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

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - In addition to the budgetary benefits, governmental employers might be motivated to make supplemental payments to reduce their reported unfunded liabilities, improving their net position. (The Governmental Accounting Standards Board requires public entities to report their pension unfunded liabilities as part of their annual financial statements.)
https://lao.ca.gov/Publications/Report/4887

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

Unit 8 (Firefighters) MOU Analysis

Aug 26, 2022 - The agreement would provide Unit 8 members three GSIs over the course of the term of the agreement: effective July 1, 2022, a 2.5  percent GSI; effective January 1, 2023, a 2  percent GSI; and effective July 1, 2023, a 2  percent GSI.
https://lao.ca.gov/Publications/Report/4621

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - The vacancy rate across state civil service classifications has fluctuated in recent years from 15  percent in 2019 to 21  percent in 2023 to 17  percent as of May 31, 2025. Though much lower than statewide vacancy rates, the vacancy rate among Unit 6 classifications also has fluctuated from 8  percent in 2019 to 13  percent in 2023 to 9  percent as of May 31, 2025.
https://lao.ca.gov/Publications/Report/5058

MOU Fiscal Analysis: Bargaining Unit 10 (Professional Scientific)

Aug 14, 2024 - Governor Presented —and Union Rejected —Last Best and Final Offer (LBFO) in December 2023. The mediation process ended on December 13, 2023 with the parties failing to reach an agreement. The administration submitted its LBFO to CAPS on December 19, 2023.
https://lao.ca.gov/Publications/Report/4918

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians)

Sep 7, 2023 - The agreement would provide two GSIs over the course of the agreement, described below. 3  Percent in 2023-24. Effective July 1, 2023, all Unit 16 members would receive a 3  percent salary increase. 2.5  Percent in 2024-25.
https://lao.ca.gov/Publications/Report/4801

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

Jun 27, 2025 - As of June 30, 2023, the state and Unit 12 have set aside $328.7 million in assets to prefund the benefit and the unfunded liability associated with Unit 12 is $2.8 billion. The most recent actuarial valuation of Unit 12 retiree health benefits (as of June 30, 2023) estimates that the Unit 12 funding plan is on track to fully fund Unit 12 retiree health benefits by 2047.
https://lao.ca.gov/Publications/Report/5060

MOU Analysis: Unit 10 (Professional Scientific)

Jan 30, 2023 - Notwithstanding Long-Standing Disagreement Over Unit 10 Compensation, 2023 Presents Challenging Bargaining Environment … The state is faced with competing tensions that make reaching bargaining agreements in 2023 difficult.
https://lao.ca.gov/Publications/Report/4665

MOU Fiscal Analysis: Bargaining Unit 19 (Health and Social Services/Professional)

Sep 1, 2023 - A GSI provides the same salary increase to all employees represented by the bargaining unit. 2023 ‑24 GSI: 3  Percent. Effective July 1, 2023, all Unit 19 employees would receive a 3  percent salary increase. 2024 ‑25 GSI: 2.5  Percent.
https://lao.ca.gov/Publications/Report/4797