The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - Since the flavor ban, however, revenues have declined much faster, from $1.84  billion in 2021-22 to $1.6  billion in 2022-23, then to $1.35  billion in 2023-24 (not including the new tax on electronic cigarettes).
https://lao.ca.gov/Publications/Report/4966

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - The growth rate in 2011 was 6.8  percent, which is 1.6  percentage points above the compound annual growth rate, so the annual deviation for 2011 is 1.6. Because the sum of positive and negative deviations is usually approximately zero, the AD calculation has to use the absolute value (always a positive number) of each annual deviation.
https://lao.ca.gov/Publications/Report/3703

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - Figure 1 Comparing Recent California Economic Scenarios Percent Change Unless Indicated Target federal funds rate (percent) 1.6 S &P 500 (annual average) 2,612 73 61 a An economic growth scenario based on Moody ’s Analytics ’ April 2018 U.S.
https://lao.ca.gov/Publications/Report/3829

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The 2025-26 budget distributes to departments ongoing reductions to state operations expenditures of $1.6  billion ($1.2  billion General Fund) under Control Section 4.05 (see Attachment 2 of a May 14, 2025 DOF letter).
https://lao.ca.gov/Publications/Report/5081

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

Jan 13, 2020 - While the Legislature could set this fund balance to any amount greater than zero, since 2015 ‑ 16 t he state has enacted balances in the SFEU of around $1. 5  b illion. $1.6   Billion in Ongoing Spending.
https://lao.ca.gov/Publications/Report/4135

The 2017-18 Budget: California Competes Tax Credit

Feb 27, 2017 - The Governor ’s budget proposes $1.7 million General Fund in 2017-18 and $1.6 million General Fund in 2018-19 and 2019-20 for FTB compliance activities related to the California Competes tax credit. While the proposal provides funding equivalent to a total of 14 positions —an increase of 10 from current levels —the request does not increase FTB ’s total position authority, meaning they will be required to leave positions in other areas of the department vacant.
https://lao.ca.gov/Publications/Report/3586

An Update on California’s Cash Management Situation

Aug 31, 2020 - In fact, for July of 2020, revenue receipts were about $1.6  billion above expectations, which means the state ’s cash position in that month is even better than anticipated at the time of budget act.
https://lao.ca.gov/Publications/Report/4266