The Property Tax Inheritance Exclusion

Oct 9, 2017 - Figure  3 reports our estimates of these fiscal effects by county. Greater Losses Likely in Future. It is likely the fiscal effect of this exclusion will grow in future years as California ’s homeowners continue to age and the use of the inheritance exclusion increases.
https://lao.ca.gov/Publications/Report/3706

^[PDF] Building Reserves to Prepare for a Recession

Under the second statute, the trigger would occur if (1) the “General Fund reserve” exceeds about 3 percent of revenues (currently, around $4 billion) and (2) actual General Fund revenues between May 1st and September 30th exceed the administration’s forecasted amounts. gutter analysis full L E G I S L A T I V E A N A L Y S T ’ S O F F I C E 2 0 1 8 - 1 9 B U D G
https://lao.ca.gov/reports/2018/3769/prepare-for-recession-030718.pdf

Building Reserves to Prepare for a Recession

Mar 7, 2018 - These required deposits were to gradually increase from 1  p ercent of General Fund revenues in 2006 ‑ 07 t o 3  p ercent in 2008 ‑09 and every year thereafter. Proposition  58 allowed these deposits to be suspended by an executive order issued by the Governor.
https://lao.ca.gov/Publications/Report/3769

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The current discrepancy over the size of the state ’s budget deficit —$18  billion under the Legislative Analyst ’s Office estimate versus $3  billion in the Governor ’s budget —fits squarely within that pattern.
https://lao.ca.gov/Publications/Report/5104

^[PDF] Funding and Implementation of the 2009 Delta Legislation

Proposed Delta Stewardship Council Budget Positions Proposed for Delta Stewardship Council Executive 19 Administration 14 Science 12 Planning and accountability 8 External affairs 5 Total 58 10L E G I S L A T I V E A N A L Y S T ’ S O F F I C E March 9, 2010  Financing Plan Necessary.
https://lao.ca.gov/handouts/resources/2010/Funding_and_Implementation_of_the_2009_Delta_Legislation_3910.pdf

^[PDF] California's Tax Expenditure Programs: Income Taxes

Figure 3 Bank and Corporation Tax Rates General Corporation Rate Minimum Taxa 1929-34 2.00% $25 1935-42 4.00 25 1943-49 3.40 25 1950-58 4.00 25 1959-66 5.50 100 1967-71 7.00 100 1972 7.60 200 1973 8.30 200 1974-79 9.00 200 1980-81 9.60 200 1982-86 9.60 200 1987-88 9.30 300 1989 9.30 600 1990-96 9.30 800 1997 to present 8.84 800 a Beginning in 1998, new small corporations pay a minimum tax below this amount.
https://lao.ca.gov/1999/tax_expenditure_299/tep_299_income_tax.pdf

^[PDF] HMOs and Rural California

In those rural areas where these steps are not enough to attract HMOs, we identify ways com- munities can develop their own health care sys- tems based on the experience of one rural California county. ■ August 8, 2002 2 L E G I S L A T I V E A N A L Y S T ’ S O F F I C E A N L A O R E P O R T INTRODUCTION How and Why the LAO Conducted This Study Chapter 208,
https://lao.ca.gov/2002/hmos_rural_ca/8-02_hmos_rural_ca.pdf

^[PDF] 080735.indd

Figure 1 1998-99 Through 2007-08 (Dollars in Millions) Goal/Program Years in Total Ten-Year Fundinga 2007-08 Funding Administering Agency General Recruitment Alternative Certification Program 24 $249 $32 Commission on Teacher Credentialing (CTC) Special Funding for CSU Teacher Preparation 10 93 9 California State University (CSU) Paraprofessional Teacher Training Program 17 82 8
https://lao.ca.gov/2009/edu/teacher_recruitment/teacher_recruitment_030409.pdf