The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Although the state has already transferred the $1.7  billion payment to CalPERS associated with the 2023 ‑24 Proposition  2 requirement, how the funds would be applied to the state ’s unfunded liability has not yet been determined.
https://lao.ca.gov/Publications/Report/4887

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - The Governor proposes $1.7  billion (across three years) for the Care Economy Workforce Development package. This package consists of a variety of distinct proposed augmentations across several state health and labor entities.
https://lao.ca.gov/Publications/Report/4572

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - As of June 30, 2023, the state and Unit 6 have set aside $1.7 billion in assets to prefund the benefit and the unfunded liability associated with Unit 6 is $15.4 billion. Based on the most recent valuation, the Unit 6 benefit remains on track to be fully funded by 2048.
https://lao.ca.gov/Publications/Report/5058

MOU Fiscal Analysis: Bargaining Unit 18 (Psychiatric Technicians)

Jan 9, 2020 - This includes annual savings of $1.7  million beginning in 2021 ‑22 resulting from Unit 18 safety members contributing more towards their pension benefits. The administration assumes that these savings will not result in a reduction in departmental appropriations.
https://lao.ca.gov/Publications/Report/4134

The 2022-23 Budget: Assessing Proposals to Address Unemployment Insurance Fraud

Feb 15, 2022 - At its peak in September 2020, the backlog reached 1.7  million claims. At the Same Time, New Federally Funded UI Benefit Hit by Fraud. At the same time that the backlog of delayed UI  claims was increasing, fraudulent activity in the new federal benefit program for self ‑employed workers spiked.
https://lao.ca.gov/Publications/Report/4542

The 2019-20 Budget: California Spending Plan—Other Provisions

Oct 17, 2019 - (The 2017 ‑18 Budget Act provided authority to finance the construction of the project, as well as an initial appropriation of $1.7  million from the Service Revolving Fund to fund acquisition.) Disposal of Developmental Center (DC) Properties.
https://lao.ca.gov/Publications/Report/4101

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

May 16, 2017 - The administration currently projects required Proposition  2 debt repayments will vary from $1.7  billion in 2017-18 to $1.2  billion in 2020-21. Planned Proposition  2 Payments for State Retiree Health Plan.
https://lao.ca.gov/Publications/Report/3673

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Under the Governor ’s estimates, the state is required to spend: $1.7   Billion General Fund Increase for Schools and Community Colleges. General Fund spending on schools and community colleges is determined mainly by a set of constitutional formulas outlined in Proposition  98 (1988).
https://lao.ca.gov/Publications/Report/4135

The 2021-22 Budget: Labor Agreements Ending Personal Leave Program 2020

Jun 25, 2021 - The state would contribute 5.9  percent of pay. 2022 ‑23: 1.7  Percent of Pay Withheld From Employees. The state would contribute 5.1  percent of pay. 2023 ‑24: 2.6  Percent of Pay Withheld From Employees.
https://lao.ca.gov/Publications/Report/4446

The 2020-21 Budget: Labor Agreements to Achieve Budgetary Savings

Sep 9, 2020 - The budget assumes that employee compensation is reduced by up to 10 percent in 2020-21. This analysis provides a historical record of all the labor agreements between the state and its employees to reduce state costs in 2020-21 and—in most cases—2021-22.
https://lao.ca.gov/Publications/Report/4267