California's Fiscal Outlook: The 2010-11 Budget [Publication Details]

Nov 18, 2009 - The budget problem consists of a $6.3 billion projected deficit for 2009–10 and a $14.4 billion gap between projected revenues and spending in 2010–11. Addressing this large shortfall will require painful choices—on top of the difficult choices the Legislature made earlier this year.
https://lao.ca.gov/Publications/Detail/2143

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The main exception is that high wages are top-coded: all wages above a certain amount are assigned the same value. In high-wage states like California, top-coding seriously hinders analyses that consider the upper portion of the wage distribution.
https://lao.ca.gov/Publications/Report/4878/4

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - At the same time, this share dropped from 46 percent to 38 percent for ages 35 to 55 and from 11 percent to 8 percent for those under 35. As Figure  3 shows, homeowners between ages 55 and 75 tend to be less likely to sell their homes than other homeowners, both younger and older.
https://lao.ca.gov/Publications/Report/3693

Income Mobility in California Across Generations

Jan 4, 2017 - Just over 20 percent of these children end up in the top two–fifths as adults. Outcomes Among Children Born Into Top Fifth of Incomes. Figure 6 shows that 53 percent of Californian children born in the top fifth remain in the top two–fifths as adults.
https://lao.ca.gov/Publications/Report/3518

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Recent Actions Suggest Getting Payments to Workers Is Not a Top Priority In addition to longstanding policies and procedures that make it difficult for eligible workers to get benefits, recent actions during the pandemic also suggest that getting payments to eligible workers is not a top priority for the state.
https://lao.ca.gov/Publications/Report/4615

Income Mobility in California Across Generations - Income Mobility from the Top, Middle, and Bottom [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Income Mobility from the Top, Middle, and Bottom January 4, 2017
https://lao.ca.gov/Videos/Player?playlistId=108&videoId=166

Annual Report on Tax Exemptions for Medicinal Cannabis

Jul 1, 2021 - The top panel of the figure summarizes the total weight of donations whose weights were specified in the Metrc data. The bottom panel summarizes the number of donated packages whose weights were not specified.
https://lao.ca.gov/Publications/Report/4447

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget assumes reductions to CDFA ’s budget of $11  million ($9.8  million General Fund) authorized by Control Sections 4.05 and 4.12 of the budget act. This includes $8.2  million ($7  million General Fund) in efficiency reductions and $2.8  million General Fund in vacant position reductions.
https://lao.ca.gov/Publications/Report/5081/

Fixing Unemployment Insurance

Dec 2, 2024 - States at the top of the distribution include other Western states: Washington ($67,600), Hawaii ($56,700), Oregon ($50,900), and Alaska ($47,100). Substantially raising the state ’s taxable wage base would: (1)  improve solvency and (2)  mitigate the disincentive for businesses to hire low wage workers.
https://lao.ca.gov/Publications/Report/4943

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

Feb 19, 2025 - Specifically, an 11  percent tax is applied to the gross retail sales of firearms, firearm precursor parts, and ammunition. Retail sales to law enforcement agencies and active or retired peace officers, as well as those that total less than $5,000 per quarter, are exempt from this tax.
https://lao.ca.gov/Publications/Report/4970