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

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 14, 2024 - We note that, although the agreement would hold employees ’ take-home pay harmless, because of how salary-driven benefits and other factors are calculated with payroll, this provision would result in a net increase in ongoing state costs of $14  million by the end of the agreement.
https://lao.ca.gov/Publications/Report/4919

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - In addition to the budgetary benefits, governmental employers might be motivated to make supplemental payments to reduce their reported unfunded liabilities, improving their net position. (The Governmental Accounting Standards Board requires public entities to report their pension unfunded liabilities as part of their annual financial statements.)
https://lao.ca.gov/Publications/Report/4887

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - Across the rest of the budget, our estimates of baseline spending —for example, for caseload growth, federal reimbursements, and statutory cost increases —and constitutional requirements —for example, for infrastructure and deposits into reserves —differ , on net, by $800  million.
https://lao.ca.gov/Publications/Report/4662

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

May 16, 2017 - This analysis could also consider alternatives for prepayments in terms of their net benefit. For example, would a prepayment for state retiree health unfunded liabilities have a greater net benefit in the long run?
https://lao.ca.gov/Publications/Report/3673

The 2021-22 May Revision: Golden State Stimulus 2

May 18, 2021 - The Golden State Stimulus program provided $600 payments to low-income households, including recipients of several safety net programs —California Work Opportunity and Responsibility to Kids (CalWORKs), the Supplemental Security Income/State Supplemental Payment program, and the Cash Assistance for Immigrants Program.
https://lao.ca.gov/Publications/Report/4435

The 2014-15 Budget: State Worker Salary, Health Benefit, and Pension Costs [Publication Details]

Mar 4, 2014 - The increased costs reflect pay increases for most state workers, rising health and pension benefit costs, and a net increase in the number of state workers. In this report, we provide an overview of the state workforce, current collective bargaining agreements, and state employee compensation costs in 2014-15.
https://lao.ca.gov/Publications/Detail/2958

Unit 8 (Firefighters) MOU Analysis

Aug 26, 2022 - Administration ’s Fiscal Estimate Administration ’s Fiscal Estimate of Proposed Unit 8 Labor Agreement (In Millions) Change in retiree health prefunding -2.9 $81.2 a Includes the net effect of General Salary Increases and scheduled increase in minimum wage.
https://lao.ca.gov/Publications/Report/4621

MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 [Publication Details]

Jul 15, 2010 - MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 [Publication Details] MOU Fiscal Analysis for Bargaining Units 5, 8, 12, 16, 18, and 19 Format: PDF Description: In our required fiscal analysis of six proposed collective bargaining agreements, we find that the memoranda of understanding (MOUs), if adopted, would produce state savings in 2010-11, little net budgetary impact in 2011-12, and some increasing state costs for one or more years thereafter.
https://lao.ca.gov/Publications/Detail/2334

The 2019-20 Budget: California Spending Plan—Other Provisions

Oct 17, 2019 - The budget provides General Fund support for the initial planning phase —known as the performance criteria —for the renovation of the Resources Building, a roughly 520,000 net useable square feet building.
https://lao.ca.gov/Publications/Report/4101