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 - Introduction In his 2018 ‑ 19 b udget plan, the Governor proposes a total reserve balance of nearly $ 16  b illion, including a discretionary deposit of $3. 5  b illion into the state ’s rainy day fund.
https://lao.ca.gov/Publications/Report/3769

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

Mar 9, 2026 - The three minor downturns  (1981, 1987, and 1990) led to income tax declines of less less than 10 percent (average of 5 percent), with revenues recovering quickly. The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent).
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The three minor downturns  (1981, 1987, and 1990) led to income tax declines of less less than 10 percent (average of 5 percent), with revenues recovering quickly. The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent).
https://lao.ca.gov/LAOEconTax/article/Detail/852

^[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

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 ECONOMIC AND FISCAL IMPACTS OF CALIFORNIA'S AIRCRAFT GROUND TIME EXEMPTION

Tables 1 and 2 provide a breakdown distributed by county and by airline, respectively, of the 1972-73 base-year revenue losses com- puted by the Board of Equalization. The cost to the state for total local reimbursements over the six-year period of the legislation is shown in Table 3, and Table 4 shows the 1977-78 reimbursements by county.
https://lao.ca.gov/reports/1979/02_fiscal_impacts_of_californias_aircraft_ground_time_exemption.pdf

^[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] 2008-09 Overview of the Governor's Budget

The BSA is scheduled to receive $3 billion in 2008-09. Under the Constitution, however, the Governor is authorized to suspend the an- nual transfer. The administration plans to suspend the 2008-09 transfer—reducing 2008-09 expen- ditures by $1.5 billion by not making the supple- mentary bond payment. sPEcial sEssion— cuRREnt-YEaR savings Under Proposition 58, if
https://lao.ca.gov/2008/budget_overview/08-09_budget_ov.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
https://lao.ca.gov/handouts/resources/2007/0708_Budget_Overview_Resources_Environmental_030507.pdf