The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - When the program is undersubscribed, however, fewer projects must compete for available credits. Compared with years when the program is oversubscribed, this may result in awards being made to projects that would not have been competitive in a more constr ained funding environment.
https://lao.ca.gov/Publications/Report/5162

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

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The 2025-26 California Spending Plan: Other Provisions 90 $6,314.1 For a variety of reasons, we do not reflect certain capital outlay projects in the figure or linked table. Specifically, to avoid double counting previously provided funds or because specific data are not available, we do not include projects for which funding is: (1)  continuously appropriated,
https://lao.ca.gov/Publications/Report/5081/

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - In 2025, the Legislature and the Governor took a couple of actions to align the Compliance Fund more closely with projected program costs under the new flavor ban laws. First, the budget act included a one ‑year $3.5  million increase in the appropriation for the Tobacco Licensing Program.
https://lao.ca.gov/Publications/Report/5132

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Additionally, only version 3.0 projects that have been completed are included in the data, and may not represent the set of all projects that will be completed under version 3.0 of the credit. Evaluating Changes Made in Program 4.0 New Diversity Rules Provide a More Credible Incentive for Applicants.
https://lao.ca.gov/Publications/Report/5036

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - The CFC has issued over $3  billion in credits to around 700 projects since its inception in 2009. In recent years, the commission has averaged approximately $272  million of credits awarded to 38 separate projects per year.
https://lao.ca.gov/Publications/Report/5000

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - ISRF Provides Low-Cost Financing for Infrastructure Projects. The ISRF, administered by the California Infrastructure and Economic Development Bank ( IBank ), provides low-cost loans to public agencies to support infrastructure projects.
https://lao.ca.gov/Publications/Report/4846

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - …But Likely Below Original Projections. Given the current revenue estimates, we anticipate that annual revenues are likely to be lower than the $159  million estimated when Chapter  231 went through the policy process.
https://lao.ca.gov/Publications/Report/4970

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Under our office ’s projections, and assuming the Governor ’s May  Revision policies were adopted, the budget problem for this year is $34.5  billion —$6.2  billion higher than our estimate under the administration ’s projections.
https://lao.ca.gov/Publications/Report/4772

Managing California’s Cash

Sep 3, 2019 - After a period of relative calm in the mid ‑ and late ‑1990s, California faced another series of years with acute budget problems following the dot ‑com bust and ensuing recession. Although the dot ‑com bust was relatively mild in economic terms, it hit the California budget —which is particularly reliant on the Bay Area ’s technology sector —especially hard.
https://lao.ca.gov/Publications/Report/4092