The 2010-11 Budget: Overview of the Governor’s Budget

For example, it is quite unclear if the state can unilaterally—without agreements with its employee unions—increase required employee contributions for CalPERS pensions. While the state’s collective bargaining law explicitly gives the Legislature the authority to not fund some costs—such as salaries—included in state employee collective bargaining agreements, retirement funding decisions are subject to much more stringent legal restrictions.
https://lao.ca.gov/reports/2010/bud/budget_overview/bud_overview_011210.aspx

Personal Income Tax Much More Volatile Than Economy [EconTax Blog]

Dec 8, 2014 - Personal income taxes are the largest state revenue source. As this graphic shows, these taxes are much more volatile than statewide personal income. This is partly because California taxes capital gains, which are especially volatile and mainly go to high-income taxpayers who pay the highest tax rates.
https://lao.ca.gov/LAOEconTax/Article/Detail/8

Home Prices Update: May 2021 [EconTax Blog]

Jun 24, 2021 - All the other large counties in the state are up at least 10 percent, and all but three of those are up at least 15 percent. Source: Zillow
https://lao.ca.gov/LAOEconTax/Article/Detail/668

The 2021-22 May Revision: Golden State Stimulus 2

May 18, 2021 - In recognition of this, the state included payments for undocumented workers in the Golden State Stimulus program discussed below. State Issued First Round of Stimulus Checks Earlier This Year. As part of the early action budget agreement, Chapter  8 of 2021 (SB  88, Committee on Budget and Fiscal Review), the state enacted its own stimulus payment program.
https://lao.ca.gov/Publications/Report/4435

The 2022-23 Budget: The Governor’s Homelessness Plan [Publication Details]

Feb 9, 2022 - This brief provides an update on some major recent state budget actions related to homelessness, describes the Governor’s homelessness budget proposals, and raises issues for the Legislature’s consideration.
https://lao.ca.gov/Publications/Detail/4521

Juvenile dependency proceedings. [Ballot]

Jun 17, 2021 - In addition, some or all of the county costs resulting from increased workload could potentially be shifted to the state. This is beca use the California Constitution generally requires that the state fund child welfare-related cost increases resulting from state legislation.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-004

Building Permits Update: August 2021 [EconTax Blog]

Oct 6, 2021 - Single family activity has rebounded since last spring ’s pandemic-driven slump, as prices have risen sharply in most of the state. The Inland Empire, Sacramento, and Los Angeles metro areas had the most permits in that order and collectively accounted for nearly half the state total, which is the typical pattern.
https://lao.ca.gov/LAOEconTax/Article/Detail/703

A Review of Child Care and Preschool Program Flexibilities in Certain Counties

May 13, 2021 - Background State Law and Regulations Govern State Subsidized Child Care and Preschool Programs. The state subsidizes child care and preschool programs for an estimated 437,000 children. The state determines many programmatic aspects, such as who is eligible for the programs and how much providers receive for reimbursement.
https://lao.ca.gov/Publications/Report/4431

COVID-19: American Rescue Plan’s Major Health-Related Funding Provisions

May 6, 2021 - Opting in would bring new state (as well as federal) costs of an unknown amount. However, a portion of any new state costs likely would be offset by state savings from the federal government beginning to share in the cost of the extended postpartum coverage that the state currently offers to women with mental health conditions.
https://lao.ca.gov/Publications/Report/4425

2004-05 Budget Perspectives and Issues: Perspectives on State Revenues

The budget-year forecast includes $577  million associated with proceeds from the pension obligation bond (with the balance of the savings from the bond —$353  million —counted as an expenditure reduction), $300  million from a proposed Medi-Cal quality assessment fee, $500  million from tribal gaming revenues, and $220  million in one-time loans and transfers from special funds.
https://lao.ca.gov/analysis_2004/2004_pandi/pi_part_3_anl04.htm