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

Feb 2, 2016 - Investment Return Simulations Illustrate Relative Volatility in State Share. In June 2015, CalSTRS ’ consulting actuaries provided the CalSTRS board with a simulation of 1,000 possible future investment return scenarios.
https://lao.ca.gov/Publications/Report/3336

The 2022-23 Budget: Local Control Funding Formula

Jan 28, 2022 - To understand how the proposal would impact school districts in a normal year, we simulated LCFF funding levels for 2019 ‑20 as though the proposal had been in place for several years. We found that districts would have been credited with roughly 53,000 students more than current law provides.
https://lao.ca.gov/Publications/Report/4505

Follow-up Evaluation of the District of Choice Program

Feb 1, 2021 - Our second counterfactual simulates a more realistic alternative by assuming about one ‑third of students using the program would transfer to the same districts using the interdistrict permit system, another one ‑third would attend their home districts, and the remainder would pursue some other option (such as a charter school).
https://lao.ca.gov/Publications/Report/4329

A Historical Review of Proposition 98

Jan 18, 2017 - Over the past 26  years, actual school funding has been higher than the workload –based simulation 13  years and lower the other 13  years. Over the long term, schools have not received notably more or less than they would have received under this traditional budgeting approach.
https://lao.ca.gov/Publications/Report/3526