State Fiscal Health Index: October 2019 [EconTax Blog]

Dec 17, 2019 - State Fiscal Health Index: October 2019 [EconTax Blog] State Fiscal Health Index: October 2019 December 17, 2019 Justin Garosi Bottom Line: Data provides a mixed message about the condition of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/420

^[PDF] Overview of the Legislature’s 2020-21 Budget Package

Reduces rates for state preschool program and child care programs. Rejects Governor’s proposal. In-Home Supportive Services $205 Million. Reduces recipients’ service hours by 7 percent. Rejects Governor’s proposal.
https://lao.ca.gov/handouts/FO/2020/Overview-of-the-Legislatures-2020-21-Budget-Package-060320.pdf

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 14, 2023 - The data come from the state ’s Metrc “track and trace” system for licensed cannabis. In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2022.
https://lao.ca.gov/Publications/Report/4777

The 2023-24 Budget: Multiyear Budget Outlook [Publication Details]

May 23, 2023 - The 2023-24 Budget: Multiyear Budget Outlook [Publication Details] Description: This brief presents our office’s independent assessment of the condition of the state General Fund budget through 2026‑27 under our forecast of revenues and spending, assuming the Governor’s May Revision policies were adopted.
https://lao.ca.gov/Publications/Detail/4772

2007 Initiative Analysis: California Class Action Reform and Corporate Accountability Act

This measure requires that 25  percent of punitive damage awards resulting from lawsuits brought under these new class action statutes be paid directly to the state. Any funds received by the state under this measure must be used to enforce laws promoting consumer protection, shareholder and pension protection, fire and police protection, and protection from insurance companies and discrimination.
https://lao.ca.gov/ballot/2007/070693.aspx

^[PDF] MOU Fiscal Analysis: Bargaining Units 1, 3, 4, 11, 14, 15, 17, 20, and 21 (SEIU Local 1000)

In addition, our office is unable to estimate the unfunded pension liabilities that will result from preserving retirement benefit levels—despite lower state and employee payments to CalPERS through June 2010.
https://lao.ca.gov/2009/MOU_Fiscal/MOU_various_units_SEIU_Local_1000_040609.pdf

^[PDF] California's Tax Expenditure Programs: Other State Taxes

California's Tax Expenditure Programs: Other State Taxes Flat Tax Rate for Liquified Petroleum Gas And Natural Gas Fuels . . . . . . . . . . . . . 273 Insurance Tax Employee Pension and Profit Sharing Plans . . . . . . . . . . . . . . . . . . . . . . . . . . 274 Fraternal Benefit Societies . . . . . . . . . . . . . 275 Table of Contents—Other
https://lao.ca.gov/1999/tax_expenditure_299/tep_299_other_tax.pdf

^[PDF] The 2023-24 Budget: Higher Education Overview

All are experiencing salary pressures, increases in their health care premiums, increases in their pension contribution rates, and inflationary pressures in other key areas, including utilities, supplies, and equipment.
https://lao.ca.gov/reports/2023/4664/Higher-Education-Overview-013123.pdf

Fiscal Outlook: Key Economic Assumptions [EconTax Blog]

Nov 20, 2019 - (The outlook also discusses how state revenues would perform in a hypothetical recession scenario.) The figure below compares our November 2019 near-term economic assumptions to those reflected in the June 2019 state budget package.
https://lao.ca.gov/LAOEconTax/Article/Detail/413

Income Tax Withholding Tracker: April 1 - April 26 [EconTax Blog]

Apr 26, 2021 - The final graph compares the state ’s year over year percent change in cumulative withholding in 2020-21 to the nation ’s withholding from the federal income tax, and shows that state collections have maintained a faster pace for months.
https://lao.ca.gov/LAOEconTax/Article/Detail/644