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

Building Reserves to Prepare for a Recession

Mar 7, 2018 - Under Proposition  2, the state must put money into the BSA until its total reaches a maximum amount of 10  p ercent of General Fund tax revenue. Currently, this is about $13. 5  b illion. Once the BSA reaches this maximum, funds that would bring the BSA above 10  p ercent of General Fund taxes must be spent on infrastructure.
https://lao.ca.gov/Publications/Report/3769

Managing California’s Cash

Sep 3, 2019 - The early 1990s were marked by a series of sales of RANs and RAWs —at the time, the largest such sales in the state ’s history (see Figure  5). Second Cash Crunch in Early 2000s. After a period of relative calm in the mid ‑ and late ‑1990s, California faced another series of years with acute budget problems following the dot ‑com bust and ensuing recession.
https://lao.ca.gov/Publications/Report/4092

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We focus instead on each group ’s 10 th percentile hourly wages. For Low-Wage Workers, Gender Wage Gap Around 5  Percent to 10  Percent. As shown in Figure  4, we estimate the wage gap between California ’s male and female low-wage workers to be around 5  percent to 10  percent.
https://lao.ca.gov/Publications/Report/4878/3

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

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

Feb 20, 2024 - . $10  million of the $60  million would come from unspent funds from the 2023-24 allocation for California Competes grants. Among other objectives, the new round of grants would aim to encourage CHIPS Act projects to locate in California.
https://lao.ca.gov/Publications/Report/4846

Overview of Efforts to Modernize EDD’s Benefit Systems [Publication Details]

Feb 24, 2026 - Assembly Budget Subcommittee No. 5 on State Administration
https://lao.ca.gov/Publications/Detail/5135

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  5 shows both the total value of awards made and the amount recaptured for each year of the program. For awards made between 2014 and 2020, the recapture rate is almost 55  percent. This indicates that around half of the net job increases and investments promised in negotiated agreements ultimately never come to fruition or are not maintained long term.
https://lao.ca.gov/Publications/Report/5162