The 2020-21 Spending Plan: Pensions

Oct 12, 2020 - Pension Payments on Behalf of School and Community College Districts 2019 ‑20 Budget Act Gave Districts Short- and Long-Term Relief. The 2019 ‑20 Budget Act included $850  million in supplanting payments to help school and community college districts pay their required contributions to CalSTRS and the CalPERS School Pool in 2019 ‑20 and 2020 ‑21.
https://lao.ca.gov/Publications/Report/4279

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

Feb 15, 2022 - The continued decline in new PUA claims after the state instituted ID. me —as shown in Figure  2 above —suggests that ID.me may have further reduced the viability of fraudulent claims. …But Took Other Actions Inconsistent With Strike Team Call to Reassess Stance on Fraud.
https://lao.ca.gov/Publications/Report/4542

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

Jan 13, 2023 - We also describe the condition of the school and community college budget. General Fund Budget Figure  4 shows the General Fund condition based on the Governor ’s proposals and using the administration ’s estimates and assumptions.
https://lao.ca.gov/Publications/Report/4662

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 2018-19 Budget: Meeting Workforce Demand for Certified Nursing Assistants in Skilled Nursing Facilities

Apr 27, 2018 - Training providers include school district-run adult schools and Regional Occupational Centers and Programs, California Community Colleges (CCCs), nonp rofits (such as the American Red Cross), and for-profit schools (such as Coast Health Career College in Orange County).
https://lao.ca.gov/Publications/Report/3815

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

Mar 10, 2022 - Through the state ’s Adult Education Program (AEP), more than 350  adult education providers —primarily school districts (through their adult schools) and community colleges —are organized into 71  regional consortia.
https://lao.ca.gov/Publications/Report/4572

The 2022-23 Budget: UC Climate-Related Proposals

Feb 16, 2022 - The state, however, provided UC Extension $15  million one ‑time General Fund in 2019 ‑20 to develop additional certificate programs serving adults who had some college credits but no college degree.
https://lao.ca.gov/Publications/Report/4538

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Separate from his proposals to pay down the CalSTRS unfunded liability, the Governor proposes providing $ 700  m illion over the next two years ($ 350  m illion per year) to provide school and community college districts immediate budget relief.
https://lao.ca.gov/Publications/Report/3916

A Review of the CalSTRS Funding Plan: Treatment of Teacher Contributions Also Increase District Unfunded Liabilities

Feb 2, 2016 - Our third post explained how theoretical asset gains have increased the school and community college district share of CalSTRS’ unfunded liabilities. Below, we continue this discussion by describing how CalSTRS’ treatment of teacher contributions has also increased the district share.
https://lao.ca.gov/Publications/Report/3335

A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - CalSTRS members mainly work at school and community college districts. In this series, we refer to CalSTRS members as “teachers ” for simplicity. Full Funding a Key Goal of Pension Policy. A pension system is fully funded when assets are sufficient to cover benefits already earned by employees and retirees.
https://lao.ca.gov/Publications/Report/3332