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Economy and Taxes (29)
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The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Actual spending on the Tobacco Licensing Program declined from $9.1  million in 2021 ‑22 to $6.9  million in 2024 ‑25, while actual spending on the Cannabis Tax Program grew from $8.4  million in 2021 ‑22 to $16.2  million in 2024 ‑25.
https://lao.ca.gov/Publications/Report/5132

The 2020-21 Budget: California Department of Tax and Fee Administration (CDTFA)

Mar 20, 2020 - A reduction of $1.1 million in 2020-21 and 2021-22 and $0.9 million in 2022-23 and ongoing from various funds —primarily the General Fund and reimbursements from local governments. Tobacco Tax Proposal.
https://lao.ca.gov/Publications/Report/4205

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - Since the flavor ban, however, revenues have declined much faster, from $1.84  billion in 2021-22 to $1.6  billion in 2022-23, then to $1.35  billion in 2023-24 (not including the new tax on electronic cigarettes).
https://lao.ca.gov/Publications/Report/4966

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - The 2020 ‑21 Budget Act assumes this change will increase General Fund revenues by $12  million in 2020 ‑21 and $24  million in 2021 ‑22. Extends Sales Tax Exemption for Diaper and Menstrual Products.  
https://lao.ca.gov/Publications/Report/4270

The 2021-22 Budget: Golden State Stimulus [Publication Details]

Jan 22, 2021 - The 2021-22 Budget: Golden State Stimulus [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/4317

The 2021-22 Budget: Small Business Grants [Publication Details]

Jan 22, 2021 - The 2021-22 Budget: Small Business Grants [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/4316

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - Near-Term LAO Outlook Significantly Higher Than Administration Forecast Figure 2 shows the administration ’s forecast of General Fund revenues through 2021-22. Figure 3 compares our revenue outlook with that of the administration.
https://lao.ca.gov/Publications/Report/3830

The 2020-21 May Revision: Revenue Proposals in the 2020-21 May Revision

May 20, 2020 - As a result, they estimate that this proposal would raise $12  million General Fund in 2020 ‑21 and $24  million General Fund in 2021 ‑22. Use Estimated Market Value to Calculate Use Tax on Vehicles.
https://lao.ca.gov/Publications/Report/4238

An Update on California’s Cash Management Situation

Aug 31, 2020 - While many developments between now and 2021-22 will affect the state ’s cash position, the state ’s cash plan for 2021-22 will need to accommodate unusually large cash payments to schools in these months.
https://lao.ca.gov/Publications/Report/4266

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Across the budget window (2021 ‑22 through 2023 ‑24), our revenue projections are $11  billion lower than the administration ’s estimates. We discuss our economic and revenue outlook in greater detail here: The 2023‑24 Budget: May Revenue Outlook .
https://lao.ca.gov/Publications/Report/4772