The 2024-25 Budget: State Employee Compensation

Mar 21, 2024 - However, we think such an approach would be a more effective inter im solution to reduce costs in 2024 ‑25 while the administration identifies specific one-time and ongoing reductions to include in its 2025 ‑26 budget proposal.
https://lao.ca.gov/Publications/Report/4888

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

May 16, 2017 - For much of the late 1990s and 2000s, the yield averaged around 6  percent, although it fell after the dot-com bust and ensuing recession in the early 2000s. After the rate fell in 2008, it has remained near zero as inflation and U.S.
https://lao.ca.gov/Publications/Report/3673