A Review of the CalSTRS Funding Plan: Theoretical Investment Gains Have Shifted Unfunded Liabilities to Districts

Feb 2, 2016 - As described in our second post , the state’s share of CalSTRS’ unfunded liabilities is based on an estimate of what CalSTRS’ funding shortfall would be today if the state made different decisions about teacher pensions in the past.
https://lao.ca.gov/Publications/Report/3334

The 2021-22 Budget: School Mental Health

Feb 12, 2021 - As a result, existing partnerships are better positioned to apply for the matching funds. Number of Projects Likely to Receive Matching Funds Is Uncertain. Because the proposal requires CDE to match eligible projects dollar for dollar, a handful of large counties with high ‑cost projects could receive the matching grants and entirely exhaust all available funding.
https://lao.ca.gov/Publications/Report/4368

CalSTRS Funding: An Update

May 5, 2017 - For example, if CalSTRS ’ real world portfolio grows by $10  billion, the calculation gives the state the benefit of a roughly $11  billion gain. Of course, the opposite is true as well. When CalSTRS records an investment loss —as they did in 2015 ‑ 16 —the loss to the theoretical investment portfolio is larger than the real world loss, making the state share of
https://lao.ca.gov/Publications/Report/3662

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

Feb 2, 2016 - In general, the state will pay for these smaller theoretical unfunded liabilities —as determined by the calculation —while districts will pay the difference between total real world unfunded liabilities and the state ’s share.
https://lao.ca.gov/Publications/Report/3333

A Review of the CalSTRS Funding Plan: Funding Plan May Not Meet Principle of “Shared Responsibility”

Feb 2, 2016 - As we described in our third post , the abstract calculation central to the funding plan implementation gives the state the benefit of theoretical investment gains that do not exist in the real world.
https://lao.ca.gov/Publications/Report/3337

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - However, based on our analysis, the $5,000 teachers receive under the current grants —$2,500 from the state and $2,500 from the district match —are sufficient to cover the costs of obtaining an authorization.
https://lao.ca.gov/Publications/Report/5153

A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - In our third post , we showed how the funding plan’s key calculation gives the state the benefit of theoretical investment gains that do not exist in the real world. For example, if CalSTRS’ real world portfolio grows by $10 billion, the calculation gives the state the benefit of a roughly $12 billion gain.
https://lao.ca.gov/Publications/Report/3336

Overview of K-12 Career Technical Education

Mar 25, 2025 - Grantees that receive funding from both programs must set aside local matching funds for each program, as funding from one program cannot be counted as a local match for the other. (Both programs allow grantees to use other CTE categorical funding as a local match.)
https://lao.ca.gov/Publications/Report/5021

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - As a condition of receiving CCDF, the state must comply with a number of requirements, such as providing some matching funding as well as spending at least 12 percent of CCDF funds on quality improvement activities.
https://lao.ca.gov/Publications/Report/5168

The 2019-20 Budget: Creating an Integrated Education Data System

May 6, 2019 - A federated system requires the segments to perform a data match every time a query is made —requiring them to respond to every individual data request. With a data warehouse, once the data are uploaded and matched, the data are available for staff to respond to any number of queries simultaneously.
https://lao.ca.gov/Publications/Report/4026