An Update on California’s Cash Management Situation

Aug 31, 2020 - State Controller Uses a Variety of Techniques to Manage Cash Position. The General Fund ’s daily cash situation is monitored and managed by the State Controller ’s Office (SCO). (The daily cash situations of other state funds, like special funds, are primarily managed by state departments.)
https://lao.ca.gov/Publications/Report/4266

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - Miller, Keaton and Boyoung Seo (2019). “Tax Revenues When Substances Substitute: Marijuana, Alcohol, and Tobacco. ” Mimeo, University of Oregon. National Academies of Sciences, Engineering, and Medicine (2017).
https://lao.ca.gov/Publications/Report/4125

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - High Recapture Rate Can be Seen as a Feature … On one hand, high recapture rates can be seen as not a significant issue, and even a sign that the program is working as intended: Companies are incentivized by a tax break if they manage to achieve agreed-upon job and investment targets, but if they fail to do so, the state incurs no expense since the credit is never claimed or is paid back to the state.
https://lao.ca.gov/Publications/Report/5162

The 2017-18 Budget: An Overview of the Governor's Proposition 56 Proposals

Feb 22, 2017 - Over $900   Million Supports Increased Managed Care Costs. The majority of Proposition  56 Medi ‑Cal revenue would go to managed care plans under the Governor ’s proposal. Based on data from the Department of Finance, a large portion of that revenue would pay for the state ’s increased share of cost for the Patient Protection and Affordable Care Act (ACA) Medi ‑Cal optional expansion.
https://lao.ca.gov/Publications/Report/3573

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - How could the department could modify its approach to enforcement to manage this situation? 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/Publications/Report/4966

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - In some other areas of the budget, the state provides lump sum amounts —sometimes referred to as block grants —to other entities of government, which those entities manage as part of their own budgets.
https://lao.ca.gov/Publications/Report/4647

Fixing Unemployment Insurance

Dec 2, 2024 - Even  if the state manages to repay the pandemic ‑era loan before the next recession, little or no reserves would be on hand at the start of that  downturn. Loans Will Become a Permanent Feature of UI and a Major Ongoing State Cost.
https://lao.ca.gov/Publications/Report/4943

Managing California’s Cash

Sep 3, 2019 - Although there are advantages to primarily relying on internal borrowable sources for cash management, issuing short ‑term debt to meet cash management needs is not inherently problematic. Such borrowing is historically a routine part of the state ’s cash flow management and it carries relatively low interest rate costs.
https://lao.ca.gov/Publications/Report/4092

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - Many Business Entities Exist to Manage Investments. A significant number of new companies are formed each year to independently hold and manage investments. For example: Energy and real estate development companies commonly form new partnerships to attract financing for new projects.
https://lao.ca.gov/Publications/Report/4207

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - These regulations provide some examples of the many options available to CAEATFA and to the Legislature for managing awards within the $ 100  m illion annual cap. Figure 4 Recent Regulations Try to Manage Awards Within Cap Reduced “soft cap ” on individual awards from $20  million to $10  million.
https://lao.ca.gov/Publications/Report/4327