The 2025-26 Budget: Department of Financial Protection and Innovation

Apr 3, 2025 - However, the accounting firm ’s evaluation of DFPI ’s established programs found an additional $30  million in unfunded balances across established subprograms that are not in the administration ’s proposed bill.
https://lao.ca.gov/Publications/Report/5025

Labor Agreements to Achieve Budgetary Savings

Jul 11, 2025 - Since June 30, 2025, the administration signed tentative agreements with Bargaining Units 10 (Professional Scientists) and 16 (Physicians, Dentists, and Podiatrists). The Unit 16 agreement is a proposed successor MOU to the expired Unit 16 MOU.
https://lao.ca.gov/Publications/Report/5063

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - Specifically, the contributions would be suspended from July 1, 2025 through June 30, 2027. Telework Stipend. The agreement would end the telework stipend effective June 30, 2025. Vacation and Annual Leave Cap.
https://lao.ca.gov/Publications/Report/5061

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - As of June 30, 2023, the state and Unit 16 have set aside $78 million to prefund the benefit and the unfunded liability associated with Unit 16 is $365 million. The most recent actuarial valuation of Unit 16 retiree health benefits (as of June 30, 2023) estimates that the Unit 16 funding plan is now on track to fully fund Unit 16 retiree health benefits by 2042.
https://lao.ca.gov/Publications/Report/5064

Labor Agreements to Achieve Budgetary Savings [Publication Details]

Jul 11, 2025 - In total, the administration and 19 of the state’s bargaining units were able to enter into agreements by midnight on June 30, 2025. The purpose of this analysis is to serve as a historical record of these legislatively ratified labor agreements with the 19 bargaining units.
https://lao.ca.gov/Publications/Detail/5063

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Jun 27, 2025 - The current MOU is scheduled to be in effect through June 30, 2026. The proposed agreement would extend the term of the MOU an additional year, through June 30, 2027. Change Scheduled Top Step Pay Increase to General Salary Increase (GSI).
https://lao.ca.gov/Publications/Report/5060

Proposed Changes in UC's Base Funding [EdBudget]

May 18, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $241 million and a Year 5 base increase of $254 million. b Reflects a deferred Year 4 increase of $31 million and a Year 5 increase of $30 million. c Reflects various small ongoing and one-time adjustments. d Reflects the restoration of a $125 million one-time reduction applied in 2024-25,
https://lao.ca.gov/Education/EdBudget/Details/970

This measure requires public schools to provide each student with 30 hours of education on environmental sustainability and sustainable best practices every two years. [Ballot]

Mar 25, 2025 - This measure requires public schools to provide each student with 30 hours of education on environmental sustainability and sustainable best practices every two years. Topics may focus on scientific or skills-based knowledge related to environmental sustainability practices.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-001

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - As of June 30, 2023, the state and Unit 6 have set aside $1.7 billion in assets to prefund the benefit and the unfunded liability associated with Unit 6 is $15.4 billion. Based on the most recent valuation, the Unit 6 benefit remains on track to be fully funded by 2048.
https://lao.ca.gov/Publications/Report/5058

The 2025-26 Budget: Child Care and State Preschool

Mar 28, 2025 - Reimbursement Flexibility Set to Expire June  30, 2025. Although the state initially enacted this reimbursement flexibility during the pandemic, the policy was later extended. Most recently, the 2023 ‑24 budget extended the flexibilities until June  30, 2025.
https://lao.ca.gov/Publications/Report/5024