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

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

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

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

Revenues and the 2010-11 Budget [Publication Details]

Feb 3, 2010 - Revenues and the 2010-11 Budget [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/2196

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

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - TV received 70  percent of the credits, with 11  percent going to relocating TV shows. This contrasts with 55  percent under the first film tax credit program. Credit Claims Shifting to Sales Tax. Whereas most of the credits from the first program were claimed against corporation taxes, claims against the sales tax have increased in importance during the time of Program 2.0.
https://lao.ca.gov/Publications/Report/4713

California's Fiscal Outlook: LAO Projections, 2005-06 Through 2010-11 [Publication Details]

Nov 16, 2005 - California's Fiscal Outlook: LAO Projections, 2005-06 Through 2010-11 [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/1345