CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

MOU Fiscal Analysis: Bargaining Unit 7 (Public Safety)

Sep 7, 2023 - The most recent (July) California Consumer Price Index was 3.1  percent higher compared to the prior year. Since 2020, however, prices have risen 17  percent. To the extent that the lower real average base pay in 2022 is a reflection of past GSIs not keeping pace with inflation, the tentative agreement ’s GSI in 2023 ‑24 would maintain wages, but would not catch up to prior price increases.
https://lao.ca.gov/Publications/Report/4802

MOU Fiscal Analysis: Bargaining Units 1, 3, 4, 11, 14, 15, 17, 20, and 21 (SEIU Local 1000)

Sep 7, 2023 - The most recent (July) California Consumer Price Index was 3.1  percent higher compared to the prior year. Since 2020, however, prices have risen 17  percent. GSIs provided by prior agreements to some bargaining units represented by Local 1000 did not keep pace with these increases, as noted above.
https://lao.ca.gov/Publications/Report/4799

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - …Likely Resulting in Net Costs to State Beginning in 2025-26. If overtime payments in 2025-26 reflected overtime payments in 2024, the 2.5  percent GSI would increase state expenditures for overtime by more than $7  million.
https://lao.ca.gov/Publications/Report/5066

The 2023-24 Budget: Total Compensation Studies

May 24, 2023 - Article 3.1 of the MOU for professional engineers requires CalHR and the union representing professional engineers (Professional Engineers in California Government) to jointly complete an annual salary survey.
https://lao.ca.gov/Publications/Report/4773

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

Sep 9, 2025 - Unit 10 Net Reduced Costs in 2025-26 and 2026-27. The administration estimates that the proposed agreement with Unit 10 would reduce state department costs by $10.1  million ($2.8  million General Fund) in 2025-26 and $13.5  million ($3.8  million General Fund in 2026-27), as shown in Figure  2.
https://lao.ca.gov/Publications/Report/5073

Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Specifically, CalSTRS investments returned 3.9  percent in 2019 ‑20, compared to the assumed 7  percent rate, meaning CalSTRS experienced an actuarial loss of 3.1  percentage points. As noted in the preceding paragraph, the state ’s rate already was scheduled to increase by the maximum allowed amount in 2020 ‑21 and for the following two to three years.
https://lao.ca.gov/Publications/Report/4400

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

May 16, 2017 - This analysis could also consider alternatives for prepayments in terms of their net benefit. For example, would a prepayment for state retiree health unfunded liabilities have a greater net benefit in the long run?
https://lao.ca.gov/Publications/Report/3673

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

Jan 13, 2023 - Across the rest of the budget, our estimates of baseline spending —for example, for caseload growth, federal reimbursements, and statutory cost increases —and constitutional requirements —for example, for infrastructure and deposits into reserves —differ , on net, by $800  million.
https://lao.ca.gov/Publications/Report/4662

MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 [Publication Details]

Jul 15, 2010 - MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 [Publication Details] MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 Format: PDF Description: In our required fiscal analysis of six proposed collective bargaining agreements, we find that the memoranda of understanding (MOUs), if adopted, would produce state savings in 2010-11, little net budgetary impact in 2011-12, and some increasing state costs for one or more years thereafter.
https://lao.ca.gov/Publications/Detail/2334