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

Feb 15, 2022 - Then, any additional state funding could be better targeted to fill any funding gaps, provide any necessary state matching funds to maximize federal funds, and ensure funding is distributed across projects of different types at all ports statewide in a manner consistent with the Legislature’s priorities.
https://lao.ca.gov/Publications/Report/4540

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

Feb 15, 2022 - Should the Legislature instead wish to provide immediate tax relief, one option to consider would be to provide employers state UI tax credits to offset their upcoming costs to repay the federal  loan.
https://lao.ca.gov/Publications/Report/4543

The 2022-23 Budget: Assessing Proposals to Address Unemployment Insurance Fraud

Feb 15, 2022 - The state hired ID.me to confirm workers ’ identities using so ‑called “one ‑to ‑one ” face matching; that is, when a computer algorithm matches the photo or video submitted by the worker to the worker ’s identification card.
https://lao.ca.gov/Publications/Report/4542

Repaying the State’s Federal Unemployment Insurance Loan

May 26, 2021 - In this post, we (1)  provide an overview of the state ’s UI system financing, (2)  highlight how the pandemic affected the UI system, (3)  look ahead to upcoming costs to employers and the state to repay the federal UI loan, and (4)  assess the Governor ’s proposed $1.1  billion pre-payment.
https://lao.ca.gov/Publications/Report/4442

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

Jan 13, 2023 - The Budget Problem A budget problem —also called a deficit —occurs when resources for the upcoming budget are insufficient to cover the costs of currently authorized services. Because the State Constitution requires the state to pass a balanced budget, the Governor must propose solutions when the administration estimates the state faces a budget problem.
https://lao.ca.gov/Publications/Report/4662

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

Feb 10, 2021 - Under federal law (42 United States Code Section 1322), states are eligible to delay upcoming interest payments on federal UI trust fund loans under certain circumstances. Specifically, if the average state unemployment rate exceeded 7. 5  p ercent during the first six months of the prior calendar year (in this case, January through June 2020), the state may pay 25  p ercent of the interest due.
https://lao.ca.gov/Publications/Report/4360

The 2022-23 Budget: UC Climate-Related Proposals

Feb 16, 2022 - Specifically, we recommend the Legislature set forth clear goals, the types of grants to be offered, grant amounts, matching requirements, grant duration, performance measures and milestones, and reporting requirements.
https://lao.ca.gov/Publications/Report/4538

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - Matching Employer and Employee Contributions to Prefund Retiree Health Benefits. Prior to 2015-16, the state made no regular contributions to prefund retiree health benefits. Beginning in 2015-16, the state began implementing through the collective bargaining process a statewide change in its retiree health benefit that (1)  required the state and employees each to contribute
https://lao.ca.gov/Publications/Report/5047

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - In the case of retiree health benefits, the state pays a percentage of pay towards normal cost (specified in labor agreements and matched by employees) to prefund the benefit and it pays the unfunded liability on a “pay-as-you-go ” basis where it pays out the claims cost for existing retirees.
https://lao.ca.gov/Publications/Report/4800