labor l aw violations. Penalties and settlement awards from PAGA lawsuits are distributed 75  percent to the LWDF and 25  percent to the plaintiffs.
https://lao.ca.gov/Publications/Report/4274

Unit 8 (Firefighters) MOU Analysis

Aug 26, 2022 - Under the budget agreement adopted in June, the administration ’s multiyear estimates beyond the budget window reflect a negative balance in the Special Fund for Economic Uncertainties, the state ’s main operating account.
https://lao.ca.gov/Publications/Report/4621

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - For instance, many older homes were built with features —such as wood shake roofs, cedar siding, or single ‑paned windows —that make them more vulnerable to igniting during wildfires. Evolving Conditions Are Changing Risk Exposure.
https://lao.ca.gov/Publications/Report/4575

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - Under federal l aw, state and local government employers may continue to exclude some employees from Social Security coverage, but only if those employees are enrolled in a retirement plan that meets federal regulations requiring at least a specified level of benefits.
https://lao.ca.gov/Publications/Report/4800

The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal

May 16, 2017 - For much of the late 1990s and 2000s, the yield averaged around 6  percent, although it fell after the dot-com bust and ensuing recession in the early 2000s. After the rate fell in 2008, it has remained near zero as inflation and U.S.
https://lao.ca.gov/Publications/Report/3673