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Economy and Taxes (3)
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The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Additionally, the budget agreement includes intent to provide $83.6  million in General Fund and 48 positions for College Corps in 2026-27 and ongoing, making the program permanent. (Previous funding for the program was only provided on a pilot, limited-term basis through 2025-26.)
https://lao.ca.gov/Publications/Report/5081/

The 2020-21 May Revision: Revenue Proposals in the 2020-21 May Revision

May 20, 2020 - We estimate that these exemptions reduce General Fund revenue by roughly $48  million annually. This proposal was introduced in the Governor ’s January budget. Extend Carryforward Period for Film Tax Credits.
https://lao.ca.gov/Publications/Report/4238

Building Reserves to Prepare for a Recession

Mar 7, 2018 - The floods resulted in disaster declarations in 48 c ounties and forced more than 120,000 from their homes. After federal reimbursements, these floods led to nearly $ 200  m illion in state costs (over $ 300  m illion in today ’s dollars).
https://lao.ca.gov/Publications/Report/3769