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Assessing The Recent Drop in Consumer Sentiment [EconTax Blog]

May 9, 2025 - As we have noted elsewhere, recent strong state revenue growth has outpaced the broader economy. Over the past two years, the state workforce has grown slowly, with close to no net new jobs in 2025 .
https://lao.ca.gov/LAOEconTax/Article/Detail/827

Assessing The Recent Drop in Consumer Sentiment [EconTax Blog]

May 9, 2025 - As we have noted elsewhere, recent strong state revenue growth has outpaced the broader economy. Over the past two years, the state workforce has grown slowly, with close to no net new jobs in 2025 .
https://lao.ca.gov/LAOEconTax/article/Detail/827

Districts' Pension Contribution Rates and Amounts [EdBudget]

Mar 4, 2020 - CalSTRS = California State Teachers’ Retirement System. CalPERS = California Public Employees’ Retirement System. 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/349

Comparing Middle Class Scholarships at Governor's Budget and May Revision [EdBudget]

May 18, 2025 - 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/973

CalSTRS

Funding Plan Is a Major State Accomplishment. Prior to state action, CalSTRS projected that it would run out of assets in the mid-2040s, an alarming prospect for a pension system. The funding plan aims to fully fund CalSTRS by that time.
https://lao.ca.gov/Education/Teachers/CalSTRS

Proposed Changes in UC's Base Funding [EdBudget]

May 18, 2025 - 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/970

The 2024-25 Budget: Temporary Corporation Tax Increases [EconTax Blog]

May 17, 2024 - Tax credits allow businesses to reduce their tax bill when they do certain activities —such as hiring certain workers and conducting research —that state policies aim to encourage. Business tax credits essentially are spending programs carried out through the state ’s tax system.
https://lao.ca.gov/LAOEconTax/Article/Detail/804

The 2024-25 Budget: Temporary Corporation Tax Increases [EconTax Blog]

May 17, 2024 - Tax credits allow businesses to reduce their tax bill when they do certain activities —such as hiring certain workers and conducting research —that state policies aim to encourage. Business tax credits essentially are spending programs carried out through the state ’s tax system.
https://lao.ca.gov/LAOEconTax/article/Detail/804

2nd Quarter 2020 Personal Income Report [EconTax Blog]

Oct 23, 2020 - Benefits include employer-paid contributions for health insurance and pensions. Transfer payments are defined as government payments that don ’t represent compensation for services performed by the recipient.
https://lao.ca.gov/LAOEconTax/Article/Detail/571

[PDF] Portable Retirement Security Act of 2005

Thus, at age 55 a 25-year career officer would earn a pension equal to 75 percent of final salary. (The state formula for highway patrol officers is more generous, offering 3 percent of salary at age 50.)
https://lao.ca.gov/ballot/2005/050141.pdf