The Property Tax Inheritance Exclusion

Oct 9, 2017 - In 1986, voters approved Proposition   58 —a legislative constitutional amendment —which excludes certain property transfers between parents and children from reassessment. A decade later, Proposition  193 extended this exclusion to transfers between grandparents and grandchildren if the grandchildren ’s parents are deceased.
https://lao.ca.gov/Publications/Report/3706

Building Reserves to Prepare for a Recession

Mar 7, 2018 - To put this in more concrete but very rough terms, a moderate recession, like the dot ‑com bust, could lead to a $ 40  b illion budget problem. A more mild recession might result in a $ 20  b illion budget problem.
https://lao.ca.gov/Publications/Report/3769

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The administration estimates this would extend health care coverage to 138,000 undocumented immigrants and would cost $ 134  m illion General Fund in 2019 ‑20. Estimates suggest the current number of uninsured Californians —including those who are undocumented —is roughly 3. 5  m illion.
https://lao.ca.gov/Publications/Report/3916

Managing California’s Cash

Sep 3, 2019 - The early 1990s were marked by a series of sales of RANs and RAWs —at the time, the largest such sales in the state ’s history (see Figure  5). Second Cash Crunch in Early 2000s. After a period of relative calm in the mid ‑ and late ‑1990s, California faced another series of years with acute budget problems following the dot ‑com bust and ensuing recession.
https://lao.ca.gov/Publications/Report/4092

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - For Low-Wage Workers, White-Latino Wage Gap Around 20  Percent. As shown in Figure  5, we estimate the wage gap between California ’s white and Latino low-wage workers to be around 20  percent. In other words, we estimate the 10 th percentile hourly wage for white workers to be roughly 20  percent higher than the 10 th percentile hourly wage for Latino workers.
https://lao.ca.gov/Publications/Report/4878/3

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - The typical PE ratio since 1990 is 21 (19 if the dot-com bubble of the late 1990s and early 2000s is excluded). Similar to the price-to-earnings ratio, the home price-to-rent ratio is used to gauge if home prices are in line with underlying demand for housing.
https://lao.ca.gov/Publications/Report/3829

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - In contrast, the typical homeowner over 65 has been in their home for over 20 years. A consequence of this is that the aging of California ’s homeowners will not just increase turnover, it will increase turnover of homes that have not changed hands in many years.
https://lao.ca.gov/Publications/Report/3693

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - Fuel suppliers are another large category, accounting for 20  percent of the total. Substantial Rebates in Many Counties … As shown in Figure  2, 2023-24 rebate payments varied across counties. In nine counties, rebates exceeded $5 per resident.
https://lao.ca.gov/Publications/Report/5074

Overview of Efforts to Modernize EDD’s Benefit Systems [Publication Details]

Feb 24, 2026 - Assembly Budget Subcommittee No. 5 on State Administration
https://lao.ca.gov/Publications/Detail/5135

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943