May Revision 2016: Economic Outlook [EconTax Blog]

May 15, 2016 - Background on Economic Assumptions and State Budgeting. Each California state budget is premised on assumptions about the course of the U.S. and state economies. Economic assumptions, including those about the future trend in stock prices, must be made in order to develop the constitutionally required estimate of General Fund resources (revenues) in the annual state budget.
https://lao.ca.gov/LAOEconTax/Article/Detail/185

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters) [Publication Details]

Sep 7, 2021 - We reviewed the proposed memorandum of understanding (MOU) for Bargaining Unit 8 (Firefighters). State Bargaining Unit 8’s current members are represented by Cal Fire Local 2881. This review is pursuant to Section 19829.5 of the Government Code.
https://lao.ca.gov/Publications/Detail/4451

Cannabis Tax Revenue Update [EconTax Blog]

Aug 23, 2021 - The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax. Fourth Quarter of 2020-21: $213 Million. The administration currently estimates that retail excise tax revenue was $172 million and cultivation tax revenue was $40 million in the fourth quarter of fiscal year 2020-21 (April through June).
https://lao.ca.gov/LAOEconTax/Article/Detail/687

Proposition 98 Key Inputs and Outcomes Under 2021-22 Budget Package [EdBudget]

Jul 21, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/517

The 2020-21 Spending Plan: Early Education

Oct 26, 2020 - Figure 2 shows a decrease in State Preschool slots offset by a net increase of both ongoing and temporary slots for the Alternative Payment (AP) Program. The budget plan makes $161  million in ongoing reductions to State Preschool ($130  million Proposition  98 General Fund and $31  million non-Proposition  98 General Fund).
https://lao.ca.gov/Publications/Report/4289

State Options to Expand Unemployment Benefits

Apr 9, 2020 - Additionally, the state would need to use current state resources to cover the costs of these benefits. This is because federal law does not allow the state to use state UI funds to pay benefits to ineligible workers.
https://lao.ca.gov/Publications/Report/4219

State Options to Expand Unemployment Benefits [Publication Details]

Apr 9, 2020 - State Options to Expand Unemployment Benefits [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/4219

Changes in California State University General Fund Spending [EdBudget]

Oct 13, 2020 - If the state receives at least $14 billion in additional federal funding by October 15, 2020, $498 million of this funding is allocated to CSU. If the state receives more than $2 billion but less than $14 billion, the amount provided to CSU is proportionally reduced.
https://lao.ca.gov/Education/EdBudget/Details/394

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - These dollars are used to reimburse the state and federal government for costs associated with providing CalWORKs benefits to the family. However, states can “pass-through ” or allow CalWORKs families to keep a portion of the monthly child support payments.
https://lao.ca.gov/Publications/Report/4286/9

The 2020-21 Spending Plan: Transportation

Oct 5, 2020 - Replacement of Contractors With State Employees. The budget includes $16  million on an ongoing basis from Proposition  1A (2008) to support 85 new state staff positions in areas such as information technology (IT), project delivery, and finance.
https://lao.ca.gov/Publications/Report/4272