The 2025-26 California Spending Plan: Proposition 4

Oct 16, 2025 - Figure 2 Budget Package Approves New Positions to Implement Proposition 4 Department
https://lao.ca.gov/Publications/Report/5076

The 2025-26 California Spending Plan: Proposition 4 [Publication Details]

Oct 16, 2025 - The 2025-26 California Spending Plan: Proposition 4 [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/5076

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Jun 27, 2025 - The state and Unit 9 agreed to this prefunding arrangement in 2015 with the fund expected to be fully funded for Unit 9 within 30 years. Today, the state and employees represented by Unit 9 contribute 2 percent of pay to prefund the benefit for Unit 9 members.
https://lao.ca.gov/Publications/Report/5061

Unit 9 (Professional Engineers) MOU Analysis [Publication Details]

Aug 25, 2022 - Unit 9 (Professional Engineers) MOU Analysis [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/4620

Unit 9 (Professional Engineers) MOU Analysis

Aug 25, 2022 - Specifically, employees with (1) 17 years of service would be eligible to receive 2 percent of base salary, (2) 18 years of service would be eligible to receive 3 percent of base salary, (3) 19 years of service would be eligible to receive 4 percent of base salary, and (4) 20 years or more of service would be eligible to receive 5.5 percent of base salary.
https://lao.ca.gov/Publications/Report/4620

MOU Fiscal Analysis: Bargaining Unit 9 (Professional Engineers)

Aug 28, 2018 - Pay Increases for All Unit 9 Members in 2018-19 and 2019-20. The agreement provides two General Salary Increases (GSIs) to all Unit 9 members. Specifically, the agreement would give employees a 4.5  percent pay increase retroactively effective on July 1, 2018 and a 4  percent pay increase effective on July 1, 2019.
https://lao.ca.gov/Publications/Report/3880

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - Because 9   percent tax credits generally deliver more than twice the equity of 4   percent credits, they can be a powerful tool for supporting deeply affordable housing projects (that is, projects targeting people with the lowest income levels).
https://lao.ca.gov/Publications/Report/5154

The 2025-26 California Spending Plan: Natural Resources and Environmental Protection

Oct 16, 2025 - The budget includes $9  million from the General Fund for carbon-free energy projects. This includes (1) $5  million to support nuclear fusion projects, including related to the Fusion Research and Development Innovation Initiative; and (2) $4  million for the CADEMO offshore wind project, which is planned off the coast of Point Arguello (near Vandenberg Space Force Base).
https://lao.ca.gov/Publications/Report/5080