The 2024-25 Budget: Proposition 2 Debt Payment Proposals [Publication Details]

Mar 20, 2024 - The 2024-25 Budget: Proposition 2 Debt Payment Proposals [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/4887

The 2024-25 Budget: Proposition 2 Debt Payment Proposals

Mar 20, 2024 - Proposition 2 Proposition   2 Contains Annual Debt Payment Requirement. Proposition  2 created new rules regarding: (1)  deposits into the state ’s rainy ‑day fund and (2)  accelerating payments toward certain eligible debts.
https://lao.ca.gov/Publications/Report/4887

Unit 2 (Attorneys) MOU Analysis [Publication Details]

Aug 25, 2022 - Unit 2 (Attorneys) MOU Analysis [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/4619

Unit 2 (Attorneys) MOU Analysis

Aug 25, 2022 - Unit 2 (Attorneys) MOU Analysis August 25, 2022 Unit 2 (Attorneys) MOU Analysis On August 22, 2022, our office received a proposed memorandum of understanding (MOU) between the state and Bargaining Unit 2 (Attorneys and Hearing Officers).
https://lao.ca.gov/Publications/Report/4619

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - Further, it creates a precedent for (1)  other bargaining units this year to adopt similar actions and (2)  future Governors to see this action as an acceptable trade-off to address future budget problems.
https://lao.ca.gov/Publications/Report/5058

The 2025-26 Budget: Concession Bargaining

May 19, 2025 - The MOUs with seven of the state ’s bargaining units are scheduled to expire by July 2, 2025, meaning that they will be expired for the duration of 2025-26. The seven units are Unit 2 (attorneys and hearing officers), 6 (corrections), 9 (professional engineers), 13 (stationary engineers), 16 (physicians, dentists, and podiatrists) 18 (psychiatric technicians), and 19 (health and social services/professional).
https://lao.ca.gov/Publications/Report/5047

The 2025-26 Budget: Concession Bargaining [Publication Details]

May 19, 2025 - This is our analysis of the Governor’s May Revision proposal to (1) not fund scheduled pay increases to state employees established in ratified labor agreements and (2) authorize the Department of Finance (DOF) to impose reductions to employee compensation if collective bargaining agreements to achieve savings are not in place by July 1, 2025.
https://lao.ca.gov/Publications/Detail/5047

The 2017-18 Budget: Governor’s CalPERS Borrowing Proposal

May 16, 2017 - For much of the late 1990s and 2000s, the yield averaged around 6  percent, although it fell after the dot-com bust and ensuing recession in the early 2000s. After the rate fell in 2008, it has remained near zero as inflation and U.S.
https://lao.ca.gov/Publications/Report/3673

MOU Fiscal Analysis: Bargaining Unit 10 (Professional Scientific)

Aug 14, 2024 - Effective the first day of the pay period following ratification of the agreement, the agreement specifies that employees in specified classifications who achieve and maintain a (1)  Certified Associate Industrial Hygienist Credential would receive a pay differential of 2  percent of base pay and (2)  Certified Industrial Hygienist Credential would receive a pay differential of 3  percent of base pay.
https://lao.ca.gov/Publications/Report/4918

MOU Fiscal Analysis: Bargaining Unit 5 (Highway Patrol)

Aug 23, 2024 - However, the state regularly appropriates SPPs to satisfy General Fund constitutional debt repayments required under Proposition 2 (2014) to the four pension plans other than Highway Patrol. Highway Patrol is excluded from these Proposition 2 SPPs because Highway Patrol is funded entirely by non-General Fund state funds.
https://lao.ca.gov/Publications/Report/4920