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/

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

Fixing Unemployment Insurance

Dec 2, 2024 - For example, if California had had equivalently sized reserves going into the Great Recession, it still would have required a federal loan, but that loan would have been $5 billion rather than $11 billion.
https://lao.ca.gov/Publications/Report/4943

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - While the May Revision makes several billion dollars in spending reductions, it maintains $11  billion in one ‑time and temporary spending in 2023 ‑24. We recommend this spending be reduced further (from $11  billion to roughly $4  billion) and out ‑year one ‑time and temporary spending be eliminated entirely, as explained further below.
https://lao.ca.gov/Publications/Report/4772

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

Nov 18, 2009 - California's Fiscal Outlook: The 2010-11 Budget [Publication Details] Video Description: Our forecast of California’s General Fund revenues and expenditures shows that the state must address a General Fund budget problem of $20.7 billion between now and the time the Legislature enacts a 2010–11 state budget plan.
https://lao.ca.gov/Publications/Detail/2143

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - In 2020, 11  percent of buses entering service for small transit agencies were ZEBs; by 2022, that share had grown to 38  percent. As described in the “Background ” section, the ICT establishes higher ZEB purchase requirements for large transit agencies than for small transit agencies.
https://lao.ca.gov/Publications/Report/4890

2009-10 Budget Analysis Series: Revenues [Publication Details]

Feb 6, 2009 - We also identify two targeted rate increases—increasing the vehicle license fee (VLF) to 1 percent and a three-year temporary PIT surcharge—that, combined, would raise $3.4 billion in 2009‑10 and $3.5 billion in 2010‑11.
https://lao.ca.gov/Publications/Detail/1923

Understanding California’s Property Taxes [Publication Details]

Nov 29, 2012 - Understanding California’s Property Taxes [Publication Details] Video Description: Property taxes and charges are a major source of revenue for thousands of local governments in California, generating more than $55 billion in revenue in 2010-11.
https://lao.ca.gov/Publications/Detail/2670

California’s Fiscal Outlook: The 2011-12 Budget [Publication Details]

Nov 10, 2010 - The budget problem consists of a $6 billion projected deficit for 2010‑11 and a $19 billion gap between projected revenues and spending in 2011‑12. Similar to our forecast of one year ago, we project annual budget problems of about $20 billion each year through 2015‑16.
https://lao.ca.gov/Publications/Detail/2365

Evaluating the Sale-Leaseback Proposal: Should the State Sell Its Office Buildings? [Publication Details]

Apr 27, 2010 - [Publication Details] Video Description: Recent legislation authorized the Department of General Services (DGS) to sell and then lease back 11 state-owned office properties. The sale-leaseback is designed to free up the state’s equity in the buildings to provide one-time revenue for addressing the state’s current budgetary shortfall.
https://lao.ca.gov/Publications/Detail/2261