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

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

^[PDF] Building Reserves to Prepare for a Recession

Until 2014, the BSA was governed by Proposition 58. Passed by voters in 2004, Proposition 58 required the state to make an annual transfer into the BSA. These required deposits were to gradually increase from 1 percent of General Fund revenues in 2006-07 to 3 percent in 2008-09 and every year thereafter.
https://lao.ca.gov/reports/2018/3769/prepare-for-recession-030718.pdf

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] The Office of Spill Prevention and Response: Funding and Responsibilities

According to OSPR, the trust fund has not been used to pay „ for any significant cleanup costs since at least 2000. The current fund balance is $58 million. „ Oil Spill Prevention and Administration Fund: ; Funded with a $0.05 per barrel surcharge on imported oil. „ Projected 2007-08 revenues of $35.6 million. „ Used to pay for OSPR’s operational and administrative costs. „ The projected fund balance at the end of 2007-08 is „ $17.7 million.
https://lao.ca.gov/handouts/resources/2007/OSPR_111907.pdf

^[PDF] The Office of Spill Prevention and Response: Funding and Responsibilities

According to OSPR, the trust fund has not been used to pay „ for any significant cleanup costs since at least 2000. The current fund balance is $58 million. „ Oil Spill Prevention and Administration Fund: ; Funded with a $0.05 per barrel surcharge on imported oil. „ Projected 2007-08 revenues of $35.6 million. „ Used to pay for OSPR’s operational and administrative costs. „ The projected fund balance at the end of 2007-08 is „ $17.7 million.
https://lao.ca.gov/handouts/resources/2007/OSPR_113007.pdf

^[PDF] State Constitutional Officers

The commission recently announced its decision to raise the salaries of all state-elected officials effective December 2000. If this measure were adopted, it would reduce the annual salaries of all state-elected officials to the amounts existing on January 1, 1998.
https://lao.ca.gov/ballot/2001/010016_INT.pdf

^[PDF] 2007-08 Budget Overview: Resources and Environmental Protection (Including an Overview of the CALFED Bay-Delta Program)

Resources Agency: 12-Year Funding Mix and Expenditure Trends (Dollars in Millions) General Fund Special Funds Bond Funds Federal Funds Amount Percent Amount Percent Amount Percent Amount Percent Total Funds 1996-97 $771 45% $782 46% $94 5% $63 4% $1,710 1997-98 717 42 839 49 91 5 75 4 1,722 1998-99 1,105 53 840 40 56 3 76 4 2,077 1999-00 1,184 52 937 41 54 3 97 4
https://lao.ca.gov/handouts/resources/2007/0708_Budget_Overview_Resources_Environmental_030507.pdf