MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - An unfunded liability exists when the projected value of pension benefits earned to date exceeds the projected assets of the pension system. While the state shares normal cost with employees, unfunded liabilities generally are the state ’s responsibility.
https://lao.ca.gov/Publications/Report/4920

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Funds would be allocated to specific projects through a competitive process. Projects eligible for funding include port‑specific projects, intermodal railyard expansion and electrification, goods movement railway corridor capacity projects, grade separations, and zero‑emission goods movement demonstration projects.
https://lao.ca.gov/Publications/Report/4540

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - The Legislature also knows that other relevant changes, such as the transition of seasonal firefighter positions to permanent ones, will increase General Fund costs in future fiscal years with projected multibillion-dollar deficits.
https://lao.ca.gov/Publications/Report/5066

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - Projections at the time indicated that the benefit would be fully funded by 2046. Under the plan, the assets of the trust fund cannot be used to pay for the benefit until 2046 or whenever the benefit is fully funded, whichever comes first.
https://lao.ca.gov/Publications/Report/5061

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - Projections at the time indicated that the benefit would be fully funded by 2046. Under the plan, the assets of the trust fund cannot be used to pay for the benefit until 2046 or whenever the benefit is fully funded, whichever comes first.
https://lao.ca.gov/Publications/Report/5058

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

Jan 13, 2023 - Both our office and the administration project that the state faces a manageable budget problem this year. The Governor addresses the budget problem primarily with spending ‑related solutions, as shown in the figure below.
https://lao.ca.gov/Publications/Report/4662

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Employer Contributions for “Unfunded Liabilities. ” An unfunded liability means that the projected value of pension benefits earned to date exceeds the projected assets of the pension system. While the state shares normal cost with employees, unfunded liabilities generally are the state ’s responsibility.
https://lao.ca.gov/Publications/Report/4887

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

Jul 14, 2025 - Projections at the time indicated that the benefit would be fully funded by 2046. Under the plan, the assets of the trust fund cannot be used to pay for the benefit until 2046 or whenever the benefit is fully funded, whichever comes first.
https://lao.ca.gov/Publications/Report/5064

The 2022-23 Budget: State Payments on the Federal Unemployment Insurance Loan

Feb 15, 2022 - Figure 3 Looking Ahead at State Costs to Repay the Federal UI Loan LAO Projections (In Millions)
https://lao.ca.gov/Publications/Report/4543

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - Climate models project that by mid‑century, Los Angeles County will experience an average of nine days of extreme heat per year, growing to 12 days per year by the final decades of the century. In contrast, Sacramento County is projected to experience 20 days per year of extreme heat by mid‑century and 28 days annually by the end of the century.
https://lao.ca.gov/Publications/Report/4575