California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - In contrast to the $17.50 per hour definition used in the prior section and another post , this definition has a consistent interpretation over a 20-year period. Rate of Low-Wage Work Declines Substantially From Ages 25 to 32.
https://lao.ca.gov/Publications/Report/4878/2

Annual Report on Tax Exemptions for Medicinal Cannabis

Jul 1, 2021 - In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2020. Number of Patients Served. In 2020, licensees identified 13, 278 t ransactions as medicinal donations.
https://lao.ca.gov/Publications/Report/4447

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax [Publication Details]

Feb 19, 2025 - In this post, we provide an update and comments on the implementation of a new firearm and ammunition tax that went into effect beginning July 2024.
https://lao.ca.gov/Publications/Detail/4970

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - “The Effects of School Spending on Educational and Economic Outcomes: Evidence from School Finance Reforms. ” The Quarterly Journal of Economics 131.1 (2016): 157 ‑218. O ’Brien, Nina F., and Christianne J.
https://lao.ca.gov/Publications/Report/4713

Building Reserves to Prepare for a Recession

Mar 7, 2018 - The formulas also provide for “maintenance factor, ” which requires the state to accelerate school funding in strong revenue years to compensate for lower funding in weaker years. Given these formulas, General Fund spending on schools and community colleges tends to increase when revenues are growing and decline when revenues decline.
https://lao.ca.gov/Publications/Report/3769

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Overview of Diversity Efforts in the Film Tax Credit Program Introduction In recent years, the Legislature has modified the state ’s film tax credit in an effort to increase the diversity of the motion picture workforce.
https://lao.ca.gov/Publications/Report/5036

An Update on California’s Cash Management Situation

Aug 31, 2020 - Meanwhile, the state ’s 2020-21 budget package took steps to begin payment deferrals to schools at the end of 2019-20. As a result, payments to schools in June of 2020 were only $300  million, compared to $6  billion anticipated earlier this year.
https://lao.ca.gov/Publications/Report/4266

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - The California Department of Transportation (Caltrans) plans such projects well in advance, so changes in 2022 ‑23 revenue likely would affect funding for projects around 2024 ‑25. Due to the State Highway Account ’s estimated beginning balance of $3  billion in 2022 ‑23, the revenue loss would not affect projects planned for 2022 ‑23 or 2023 ‑24.
https://lao.ca.gov/Publications/Report/4528

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - (We estimate the 2024 poverty thresholds using the 2023 thresholds and an inflation forecast.) For this comparison, we assume that each adult works for the statewide minimum wage 40 hours per week, 52 weeks per year, and that the household has no other sources of income.
https://lao.ca.gov/Publications/Report/4878/3

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - One of the risks of being a “ frontline worker ”—exposure to respiratory disease—became especially salient in the initial years of the COVID-19 pandemic. Low-Wage Workers ’ Basic Demographics Low-Wage Workers Roughly Half Men, Half Women.
https://lao.ca.gov/Publications/Report/4878/1