Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - State and local governments have until December 31, 2024 to use the funds. Restrictions on Use of Funds. There are two restrictions on the use of the fiscal recovery funds. First, state and local governments are prohibited from using the funds to make supplemental pension payments.
https://lao.ca.gov/Publications/Report/4407

MOU Analysis: Unit 10 (Professional Scientific)

Jan 30, 2023 - This approach is less expensive than giving employees a 3.5  percent salary increase because a $1 increase in salary increases state costs by $1 plus the cost of salary-driven benefits (pension, Social Security, Medicare, and retiree health prefunding under the current structure).
https://lao.ca.gov/Publications/Report/4665

The 2019-20 May Revision: Analysis of the May Revision Education Proposals

May 15, 2019 - To prioritize limited resources, the state could continue to address its unfunded pension liability at CalPERS or CalSTRS before focusing on UCRP. For both CalPERS and CalSTRS, the state has a clearer responsibility to address unfunded liabilities, as the state sets associated pension benefits and contribution rates.
https://lao.ca.gov/Publications/Report/4048

The 2024-25 Budget: Department of Social Services Immigration and Equity Programs

Mar 15, 2024 - California State University Immigration Legal Services In 2018-19, State Expanded Funding for Immigrant Populations Across CSU Campuses. Since 2018-19, the state has provided an annual allocation of $7  million General Fund to provide immigration legal services at all 23 CSU campuses through the California State University Immigration Services Project (CISP).
https://lao.ca.gov/Publications/Report/4885

Annual Revision Shows State Added Few Jobs Last Year [EconTax Blog]

Mar 13, 2024 - Annual Revision Shows State Added Few Jobs Last Year [EconTax Blog] Annual Revision Shows State Added Few Jobs Last Year March 13, 2024 Chas Alamo Federal Officials Rebench Monthly Jobs Figures Each Year to Match Payroll Records.  
https://lao.ca.gov/LAOEconTax/Article/Detail/801

Annual Revision Shows State Added Few Jobs Last Year [EconTax Blog]

Mar 13, 2024 - Annual Revision Shows State Added Few Jobs Last Year [EconTax Blog] Annual Revision Shows State Added Few Jobs Last Year March 13, 2024 Chas Alamo Federal Officials Rebench Monthly Jobs Figures Each Year to Match Payroll Records.  
https://lao.ca.gov/LAOEconTax/article/Detail/801

The 2024-25 Budget: CalFire—Implementation of a 66-Hour Workweek

Mar 19, 2024 - First, the provision establishes a large policy change that affects how the state compensates its employees and how the state combats wildfires with minimal detail and significant deference to the joint labor management committee process.
https://lao.ca.gov/Publications/Report/4886

The 2023-24 Budget: California's Fiscal Outlook

Nov 16, 2022 - The net effect of these assumptions is that the outlook assumes that state pension contribution rates are significantly higher than the projected rates published in CalPERS ’ most recent actuarial valuation.
https://lao.ca.gov/Publications/Report/4646

Increasing Transparency of County Office of Education Spending

Mar 14, 2024 - Statute Requires COEs to Set Goals in State Priority Areas. For each of the state and local measures, statute requires COEs to establish performance targets for its students, student subgroups, and schools.
https://lao.ca.gov/Publications/Report/4883

Proposition 1 [Ballot]

Mar 5, 2024 - Proposition  1 allows the state to sell $6.4  billion in new bonds. Bonds are a way that the state borrows money and then repays the money plus interest over time. For more information about bonds, see “Overview of State Bond Debt ” later in this guide.
https://lao.ca.gov/BallotAnalysis/Proposition?number=1&year=2024