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 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - This suggests that the annual revenue loss from the flavor ban might be around $300  million to $400  million. Interpretation of Revenue Loss Unclear. Under the flavor ban, people who otherwise would consume flavored tobacco have three main options: (1)  avoid tobacco use altogether, (2)  switch to unflavored tobacco products, or (3)  obtain flavored tobacco from sources that violate the ban or from sources not subject to the ban (for example, other states).
https://lao.ca.gov/Publications/Report/4966

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - Based on the scope of the contract, the administration now anticipates (1)  savings of $425  million in 2025-26 from two departments ($300  million from DHCS and $125  million from CDCR) and (2)  unknown savings in the outyears.
https://lao.ca.gov/Publications/Report/5081/

Evaluation of a Sales Tax Exemption for Certain Manufacturers

Dec 11, 2018 - For example, if a participant sells 300 additional electric vehicles, the calculation assumes that consumers buy 300 fewer conventional gasoline vehicles. For some consumers, the closest substitute for an electric vehicle made by the participant might indeed be a conventional gasoline vehicle.
https://lao.ca.gov/Publications/Report/3907

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The Governor proposes $ 300  m illion General Fund in 2019 ‑20 for local governments to expand or develop emergency shelters, navigation centers, and supportive housing. The funding would be available to local governments that develop joint regional plans to address homelessness.
https://lao.ca.gov/Publications/Report/3916

The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

Mar 6, 2019 - First, the income limits were raised from $22, 300 t o $24,950 for filers with dependents and from $15, 000 t o $16,750 for workers with no dependents. This increased the number of workers eligible for the state credit.
https://lao.ca.gov/Publications/Report/3960

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The budget also provides $ 600  m illion for two new grant programs: (1) $ 300  m illion for grants to help low ‑performing schools and districts improve their performance and (2) $ 300  m illion for schools that implement the community schools model —which typically integrates health, mental health, and other services for students and families and provides these services directly on school campuses.
https://lao.ca.gov/Publications/Report/4135

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

Feb 15, 2022 - The two centers would also create additional capacity for 300 additiona l commercial drive tests per month. If the requested funding is approved, DMV expects the two new centers to open by spring 2023.
https://lao.ca.gov/Publications/Report/4540

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - The typical PE ratio since 1990 is 21 (19 if the dot-com bubble of the late 1990s and early 2000s is excluded). Similar to the price-to-earnings ratio, the home price-to-rent ratio is used to gauge if home prices are in line with underlying demand for housing.
https://lao.ca.gov/Publications/Report/3829

An Update on California’s Cash Management Situation

Aug 31, 2020 - As a result, payments to schools in June of 2020 were only $300  million, compared to $6  billion anticipated earlier this year. On net, this means disbursements were actually lower in April through June than expected at the Governor ’s budget.
https://lao.ca.gov/Publications/Report/4266