The Property Tax Inheritance Exclusion

Oct 9, 2017 - By 2030, home  1 ’s bill would be one ‑third as much as home  2 ’s bill. In the absence of the inheritance exclusion, when home  1 passes to the original owner ’s child it would be reassessed. This would erase much of the difference in property tax payments between home  1 and home  2.
https://lao.ca.gov/Publications/Report/3706

Building Reserves to Prepare for a Recession

Mar 7, 2018 - These required deposits were to gradually increase from 1  p ercent of General Fund revenues in 2006 ‑ 07 t o 3  p ercent in 2008 ‑09 and every year thereafter. Proposition  58 allowed these deposits to be suspended by an executive order issued by the Governor.
https://lao.ca.gov/Publications/Report/3769

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

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

Feb 20, 2024 - For example, in such an environment it could make sense to limit new funding to proven ways of (1) addressing critical health and safety issues or (2) preventing serious deterioration of core state responsibilities.
https://lao.ca.gov/Publications/Report/4846

Managing California’s Cash

Sep 3, 2019 - A loan of only $ 1  b illion represents a small portion of the state ’s cash cushion and is unlikely to substantively affect the state ’s cash management needs. A loan of $ 10  b illion would be more noticeable in the state ’s cash position, particularly when internal borrowable resources decline by billions of dollars.
https://lao.ca.gov/Publications/Report/4092

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Figure  1 compares the statewide minimum wage to the Census Bureau ’s official poverty measure —a specified level of income based on family size. (We estimate the 2024 poverty thresholds using the 2023 thresholds and an inflation forecast.)
https://lao.ca.gov/Publications/Report/4878/3

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - Over the past decade, around 10  percent of property transfers have taken advantage of the parent-to-child exclusion to prevent an increase in property tax payments. Figure  6 shows how many of these exclusions have been used each year during the past decade.
https://lao.ca.gov/Publications/Report/3693

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This amount includes $10  million for Federation Internationale de Football Association (FIFA) World Cup security costs, $10  million for Family Justice Centers, and $8  million to the City of Los Angeles for fire engine purchases.
https://lao.ca.gov/Publications/Report/5081

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Figure  1 shows the value of credits claimed each year since the program ’s inception in 2014. Because applicants must provide sufficient evidence that the credit will influence their employment and investment decisions in the state, GO-Biz often does not award all tax credits available to be allocated in a given fiscal year.
https://lao.ca.gov/Publications/Report/5162

Fixing Unemployment Insurance

Dec 2, 2024 - As Figure  10 shows with some illustrative numbers, this employment tax raises the cost of adding a new employee to a business and that cost is proportionately higher for a low wage worker than a high wage worker.
https://lao.ca.gov/Publications/Report/4943