The Property Tax Inheritance Exclusion

Oct 9, 2017 - This share is higher in some counties, such as Mendocino (9  percent), San Luis Obispo (7  percent), El Dorado (6  percent), Sonoma (6  percent), and Santa Barbara (5  percent). Figure  3 reports our estimates of these fiscal effects by county.
https://lao.ca.gov/Publications/Report/3706

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769

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

Managing California’s Cash

Sep 3, 2019 - 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. Although the dot ‑com bust was relatively mild in economic terms, it hit the California budget —which is particularly reliant on the Bay Area ’s technology sector —especially hard.
https://lao.ca.gov/Publications/Report/4092

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - This share is higher in some counties, such as San Luis Obispo (7  percent), El Dorado (6  percent), Sonoma (6  percent), and Santa Babara (5  percent). Figure  7 reports our estimates of these fiscal effects for the 25 counties where these effects are the largest.
https://lao.ca.gov/Publications/Report/3693

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - In 20 of those counties —including the most populous ones —such households faced housing costs that exceed 100  percent of their gross income. Some Areas With Very High Housing Costs Do Not Have Local Minimum Wages.
https://lao.ca.gov/Publications/Report/4878/3

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - The total request is for $450 million General Fund, over three years: $100 million in 2023‑24, $100 million in 2024‑25, and $150 million in 2025‑26. Proposal Lacks Important Details. This  proposal does not provide a detailed justification for the amount of funding requested or the criteria that would be used to make the grants.
https://lao.ca.gov/Publications/Report/4529

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - For example, in such an environment it could make sense to limit new funding to proven ways of (1) addressing critical health and safety issues or (2) preventing serious deterioration of core state responsibilities.
https://lao.ca.gov/Publications/Report/4846

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - A business is eligible for the credit if it (1)  has fewer than 100 employees and (2)  experienced a 50  percent or greater decline in gross income during the second quarter of 2020. The credit can reduce a business ’ personal income tax, corporation tax, or sales tax bill.
https://lao.ca.gov/Publications/Report/4270

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This is a decrease of $10  million  (6  percent) from the revised 2024-25 level. (This does not reflect some adjustments related to Control Sections 4.05 and 4.12 of the 2024-25 and 2025-26 budgets. Please see the “New and Ongoing Efforts to Achieve Efficiencies” section of our post for more information.)
https://lao.ca.gov/Publications/Report/5081