The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - In particular, the share of awards going to advanced manufacturing firms has greatly increased while the share going to professional services (for example, accounting, legal, and local business services) has significantly decreased.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Control Sections 90.00 and 90.01 During the special session called by the Governor, the Legislature added Control Sections 90.00 and 90.01 to the 2024-25 Budget Act providing up to $2.5  billion one-time from the General Fund for response and recovery costs related to the January 2025 Southern California wildfires.
https://lao.ca.gov/Publications/Report/5081

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - To assess the usefulness of each study as it might apply to California, we considered the quality of its methods and data, the degree of similarity between the study ’s setting and present ‑day California, and the applicability of the study to changes in California ’s cannabis tax rates.
https://lao.ca.gov/Publications/Report/4125

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

Nov 16, 2022 - Lowers Quality of Services. In other budget areas, inflation can result in a reduction of quality, rather than quantity, of services. For example, in county administration of human services programs, less state funding in real terms can mean local governments have lower staffing levels.
https://lao.ca.gov/Publications/Report/4647

Overview of Major Impacts of H.R. 1 – One Big Beautiful Bill Act [Publication Details]

Aug 20, 2025 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5067

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - (A detailed account of the types of income that are in the PIT base can be found in our previous report. ) Total income is then reduced by “above the line” deductions. The federal income tax code has a number of deductions that taxpayers are allowed to claim regardless of whether they claim itemized deductions or the standard deduction.
https://lao.ca.gov/Publications/Report/3703

Building Reserves to Prepare for a Recession

Mar 7, 2018 - Budget Stabilization Account Proposition   58 Governed BSA From 2004 t o 2014. Until 2014, the BSA was governed by Proposition  58. Passed by voters in 2004, Proposition   58 r equired the state to make an annual transfer into the BSA.
https://lao.ca.gov/Publications/Report/3769

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

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

Jan 14, 2019 - Note: Excludes spending on  K ‑14  education, reserves, and debt (required by the California Constitution), and added costs to maintain existing policies. Figure also excludes some smaller spending proposals.
https://lao.ca.gov/Publications/Report/3916