MOU Fiscal Analysis: Bargaining Unit 18

Aug 12, 2022 - Hands-On/Demonstration Crisis Intervention Training. The proposed agreement specifies that crisis intervention training for new employees may include hands-on practice/demonstration as well as written instruction.
https://lao.ca.gov/Publications/Report/4617

The 2021-22 Budget: Creating a New Department of Better Jobs and Higher Wages

Feb 10, 2021 - Reorganizations pursued through the statutory process, on the other hand, are exempt from the reviews required under the executive reorganization process and instead most follow the current rules associated with passing budget trailer bill legislation.
https://lao.ca.gov/Publications/Report/4361

MOU Fiscal Analysis: Bargaining Unit 7 (Public Safety)

Sep 7, 2023 - While a GSI can be justified by the rate of inflation, an SSA, on the other hand, requires further justification as it singles out one classification over another to receive a pay increase within the s ame bargaining unit.
https://lao.ca.gov/Publications/Report/4802

A Review of the CalSTRS Funding Plan: Conclusion

Feb 2, 2016 - On the other hand, the plan also potentially exposes the state to larger unfunded liabilities than we thought possible when the Legislature passed the law. Over the long term, if investments consistently underperform assumptions —or if CalSTRS reduces its investment return assumption —the state ’s share of the unfunded liability could increase substantially and state contributions could be several billion dollars higher by the 2040s.
https://lao.ca.gov/Publications/Report/3339

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

Sep 7, 2023 - While a GSI can be justified by the rate of inflation, an SSA, on the other hand, requires further justification as it singles out one classification over another to receive a pay increase within the s ame bargaining unit.
https://lao.ca.gov/Publications/Report/4799

MOU Analysis: Unit 10 (Professional Scientific)

Jan 30, 2023 - On one hand, we and the Department of Finance project that the state will face a budget problem in 2023-24. Moreover, our office recommends the Legislature plan for a larger budget problem as we estimate revenues likely will be lower than the administration ’s estimates.
https://lao.ca.gov/Publications/Report/4665

Revisiting the Unemployment Insurance Trust Fund Insolvency

Sep 30, 2016 - On the other hand, a hypothetical future recession that reduces reserves by more than $4 billion would likely lead to insolvency at any point prior to the end of 2023. UI Trust Fund Could Remain Solvent in Some Future Recession Scenarios, but Not Others.
https://lao.ca.gov/Publications/Report/3503/2

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Sep 7, 2021 - Much of the staffing increase is related to a January proposal to establish CalFire “hand crews. ” (For more information on this proposal, please see page three of this analysis .) The administration’s fiscal estimates take into consideration the growth in CalFire staffing levels and assume that staffing at CalFire increases by 565 full-time-equivalent employees—relative to staffing levels in 2020-21—about 85 percent of these positions are in the Firefighter I classification.
https://lao.ca.gov/Publications/Report/4451

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - On the other hand, if an employer wants to reduce its short ‑term costs, the payment might be applied to a shorter amortization base. This action would reduce near ‑term costs but would achieve lower levels of savings overall than applying the payment to a longer base.
https://lao.ca.gov/Publications/Report/4887

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

Feb 15, 2022 - On the other hand, although a program without fraud controls would be quick and simple, such a system would expose the state and employers to substantial financial risk. Given the importance of UI payments to workers, the economy, and the state during economic downturns, EDD ’s policies and practices should be regularly reviewed by the Legislature and administration to be sure
https://lao.ca.gov/Publications/Report/4542