March 29, 2022 - Presented to the Assembly Budget Subcommittee No. 4 on State Administration and the Assembly Committee on Jobs, Economic Development, and the Economy.
April 3, 2020 - This post in our COVID-19 series on federal actions affecting California summarizes federal financial assistance provided to businesses.
February 13, 2020 - This report assesses the Governor’s major 2020-21 budget proposals related to climate change. The four proposals we evaluate are the Governor's (1) cap-and-trade expenditure plan ($965 million), (2) expanded climate adaptation research and technical assistance activities ($25 million), (3) new Climate Catalyst loan fund ($250 million), and (4) climate bond ($4.75 billion).
September 23, 2021 - This post discusses features of the state's spending plan that were not covered elsewhere in the 2021-22 Spending Plan series.
January 26, 2022 - This 2022-23 budget post provides background on federal COVID-19 business assistance programs and describes the Governor’s proposal to modify state tax laws as they relate to some of these grant programs. This post also provides some comments to the Legislature on the Governor’s proposal.
February 18, 2020 - Presented to: Senate Budget and Fiscal Review Committee Hon. Holly J. Mitchell, Chair
August 13, 1996 - (1) California’s Transportation Finance Bank, and (2) Economic and Revenue Developments
April 14, 2011 - This letter is a statutorily-required analysis of the community development financial institution (CDFI) tax credit programs.
January 10, 2019 - In the event of a large-scale disaster, state and local governments, individuals and households, and businesses all can face damage to their properties and other possessions. Many of these losses ultimately are borne by these entities or individuals, their insurance, or the parties deemed responsible for the disaster, if applicable. However, both the federal government and the State of California provide various types of financial and in-kind assistance following certain disasters to offset some of the costs associated with recovering from disasters. Notably, the type of federal and state assistance that is available can vary by disaster, with some assistance only available in the aftermath of larger state or federally declared disasters. In this post, we summarize some of the major types of recovery assistance that can be available.
November 8, 2023 - This post discusses features of the state's spending plan that were not covered elsewhere in the 2023-24 Spending Plan series.
October 5, 2020 - Each year, our office publishes the California Spending Plan to summarize the annual state budget. This publication provides an overview of the 2020‑21 Budget Act, provides a short history of the notable events in the budget process, and then highlights major features of the budget approved by the Legislature and signed by the Governor. All figures in this publication reflect the administration’s estimates of actions taken through June 30, 2020, but we have updated the narrative to reflect actions taken later in the legislative session. In addition to this publication, we have released a series of issue‑specific posts providing more detail on various programmatic aspects of the budget.
August 29, 2017 - Presented to: Select Committee on Youth and California’s Future and Assembly Committee on Banking and Finance
February 5, 2021 - This publication provides detailed information and our initial comments on each component of the Governor's 2021-22 package of proposals—totaling $1 billion—to reduce the risk of severe and damaging wildfires. (See also our publication The 2021-22 Budget: Wildfire Resilience Package for an overview of and our initial comments on the package.)
January 1, 1989 - This report, submitted pursuant to the Supplemental Report of the 1988 Budget Act, contains our findings and recommendations concerning the State Assistance Fund for Energy, California Business and Industrial Development Corporation (SAFE-BillCO). Specifically, the Supplemental Report directed our office to evaluate SAFE-BillCO's performance in meeting its original statutory goals and to determine the cost-effectiveness of providing financial assistance to small businesses through the use of federal loan guarantees as opposed to other forms of state assistance.
February 15, 2018 - In this analysis, we recommend one modification to the Governor's proposed 2018-19 budget for the California Alternative Energy and Advanced Transportation Authority: modify the one-time $8.2 million appropriation in 2018-19 by instead providing specific reimbursement authority over a three-year period, plus budget bill language giving the Department of Finance authority to increase spending authority with 30-day notification to the Joint Legislative Budget Committee.
January 19, 2021 - In this brief we assess how coronavirus disease 2019 (COVID-19) has affected renters and homeowners. We also provide an updated estimate of the total unpaid rental debt in California that has accumulated due to COVID-19.
Correction 1/19/21: Legend on Figure 3 corrected to match data.