The 2024-25 Budget: California's Fiscal Outlook [Publication Details]

Dec 7, 2023 - Each year, our office publishes the Fiscal Outlook in anticipation of the upcoming budget season. The goal of this report is to give the Legislature our independent estimates and analysis of the state’s budget condition as lawmakers begin planning the 2024-25 budget.
https://lao.ca.gov/Publications/Detail/4819

The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - These options, however, tend to be disruptive for school operations, particularly when the state announces them on short notice. In addition, the state ’s options for reductions in 2022 ‑23 are relatively limited because the state has allocated most of the funding attributable to the prior year already.
https://lao.ca.gov/Publications/Report/4819

The 2020-21 Budget: Proposition 98 Education Analysis

Feb 24, 2020 - We analyze the Governor’s proposals for State Preschool in The 2020‑21 Budget: Early Education Analysis. In our January report, The 2020‑21 Budget: School District Budget Trends , we provide detailed information about compensation, staffing, pensions, and other cost pressures affecting school district budgets.
https://lao.ca.gov/Publications/Report/4174

Comparing Core Funding for CSU Under Governor's Budget and May Revision [EdBudget]

May 15, 2021 - Comparing Core Funding for CSU Under Governor's Budget and May Revision [EdBudget] a Includes funding for pensions and retiree health benefits. b Includes funds that CSU uses to provide tuition discounts and waivers to certain students. c Amounts assume no changes to January enrollment estimates.
https://lao.ca.gov/Education/EdBudget/Details/499

The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Reflecting these return assumptions could result in substantially lower state costs, particularly for the teachers ’ pension system. The box nearby has more details on possible future developments in the state ’s pension systems.
https://lao.ca.gov/Publications/Report/4472

California State University Core Funding by Source [EdBudget]

Sep 10, 2021 - California State University Core Funding by Source [EdBudget]   a Includes funding for pensions and retiree health benefits. b Excludes $7 million ongoing General Fund provided to the Department of Social Services for legal services to immigrant students and employees at CSU campuses. c Includes spending appropriated in Section 19.57 of the 2021-22 Budget Act.
https://lao.ca.gov/Education/EdBudget/Details/529

Update on Student Housing Assistance [Publication Details]

May 7, 2024 - This brief provides background on student housing insecurity at the higher education segments, provides an implementation update on the housing assistance provided through the segments’ rapid rehousing and basic needs programs, and recommends changes to statutory reporting requirements for these programs.
https://lao.ca.gov/Publications/Detail/4898

Update on Student Housing Assistance

May 7, 2024 - Update on Student Housing Assistance b State also provided $100 million one ‑time Proposition 98 General Fund. c State provided $15 million one ‑time non ‑Proposition 98 General Fund. State Also Recently Created Student Basic Needs Programs.
https://lao.ca.gov/Publications/Report/4898

The 2020-21 Budget: Proposition 2 Debt Payment Proposals

Mar 10, 2020 - Conclusion In a report to the Legislature last year — The 2019‑20 Budget: Structuring the Budget: Reserves, Debt and Liabilities— we analyzed the Governor’s proposals to make several large supplemental pension payments.
https://lao.ca.gov/Publications/Report/4196

The 2020-21 Budget: Initial Comments on the Governor’s May Revision

May 17, 2020 - Governor Also Proposes Supplanting Pension Payments for Schools and Community Colleges. The 2019 ‑ 20 b udget included two supplemental pension payments —one to the California State Teachers ’ Retirement System (CalSTRS) and one to the California Public Employees Retirement System (CalPERS) —that would reduce district pension contribution rates over the next few decades.
https://lao.ca.gov/Publications/Report/4232