CalSTRS Funding Update

Jul 19, 2018 - By the latter years of the Great Recessi on, this unfunded liability had grown significantly and CalSTRS was estimating that it would run out of money by the mid-2040s —a short time horizon for a pension system.
https://lao.ca.gov/Publications/Report/3873

The 2022-23 Budget: Educator Workforce Proposals

Feb 23, 2022 - Furthermore, given the significant time and/or money prospective teachers would spend to pursue a teaching credential, waiving these fees are unlikely to make a difference in whether individuals decide to become teachers.
https://lao.ca.gov/Publications/Report/4556

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - Three ‑ and four ‑year old children are generally eligible for State Preschool if their family earns at or below the state median income ($109,904 annual income for a family of three and $127,338 annual income for a family of four).
https://lao.ca.gov/Publications/Report/5168

Review of the Funding Determination Process for Nonclassroom-Based Charter Schools

Feb 29, 2024 - Nonclassroom ‑based charter school programs can range from hybrid programs with a combination of on ‑site and off ‑site instruction to fully online virtual academies. (The level of in ‑person and remote instruction that hybrid programs offer vary.)
https://lao.ca.gov/Publications/Report/4870

Overview of K-12 Career Technical Education

Mar 25, 2025 - The state has funded a variety of projects with this funding, including additional partnership academies, online curriculum and resources for CTE courses (CTE Online) administered by Butte COE, a virtual platform for career explorati on and counseling (California Career Center) administered by the San  Joaquin COE, and various grants for CTE ‑related professional development.
https://lao.ca.gov/Publications/Report/5021

A Review of the CalSTRS Funding Plan: Background

Feb 2, 2016 - That is, the assets held by the fund at any one time have been insufficient to cover benefits earned to that date. As of the most recent estimates, CalSTRS would need an additional $72.7 billion in its investment fund to pay for teacher pension benefits earned as of the end of 2013-1 4.
https://lao.ca.gov/Publications/Report/3332

A Review of the CalSTRS Funding Plan: CalSTRS Funding Plan Relies on Abstract Calculation

Feb 2, 2016 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/3333

The 2025-26 Budget: Department of Developmental Services

Mar 5, 2025 - For the period spanning from January  1,  2025 through June 30, 2026, providers can earn the quality incentive portion of rate models by enrolling in DDS ’s new Provider Directory. The Provider Directory is an online portal that will store and display information about service providers statewide.
https://lao.ca.gov/Publications/Report/5008

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - The reason for the reduction is the recent voter approval of Proposition  35 (2024), which requires the state to spend less MCO tax money on offsetting General Fund spending and more money on provider rate increases.
https://lao.ca.gov/Publications/Report/4951

The 2017-18 Budget: Initial Comments on the Governor’s May Revision

May 13, 2017 - The Governor ’s proposes borrowing $6 billion from the state investment pool —an account that invests money from the state and local governments —and use this money to pay down a small portion of state pension liabilities.
https://lao.ca.gov/Publications/Report/3669