The 2017-18 Budget: Governor's Gann Limit Proposal

Mar 2, 2017 - In effect, the funds become “nowhere money, ” meaning they are not accounted for under Gann Limit calculations.
https://lao.ca.gov/Publications/Report/3596

Taxation of Sugary Drinks

Nov 26, 2018 - Adjusting Rate Over Time Inflation Can Reduce Real Tax Rates Over Time. Prices tend to rise over time. Due to this inflation, the real value of any fixed amount of money —such as a tax rate defined as a specific number of cents per ounce —diminishes over time.
https://lao.ca.gov/Publications/Report/3903

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Money returned to the General Fund can be spent on a much wider array of programs than those supported by the Cannabis Tax Fund. Consequently, shifting enforcement costs from the Cannabis Tax Fund to the General Fund is inefficient.
https://lao.ca.gov/Publications/Report/5132

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - Throughout this section, we sometimes discuss spending in terms of its real value. The nearby box describes this term. Real Value The real value of a dollar refers to the amount of goods and services that dollar can buy.
https://lao.ca.gov/Publications/Report/4647

The 2020-21 Budget: Taxation of E-Cigarettes

Feb 24, 2020 - Adjusting Rate for Inflation Inflation Can Reduce Real Tax Rates Over Time. Prices tend to rise over time. Due to this inflation, the real economic value of any fixed amount of money —such as one dollar per 20 m illigrams of nicotine —diminishes over time.
https://lao.ca.gov/Publications/Report/4171

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - The second is encouraging retailers to shift the legally-defined place of sale without changing the location of any real economic activity. E-commerce can enable this type of revenue shifting. As another example, consider a fuel supplier that makes advance sales of large amounts of fuel from a sales office.
https://lao.ca.gov/Publications/Report/5074

Fixing Unemployment Insurance

Dec 2, 2024 - This means that California ’s maximum benefit has, in real terms, fallen by nearly half over the last two decades. California ’s Benefits Meet Federal Standard for Only Half of Workers. The UI program is intended to replace half a worker ’s wages for 26  weeks.
https://lao.ca.gov/Publications/Report/4943

The 2020-21 Budget: Expanding the Minimum Franchise Tax Exemption

Mar 23, 2020 - For example: Energy and real estate development companies commonly form new partnerships to attract financing for new projects. Many real estate leasing companies create a new, legally independent company to hold each property that they own.
https://lao.ca.gov/Publications/Report/4207

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - ABLE accounts are tax-advantaged savings accounts that allow the families of individuals with disabilities to save money for their future care. Contributions to ABLE accounts are not tax deductible but the earnings are excluded from income for state and federal tax purposes.
https://lao.ca.gov/Publications/Report/4100

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Analysis Target Populations Have Real but Varying Needs. While characteristics of CA RISE participants are not available, data from LA:RISE show that likely participants have difficulty maintaining stable employment.
https://lao.ca.gov/Publications/Report/5018