The Property Tax Inheritance Exclusion

Oct 9, 2017 - In 1986, voters approved Proposition   58 —a legislative constitutional amendment —which excludes certain property transfers between parents and children from reassessment. A decade later, Proposition  193 extended this exclusion to transfers between grandparents and grandchildren if the grandchildren ’s parents are deceased.
https://lao.ca.gov/Publications/Report/3706

The 2021-22 Budget: California Arts Council

Feb 1, 2021 - According to CAC, it hopes to use the funds to engage around 500 artists and that artwork will be placed in all 58 c ounties to guarantee the largest possible reach. However, it has not provided estimates of the number of people that would be reached by the resulting artworks.
https://lao.ca.gov/Publications/Report/4337

The 2026-27 Budget: Contract to Achieve Operational Efficiencies [Publication Details]

Mar 10, 2026 - The budget assumed that the process changes resulting from the contract would reduce state costs by $500 million in 2025-26, growing to $2 billion in annual savings by 2028-29. This post provides background on the state’s recent efforts to identify efficiencies to achieve budget savings and our office’s comments and recommendations concerning the progress of the administration’s efforts to reduce state costs through this contract.
https://lao.ca.gov/Publications/Detail/5156

The 2022-23 California Spending Plan: Housing and Homelessness

Sep 16, 2022 - The 2022-23 budget provides $500  million General Fund one time to establish the California Dream for All Program to help first-time homebuyers purchase a home. Specifically, the program assists low- and moderate-income homebuyers in the purchase of owner-occupied homes.
https://lao.ca.gov/Publications/Report/4622

The 2024-25 Budget: Broadband Infrastructure

Feb 28, 2024 - Of the $500  million General Fund requested in 2024 ‑25, $250  million is included in CDT ’s state operations budget as an anticipated appropriation based on uncodified statutory language adopted in Chapter 48 of 2022 (SB 189, Committee on Budget Fiscal Review ).
https://lao.ca.gov/Publications/Report/4867

The 2023-24 California Spending Plan: Housing and Homelessness

Oct 19, 2023 - Figure 1 Major Discretionary Housing and Homelessness Spending (In Millions) Department of Housing and Community Development Homeless Housing, Assistance and Prevention Program $1,100 Foreclosure Intervention Housing Preservation Program 83 State Excess Sites Local Government Matching Grant Program 75 Manufactured Housing Opportunity and Revitalization Program 75 Veteran Housing and Homeless
https://lao.ca.gov/Publications/Report/4808

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - In June 2025, the administration estimated that this endeavor would result in annual General Fund savings of $500  million in 2025-26, growing to roughly $2  billion General Fund annually by 2028-29.
https://lao.ca.gov/Publications/Report/5156

The 2024-25 Budget: Broadband Infrastructure at May Revision

May 23, 2024 - LLRF Eliminates Remaining $500  Million General Fund ($175  Million in 2023 ‑24, $150  Million in 2024 ‑25, $175  Million in 2025 ‑26). The May Revision eliminates the remaining $500  million General Fund appropriated or planned for appropriation for the LLRF —$175  million in 2023 ‑24, $150  million in 2024 ‑25, and $175  million in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4906

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - Additionally, the Governor proposes $500  million for the Encampment Resolution Grants Program in 2022 ‑23 administered by the California Interagency Council on Homelessness to provide targeted grants to local governments to rehouse individuals living in encampments.
https://lao.ca.gov/Publications/Report/4492

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - As shown in Figure  1 , reported state contract dollars received by DVBEs generally increased between 2018 ‑19 and 2022 ‑23. Notably, reported state contract dollars —both going to DVBEs and overall —reversed this general trend and decreased between 2022 ‑23 and 2023 ‑24.
https://lao.ca.gov/Publications/Report/5095