The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - CalSTRS is the world ’s largest educator ‑only pension system, administering the $315  billion Teachers ’ Retirement Fund for more than 1  million members and beneficiaries (as of June 2023). CalSTRS ’ 12 ‑member Teachers ’ Retirement Board (CalSTRS Board) administers the fund and is constitutionally responsible for overseeing the system ’s investment policies and ensuring that benefit payments are made on time and according to law.
https://lao.ca.gov/Publications/Report/4887

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The one ‑time cost of fleet replacement, including ancillary costs and capital outlay, is currently estimated at $ 315  m illion. The administration estimates ongoing support costs will grow to about $ 14  m illion annually for increased staffing and maintenance needs.
https://lao.ca.gov/Publications/Report/3870/9

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Of this amount, $ 466  m illion is intended for district support (excluding the new district support add ‑ons described below), $ 258  m illion is for alternative education, and $ 315  m illion is for existing add ‑ons (effectively four LCFF hold harmless provisions).
https://lao.ca.gov/Publications/Report/3870/3