The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Although the budget does not assume an extension of the MCO tax, it does propose the continued use of General Fund for the 7  p ercent restoration in 2019 ‑20. The cost of the 7  p ercent restoration is estimated to be $342. 3  m illion in 2019 ‑20.
https://lao.ca.gov/Publications/Report/3916

A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - As implemented, the abstract calculation central to the funding plan has decreased the state ’s share of CalSTRS ’ unfunded liabilities from $20 billion to $15 billion. Meanwhile, that calculation, coupled with CalSTRS ’ treatment of the higher teacher contributions required by the funding law, have increased the school and community college district share from $47 billion to $58 billion.
https://lao.ca.gov/Publications/Report/3339

A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - Because theoretical assets that determine the state’s share of the unfunded liability fluctuate more than real world assets and because the state’s share of the unfunded liability ($15 billion) is much smaller than the district share ($58 billion), the state share will be relatively sensitive to changes in assets.
https://lao.ca.gov/Publications/Report/3336

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

MOU Fiscal Analysis: Bargaining Unit 7 (Protective Services and Public Safety)

Aug 8, 2019 - The actions taken as part of the 2019 ‑20 budget are based on the administration ’s MVA fund condition projections that assume employee compensation at CHP grows by 3  percent each year between 2020 ‑21 and 2023 ‑24 and that employee compensation at DMV grows by 2  percent each year during the same period.
https://lao.ca.gov/Publications/Report/4085

MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician)

Sep 9, 2025 - PLP 2025 =Personal Leave Program 2025; Local 1000 = Nine bargaining units represented by Service Employee International Union, Local 1000: Units 1, 3, 4, 11, 14, 15, 17, 20, and 21. OPEB Prefunding State Other Post-Employment Benefits (OPEB) Prefunding Strategy.
https://lao.ca.gov/Publications/Report/5073

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - A  2018   report  by the State Coastal Conservancy and The Nature Conservancy found that 55 percent of California’s existing coastal habitats are highly vulnerable to five feet of sea‑level rise, including 60 percent of the state’s iconic beaches and 58 percent of its marshes. 
https://lao.ca.gov/Publications/Report/4575

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Sep 1, 2023 - Due to one-time costs associated with provisions of the agreement, 2025 ‑26 would be the highest cost year resulting from the agreement, increasing costs in that year by $152  million ($58  million from the General Fund).
https://lao.ca.gov/Publications/Report/4798

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Jan 23, 2017 - In this report, CalHR surveyed 20 local fire departments—selected at random among 58 California fire departments that employ more than 75 firefighters—and compared total compensation provided to classifications the department identified as similar to the four state classifications.
https://lao.ca.gov/Publications/Report/3534

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - PLP 2025 =Personal Leave Program 2025; Local 1000 = Nine bargaining units represented by Service Employee International Union, Local 1000: Units 1, 3, 4, 11, 14, 15, 17, 20, and 21. 66-Hour Duty Week Reduction of Duty Week to 66 Hours Approved in 2024-25 Budget, Full Implementation Not Expected Before 2028-29.
https://lao.ca.gov/Publications/Report/5066