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

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943

Evaluating the Sale-Leaseback Proposal: Should the State Sell Its Office Buildings? [Publication Details]

Apr 27, 2010 - The sale-leaseback is designed to free up the state’s equity in the buildings to provide one-time revenue for addressing the state’s current budgetary shortfall. We estimate that the sale of buildings would result in one-time revenue to the state of between $600 million and $1.4 billion, but that annual leasing costs would eventually exceed ownership costs by approximately $200 million.
https://lao.ca.gov/Publications/Detail/2261

Do Communities Adequately Plan for Housing?

Mar 8, 2017 - Form dictates building height and bulk, the share of land covered by buildings, and the distance of buildings from neighboring properties and roads (known as setback). Zoning ordinances also often place additional restrictions on property owners —such as minimum parking requirements —to mitigate a property ’s potential effects on surrounding properties.
https://lao.ca.gov/Publications/Report/3605

California's High Housing Costs: Causes and Consequences - Why Doesn’t California Build Enough Housing? [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Why Doesn’t California Build Enough Housing? March 17, 2015
https://lao.ca.gov/Videos/Player?playlistId=20&videoId=138

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

Nov 16, 2022 - In terms of rental payments, when a building is state ‑owned, the department generally pays rent to DGS, which supports DGS ’ operations and maintenance of the buildings. When a department ’s underlying costs of rent or OE &E increase as a result of inflation or other factors, in general, the department must manage the increase within its existing budget.
https://lao.ca.gov/Publications/Report/4647

Common Claims About Proposition 13

Sep 19, 2016 - Figure  24 shows the average assessment per residential building permit over time. Since 1990 —five years after Mello –Roos assessments were enacted —the amount per residential building permit has increased over 130  percent.
https://lao.ca.gov/Publications/Report/3497

California’s High Housing Costs: Causes and Consequences [Publication Details]

Mar 17, 2015 - We advise the Legislature to address this housing shortfall by changing policies to facilitate significantly more private home and apartment building in California's coastal urban communities. See our February 9, 2016 follow up to this report: Perspectives on Helping Low-Income Californians Afford Housing .
https://lao.ca.gov/Publications/Detail/3214

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Governor’s Proposal Provides $110   Million to Build New Training Campus in Southern California. The Governor ’s budget provides $110  million General Fund over three years for CWDB to build a new training campus at the Port of Los Angeles.
https://lao.ca.gov/Publications/Report/4540

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - For example, if a corporation sells an apartment building for an amount above the original purchase price, less any deductions for depreciation the corporation had previously cl aimed, it may defer paying tax on that gain if it invests all of the profits in another apartment building within 180 days.
https://lao.ca.gov/Publications/Report/4100