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Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog]

May 21, 2025 - The administration’s estimate seems reasonable, as it is not far from what the state would collect if the fourth quarter of the fiscal year were similar to the first three quarters.  
https://lao.ca.gov/LAOEconTax/article/Detail/830

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

UC Spending Proposals Under 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/956

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

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

[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

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] Item 7900, CalPERS Supplemental Payment, Issue 34

Under the administration’s plan, the state would pay interest on the loan based on a rate equal to a specific two-year U.S. Treasury index. The state would pay the full principal and interest of the loan by 2030. „ The General Fund would repay its portion of the loan using constitutionally required debt payments under Proposition 2 (including a $427 million
https://lao.ca.gov/handouts/conf_comm/2017/CalPERS-Supplemental-Payment-053117.pdf