Strengthening the CalSTRS Funding Plan

Mar 10, 2021 - Appendix Glossary of Key Terms Related to Pension Funds Throughout this report, we refer to terms commonly used when describing pension funds. We define those key terms here, in reference to the California State Teachers ’ Retirement System (CalSTRS).
https://lao.ca.gov/Publications/Report/4400

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Across all of the agreements, the budget assumes that these agreements reduce state departmental costs by $750 million ($370 million General Fund). Agreements Shift General Fund Costs From Retiree Health Prefunding to Pension Liabilities.
https://lao.ca.gov/Publications/Report/5081

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - This amount includes $626  million from 150  state entities that must report DVBE participation under state law (such as state government departments and agencies, which OSDS refers to as “mandatory reporters ”), and $117  million from 31 state entities that report voluntarily (such as universities, departments headed by constitutional officers and other independent state entities).
https://lao.ca.gov/Publications/Report/5095

The 2025-26 California Spending Plan: Other Provisions [Publication Details]

Oct 16, 2025 - This post discusses features of the state's spending plan that were not covered elsewhere in the 2025-26 Spending Plan series.
https://lao.ca.gov/Publications/Detail/5081

The 2025-26 Budget: The California State Payroll System IT Project [Publication Details]

Mar 7, 2025 - The 2025-26 Budget: The California State Payroll System IT Project [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5011

The 2025-26 Budget: The California State Payroll System IT Project

Mar 7, 2025 - These aging systems make it difficult for the state to, for example, change how state employee payroll is calculated and disbursed based on updates to federal and state law. For over two decades, SCO —which is responsible for issuing pay to the state workforce —has led state efforts to plan, develop, and implement a new state payroll system.
https://lao.ca.gov/Publications/Report/5011

The 2025-26 Budget: Business, Consumer Services and Housing Agency Reorganization

Feb 25, 2025 - Figure 1 California ’s Seven State Agencies Vary in Size 2024 ‑25 Enacted Budget (Dollars in Thousands) State Agency Business, Consumer Services and Housing 3,443,387 161,995 a State funds include General Fund, special funds, and bond funds.
https://lao.ca.gov/Publications/Report/4987

The 2024-25 Budget: Proposed Reductions to State Operations

May 21, 2024 - Difficult to Achieve Savings Without Affecting State Employees. Employee compensation is a significant portion of state operation expenditures. In some departments, more than 80  percent of state operation expenditures are for state employee salaries and benefits.
https://lao.ca.gov/Publications/Report/4903

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

Jan 13, 2022 - The Legislature could use the funding it frees up from funding fewer proposals to address district cost pressures (such as rising pension costs), or it could set this funding aside in the Proposition  98 Reserve for future allocation.
https://lao.ca.gov/Publications/Report/4492

The 2025-26 Budget: Department of Real Estate [Publication Details]

Mar 19, 2025 - In this post, we assess key drivers of the structural imbalance of the Department of Real Estate’s primary source of funding—the state Real Estate Fund—and make recommendations to help ensure solvency.
https://lao.ca.gov/Publications/Detail/5019