The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - In addition, the state is providing in 2021 ‑22 about $300  million Proposition  98 General Fund directly to community colleges for noncredit (adult education) instruction, which also includes health care training programs and English as a second language classes.
https://lao.ca.gov/Publications/Report/4572

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

Jan 13, 2023 - While the fiscal impact of this reauthorization would be small in the budget window —an estimated $300  million in 2023 ‑ 24 —the effect would be much larger in future years, rising to roughly $2  billion in General Fund savings as early as 2024 ‑25.
https://lao.ca.gov/Publications/Report/4662

The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan

Feb 10, 2021 - As a Result, Governor ’s Budget Overstates Interest Payment by Roughly $300   Million. We estimate the state ’s first interest payment on federal UI loans will total roughly $ 260  m illion. This amount is roughly $ 300  m illion less than the amount estimated by the administration.
https://lao.ca.gov/Publications/Report/4360

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - If these pay increases were extended to excluded employees affiliated with Unit 5, the pay increases would increa se annual state costs by around $300  million by 2026-27. Other Provisions Related to Pay Resident Post Incentive Pay.
https://lao.ca.gov/Publications/Report/4920

Unit 2 (Attorneys) MOU Analysis

Aug 25, 2022 - Notably, nearly 90 percent of Unit 2 work in one of the regions where CalHR identified the state’s compensation lags local governments. Top Step Pay Increases Likely Will Not Address Possible Recruitment Issues.
https://lao.ca.gov/Publications/Report/4619

MOU Analysis: Unit 10 (Professional Scientific)

Jan 30, 2023 - These 15 bargaining units include bargaining units represented by the state ’s two largest unions (Local 1000, which represents nine bargaining units, and the California Correctional Peace Officers Association, which represents Unit 6) and account for more than 80  percent of the state workforce and nearly 90  percent of the state ’s General Fund payroll costs.
https://lao.ca.gov/Publications/Report/4665

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

Feb 15, 2022 - The two centers would also create additional capacity for 300 additiona l commercial drive tests per month. If the requested funding is approved, DMV expects the two new centers to open by spring 2023.
https://lao.ca.gov/Publications/Report/4540

Unit 9 (Professional Engineers) MOU Analysis

Aug 25, 2022 - The proposed agreement would provide a $300 monthly pay differential to all employees in the Transportation Surveyor, Caltrans classification (Class Code 3029 ). The agreement specifies that this pay differential shall not be considered as compensation for purposes of calculating retirement benefits.
https://lao.ca.gov/Publications/Report/4620

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - This would have the effect of reducing state General Fund costs by about $90  million to $100  million in 2024 ‑25. Maximizing Savings in the Multiyear The main benefit of this alternative is that it would help address the state ’s multiyear deficits.
https://lao.ca.gov/Publications/Report/4887

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - Under this formula, the maximum income replacement ratio a retiree may receive is 90 percent of their final compensation (defined as compensation over a 12-month period) after attaining 30 years of service credit.
https://lao.ca.gov/Publications/Report/4800