EdSource’s new report on pension costs for California school districts details how financial obligations for districts doubled over the course of four years. After obtaining pension data from CDE, EdSource looked at traditional K-12 district general fund expenditures for the CalPERS and CalSTRS state pension funds for 2013-14 and 2017-18.
But accounting changes in 2014-15 shifted the way districts show pension spending in their reports. The change made it incorrect to compare 2013-14 expenditures to 2017-18 expenditures.
