The 2020-21 Budget: Staffing to Address New Independent Contractor Test [Publication Details]

Feb 11, 2020 - The 2020-21 Budget: Staffing to Address New Independent Contractor Test [Publication Details] The 2020-21 Budget: Staffing to Address New Independent Contractor Test Format: HTML Description: The 2020‑21 Governor’s budget includes two labor proposals related to Chapter 296 of 2019 (AB 5, Gonzalez), a new law that limits what types of work businesses can hire independent contractors to do.
https://lao.ca.gov/Publications/Detail/4151

The 2020-21 Budget: Staffing to Address New Independent Contractor Test

Feb 11, 2020 - Analysis Predicting AB  5 Workload Difficult at This Early Stage . . . As we noted earlier, at this time we cannot predict how many contractors will be reclassified and hired as employees due to AB  5.
https://lao.ca.gov/Publications/Report/4151

Proposed Changes in UC's Base Funding [EdBudget]

May 18, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $241 million and a Year 5 base increase of $254 million. b Reflects a deferred Year 4 increase of $31 million and a Year 5 increase of $30 million. c Reflects various small ongoing and one-time adjustments. d Reflects the restoration of a $125 million one-time reduction
https://lao.ca.gov/Education/EdBudget/Details/970

California New Car Registrations: April 2025 [EconTax Blog]

Jun 10, 2025 - Seasonally adjusted new car registrations grew 5 percent from February to March, then another 4 percent from March to April. With this strong growth, registrations reached their highest level in nearly three years.
https://lao.ca.gov/LAOEconTax/Article/Detail/832

California New Car Registrations: April 2025 [EconTax Blog]

Jun 10, 2025 - Seasonally adjusted new car registrations grew 5 percent from February to March, then another 4 percent from March to April. With this strong growth, registrations reached their highest level in nearly three years.
https://lao.ca.gov/LAOEconTax/article/Detail/832

Cannabis Tax Revenue Update (2025 Q1) [EconTax Blog]

Jun 3, 2025 - Looking further ahead, our preliminary revenue projection for 2025-26 is $732 million, which is just $5 million above the administration ’s May forecast. Both our forecast and the administration ’s reflect the statutorily required tax increase noted above.
https://lao.ca.gov/LAOEconTax/article/Detail/831

Cannabis Tax Revenue Update (2025 Q1) [EconTax Blog]

Jun 3, 2025 - Looking further ahead, our preliminary revenue projection for 2025-26 is $732 million, which is just $5 million above the administration ’s May forecast. Both our forecast and the administration ’s reflect the statutorily required tax increase noted above.
https://lao.ca.gov/LAOEconTax/Article/Detail/831

Changes to CSU's Base Funding Over Next Three Years [EdBudget]

May 19, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $252 million and a Year 5 base increase of $265 million. b Reflects restoration of $75 million one-time reduction applied in 2024-25.
https://lao.ca.gov/Education/EdBudget/Details/971

The 2025-26 Budget: Multiyear Budget Outlook

May 24, 2025 - Specifically, our revenue estimates exceed the administration ’s estimates by $5  billion to $7  billion annually from 2026-27 to 2028-29 —differences we consider very minor given the size of the budget and uncertainty in revenue forecasting.
https://lao.ca.gov/Publications/Report/5052

California New Car Registrations: March 2025 [EconTax Blog]

May 9, 2025 - Seasonally adjusted new car registrations grew 5 percent from February to March. With this strong growth, March was the fourth highest monthly count of registrations in the last two years. As we track data for the next few months, we will see if this growth continues or if it was a transitory bump in anticipation of tariffs.
https://lao.ca.gov/LAOEconTax/article/Detail/828