The 2024-25 Budget: Insolvency Risks for Environmental and Transportation Special Funds

Feb 27, 2024 - (These payments are related to a 2017 ‑18 budget action that borrowed from the General Fund for a large one ‑time contribution to the state employee pension fund, requiring future repayment from all relevant funds that make employer pension contributions, including MVA.
https://lao.ca.gov/Publications/Report/4858

The 2025-26 Budget: Various California Air Resources Board Proposals

Feb 24, 2025 - Yet a  key  drawback to this approach is that it obligates the state to hire and maintain permanent staff —and support their associated future pension benefits —even when they may no longer be needed or justified after the short ‑term workload they were brought on to complete has ended.
https://lao.ca.gov/Publications/Report/4980

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - The Legislature could use the funding it frees up from funding fewer proposals to address district cost pressures (such as rising pension costs), or it could set this funding aside in the Proposition  98 Reserve for future allocation.
https://lao.ca.gov/Publications/Report/4492

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

Jan 13, 2020 - The Governor allocates this amount among three uses: ( 1)  c ontinuing to implement the state ’s plan to prefund retiree health benefits, ( 2)  r epaying a 2017 ‑ 18 l oan from the state ’s cash resources that supported a supplemental pension payment in that year, and ( 3)  a supplemental pension payment to the state ’s teacher retirement system.
https://lao.ca.gov/Publications/Report/4135

Overview of State Wildfire Resilience Funding, Actions, and Considerations [Publication Details]

Apr 23, 2025 - Overview of State Wildfire Resilience Funding, Actions, and Considerations [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5030

CalFacts 2024 [Publication Details]

Dec 2, 2024 - CalFacts presents a wide range of facts and trends about the state's economy, finances, and programs.
https://lao.ca.gov/Publications/Detail/4942

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - We recommend the Legislature begin to consider how the state might address the budget ’s ongoing problem. For example, using some of the windfall to make supplemental pension payments would reduce the multiyear structural deficit.
https://lao.ca.gov/Publications/Report/4309

The 2025-26 Budget: Proposition 4 Spending Plan

Feb 12, 2025 - Because this is a somewhat new activity, however, the state still lacks information regarding how effective this strategy is at mitigating the threats that higher temperatures pose to public health, particularly compared to other approaches the state could take with the same objectives.
https://lao.ca.gov/Publications/Report/4958

Frequently Asked Questions About Wildfires in California [Publication Details]

Jan 28, 2025 - This post answers commonly asked questions related to wildfires in the state of California.
https://lao.ca.gov/Publications/Detail/4952

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

Jan 14, 2019 - (The budget for CSU includes an additional $ 64  m illion ongoing to cover higher retiree health benefit and pension costs.) For UC, $ 200  m illion of its ongoing augmentation is intended to cover increases in operating costs (including some employee compensation costs), student success initiatives, student hunger and housing initiatives, mental health services, and 2018 ‑ 19 e nrollment.
https://lao.ca.gov/Publications/Report/3916