California’s First Film Tax Credit Program [Publication Details]

Sep 29, 2016 - California’s First Film Tax Credit Program [Publication Details] California’s First Film Tax Credit Program Format: HTML Description: In this report, as required by law, we evaluate the economic effects and the administration of the first film tax credit program passed in 2009.
https://lao.ca.gov/Publications/Detail/3502

LAO Revenue-Raising Proposals [Publication Details]

Feb 20, 2008 - LAO Revenue-Raising Proposals [Publication Details] HTML Description: The Governor’s budget includes almost no new revenue-raising proposals. Given the magnitude of the budget problem, we examine the state’s existing tax structure in the same way as the spending side--with an eye towards reducing inefficient or ineffective provisions.
https://lao.ca.gov/Publications/Detail/1769

Tax Expenditure Reviews [Publication Details]

Nov 16, 2007 - Tax Expenditure Reviews [Publication Details] HTML Description: Tax expenditure programs (TEPs) are features of the tax code—including credits, deductions, exclusions, and exemptions—that enable a targeted set of taxpayers to reduce their taxes relative to what they would pay under a “basic” tax-law structure.
https://lao.ca.gov/Publications/Detail/1684

The 2015-16 Budget: Cigarette Tax and Licensing Programs [Publication Details]

Apr 22, 2015 - The 2015-16 Budget: Cigarette Tax and Licensing Programs [Publication Details] The 2015-16 Budget: Cigarette Tax and Licensing Programs Format: HTML Description: California imposes excise taxes on cigarettes and on other tobacco products such as cigars and chewing tobacco.
https://lao.ca.gov/Publications/Detail/3239

The 2011-12 Budget: The Administration's Revenue Accrual Approach [Publication Details]

Jan 31, 2011 - The 2011-12 Budget: The Administration's Revenue Accrual Approach [Publication Details] The 2011-12 Budget: The Administration's Revenue Accrual Approach Format: HTML Description: For four of its budget proposals, the administration uses a new approach for accruing (attributing) revenues to each fiscal year.
https://lao.ca.gov/Publications/Detail/2420

2009-10 Budget Analysis Series: Revenues [Publication Details]

Feb 6, 2009 - 2009-10 Budget Analysis Series: Revenues [Publication Details] 2009-10 Budget Analysis Series: Revenues Format: HTML Description: To assist the Legislature in resolving the 2009‑10 budget gap, we developed a list of proposals that would raise more than $5 billion in each of 2009‑10 and 2010‑11.
https://lao.ca.gov/Publications/Detail/1923

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769

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

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943

Managing California’s Cash

Sep 3, 2019 - 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. Although the dot ‑com bust was relatively mild in economic terms, it hit the California budget —which is particularly reliant on the Bay Area ’s technology sector —especially hard.
https://lao.ca.gov/Publications/Report/4092