Update on the Progress of the CalSTRS Funding Plan

Nov 18, 2021 - This update is based on CalSTRS ’ most recent actuarial valuation (for the fiscal year ending June 30, 2020), which reflects investment returns of 3.9 percent, while also considering future impacts of CalSTRS ’ historic investment returns in 2020-21 of 27.2 percent.
https://lao.ca.gov/Publications/Report/4475

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - Although CalSTRS recently reported investment returns far above its long ‑term target, these returns are unlikely to reduce required district contributions. Under the funding plan the Legislature adopted in 2013 ‑14, the state General Fund is responsible for most of the volatility in CalSTRS ’ investment returns.
https://lao.ca.gov/Publications/Report/4473

The 2024-25 Budget: The Governor’s Proposition 98 Funding Maneuver

Feb 15, 2024 - That is, on a daily basis, the state ’s tax agencies collect revenues, the State Controller pays the state ’s bills, and the State Treasurer invests any of the state ’s cash that is currently unused.
https://lao.ca.gov/Publications/Report/4840

Update on the Progress of the CalSTRS Funding Plan [Publication Details]

Nov 18, 2021 - This post provides an update on the progress of the California State Teachers’ Retirement System (CalSTRS) funding plan.
https://lao.ca.gov/Publications/Detail/4475

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - While this seems like a reasonable strategy, whether the short ‑term options proposed by the administration are most effective, especially in the context of what the state already has invested towards housing and homelessness infrastructure, is unclear.
https://lao.ca.gov/Publications/Report/4492

The 2020-21 Budget: Governor’s Computer Science Proposals

Mar 10, 2020 - The 2019 ‑20 budget provided $5.5  million for statewide computer science professional development as part of the Educator Workforce Investment Grant (EWIG). The professional development is intended to provide teachers with computer science learning experiences that support statewide implementation of the standards.
https://lao.ca.gov/Publications/Report/4198

The 2022-23 California Spending Plan: Proposition 98

Oct 24, 2022 - Educator Workforce Investment Grants. The budget provides $35  million for additional Educator Workforce Investment Grants for inclusive instructional methods and effective language acquisition programs for EL students ($20  million), as well as computer science ($15  million).
https://lao.ca.gov/Publications/Report/4641

The 2022-23 Budget: Green School Bus Grants

Feb 10, 2022 - The federal Infrastructure Investment and Jobs Act, enacted in November 2021, contains $5  billion for school bus replacement grants. The U.S. EPA will allocate the funding in installments of $1  billion per year for the next five years.
https://lao.ca.gov/Publications/Report/4525

Climate Change Impacts Across California - Crosscutting Issues

Apr 5, 2022 - Specifically, recent research suggests that communities the federal government designated in the 1930s as “hazardous ” for real estate investment through a process known as redlining tend to experience hotter temperatures and more flood risk than other areas.
https://lao.ca.gov/Publications/Report/4575

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - As we have said previously, a clear, long-term strategy would make it more likely that the state ’s investments would have a meaningful ongoing impact on its housing and homelessness challenges. In addition, several of the Governor ’s proposals focus on the acquisitions and rehabilitation of properties using one-time resources.
https://lao.ca.gov/Publications/Report/4309