The government plan of California. [Ballot]

Mar 31, 2026 - Pursuant to subsection (c) of Section 9005 of the Elections Code, we are informing you that, in our opinion, a reasonable estimate of the net fiscal impact of this proposed initiat ive measure cannot be prepared within 50 calendar days.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-003

Revising the State Constitution. [Ballot]

Mar 24, 2026 - Pursuant to subsection (c) of Section 9005 of the Elections Code, we are informing you that, in our opinion, a reasonable estimate of the net fiscal impact of this proposed initiat ive measure cannot be prepared within 50 calendar days.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-002

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - (Under the policy, the state continues to make pay-as-you-go payments for benefits received by retirees.) The money contributed by the state and employees to prefund the benefit is put in a trust fund.
https://lao.ca.gov/Publications/Report/5061

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

Jul 14, 2025 - (Under the policy, the state continues to make pay-as-you-go payments from the General Fund for benefits received by retirees.) The money contributed by the state and employees to prefund the benefit is put in a trust fund.
https://lao.ca.gov/Publications/Report/5064

MOU Fiscal Analysis: Bargaining Unit 12 (Craft and Maintenance)

Jun 27, 2025 - (Under the policy, the state continues to make pay-as-you-go payments for benefits received by retirees.) The money contributed by the state and employees to prefund the benefit is put in a trust fund.
https://lao.ca.gov/Publications/Report/5060

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - (Under the policy, the state continues to make pay-as-you-go payments for benefits received by retirees.) The money contributed by the state and employees to prefund the benefit is put in a trust fund.
https://lao.ca.gov/Publications/Report/5058

Mental Health Services Act: Proposed Bond to Fund Behavioral Health Facilities and Veterans Housing

Aug 17, 2023 - Pay-As-You-Go. Under the pay-as-you-go approach, the state funds infrastructure up front through direct appropriations of tax and fee revenues. Pay-as-you-go spending from special funds makes up a significant share of the state ’s infrastructure spending, primarily in the transportation sector.
https://lao.ca.gov/Publications/Report/4790

MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician)

Sep 9, 2025 - For most of the more than six decades that the state has offered its employees retiree health benefits, the state did not prefund the benefit but instead paid the cost on a pay-as-you-go basis after employees retired.
https://lao.ca.gov/Publications/Report/5073

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - How Do You Focus Your Efforts? The Legislature cannot reasonably undertake in-depth oversight of all state programs in one budget season. As such, the Legislature must determine how to focus its efforts so as to provide information that would be most helpful in making future budget decisions.
https://lao.ca.gov/Publications/Report/4983

The 2021-22 Budget: University Capital Outlay

Mar 5, 2021 - It estimates its total debt service and pay ‑as ‑you ‑go spending on academic facility projects would be $ 197  m illion in 2021 ‑22, equating to about 5  p ercent of its General Fund support appropriation.
https://lao.ca.gov/Publications/Report/4395