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

Jan 13, 2025 - These total roughly $700  million. Finally, the Governor sets the balance of the Special Fund for Economic Uncertainties to $4.5   billion —somewhat higher than the level enacted by recent budgets. Revenue Estimates Reasonable, but Risks Must Be Kept in Focus.
https://lao.ca.gov/Publications/Report/4951

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

Jan 14, 2019 - Although over the long term the districts ’ CalSTRS rate would be only slightly lower than it would be otherwise, the value of a making a $ 700  m illion unfunded liability payment now would grow over time.
https://lao.ca.gov/Publications/Report/3916