The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - On the other hand, if GO-Biz chose to allocate a large fraction of the current credit pool over a short period, it would sharply increase the fiscal cost of the program over the next several years as credits are claimed.
https://lao.ca.gov/Publications/Report/5162

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

Feb 20, 2024 - They are concerned that their low cash on hand will prevent them for receiving the lowest possible borrowing costs on their bonds and, therefore, have requested $50  million General Fund to boost their cash on hand and ensure favorable borrowing terms.
https://lao.ca.gov/Publications/Report/4846

The 2019-20 Budget: Proposition 56 Revenues: Reductions in Fixed Allocations

Feb 14, 2019 - The right-hand side of Figure  3 illustrates the allocation for graduate medical education under the base year method. Suppose —hypothetically —that CDTFA ’s 2018 ‑19 backfill calculation produces an estimate of 15  percent.
https://lao.ca.gov/Publications/Report/3939

Updating the California Necessities Index

Aug 14, 2025 - On the other hand, adopting option C, which uses the national estimate for changes in the prices of household fuels and other utilities, would make it more likely that large changes in prices of household fuels and other utilities are reflected in the CNI, but may reflect changes happening at the national level, not in California.
https://lao.ca.gov/Publications/Report/5065

The 2020-21 Budget: Taxation of E-Cigarettes

Feb 24, 2020 - On one hand, to the extent that the tax reduces the number of people who become addicted to nicotine, it could reduce cigarette smoking. On the other hand, to the extent that the tax reduces the number of smokers who switch from cigarettes to e ‑cigarettes, it could increase cigarette smoking.
https://lao.ca.gov/Publications/Report/4171

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - This decline suggests that a substantial share of workers spend just a handful of years in low-wage jobs before moving on to mid-to-high-wage jobs. Much Lower Mobility After Age 32. Strikingly, net mobility out of low-wage work seems to stop abruptly when workers are in their early 30s.
https://lao.ca.gov/Publications/Report/4878/2

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - On one hand, we estimate that California ’s low-wage gender gap is noticeably smaller than nationwide benchmarks. On the other hand, the state ’s estimated gaps between white and Latino low-wage workers —and between low-wage and average workers —are similar to nationwide estimates.
https://lao.ca.gov/Publications/Report/4878/3

Fixing Unemployment Insurance

Dec 2, 2024 - Absent the federal surcharge, little or no reserves would be on hand at the start of the next recession, further increasing the state ’s reliance on costly federal  loans. Broken Financing System Also Undermines Key Objectives of the UI Program.
https://lao.ca.gov/Publications/Report/4943

The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

Mar 6, 2019 - On one hand, by increasing the value of initial earnings, an EITC encourages people to enter the workforce. On the other hand, the EITC reduces the incentive to work for those with income within the “phase out ” range (where the credit amount is declining).
https://lao.ca.gov/Publications/Report/3960

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Some transit agencies, on the other hand, are on pace to convert their bus fleets entirely to ZEBs far ahead of the ICT deadlines. For example, the Antelope Valley Transit Authority completed its transition to an all-ZEB fleet in 2022.
https://lao.ca.gov/Publications/Report/4890