Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - Growth in Market Value Generally Exceeds Growth in Taxable Value. Most properties ’ market values grow faster than 2  p ercent per year. As a result, under Proposition  13, the taxable value of most properties is less than their market value.
https://lao.ca.gov/Publications/Report/3885

A Review of LifeLine Budget Estimates and Enrollment Process

Apr 3, 2019 - Inconsistent Marketing Across Geography and Populations. Carriers have an incentive to conduct outreach and marketing in areas where they are likely to get the most customers (such as urban areas), but carrier marketing activities might be more limited in rural areas of the state.
https://lao.ca.gov/Publications/Report/3995

The Property Tax Inheritance Exclusion

Oct 9, 2017 - This change would reduce the overall financial benefit provided by the exclusion —in recognition of the relative affluence of many beneficiaries —while still providing some short ‑term relief. The interim period during which the increase is phased in could provide the family member time to make financial arrangements to accommodate the ongoing ownership costs of their inherited property.
https://lao.ca.gov/Publications/Report/3706

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - According to the department, the cause of the decline in applications is due to fluctuations in the housing market. Governor ’s Proposal January Budget Projected a Negative Fund Balance at End of 2025-26.
https://lao.ca.gov/Publications/Report/5019

Perspectives on Helping Low-Income Californians Afford Housing

Feb 9, 2016 - Building New Housing Indirectly Adds to the Supply of Housing at the Lower End of the Market. New market –rate housing typically is targeted at higher –income households. This seems to suggest that construction of new market –rate housing does not add to the supply of lower –end housing.
https://lao.ca.gov/Publications/Report/3345

The 2021-22 Spending Plan: Other Provisions

Sep 23, 2021 - Visit California is responsible for marketing the state as a tourism destination and is funded through a voluntary assessment on the tourism industry. Increases Visit California Transparency. The budget package requires Visit California to prepare reports for the Legislature that identify how the public funds provided for tourism marketing were used and that measure the effectiveness of those marketing activities.
https://lao.ca.gov/Publications/Report/4452

Improving Legislative Oversight of Emergency Authorities

Apr 10, 2025 - The remaining 53  states of emergency declared since October 30, 2015 that were still open on December 31, 2024 had been open for an average of about two years —ranging from a couple weeks to over nine years.
https://lao.ca.gov/Publications/Report/5029

The 2022-23 Budget: Office of Planning and Research Budget Proposals

Feb 9, 2022 - Our office is still reviewing this information and we plan to release our assessment later this budget cycle. Legislative and Administrative Proposals We do not have comments on or concerns with the following budget change proposals: Extend and Re ‑Appropriate Funding for Climate Change Research.
https://lao.ca.gov/Publications/Report/4523

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Instead, the gains appear largely tied to the booming stock market, a situation which can change rapidly and without warning. The  administration appears to share some of these concerns, noting recent job losses among high ‑wage workers and the risks posed by the inherent volatility of tax receipts tied to stock market gains.
https://lao.ca.gov/Publications/Report/4951

The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals

Feb 14, 2020 - We further recommend that the Legislature consider changes to cannabis tax rates to achieve the three goals identified in Proposition  64: undercutting illicit market prices, generating sufficient revenues, and discouraging youth use.
https://lao.ca.gov/Publications/Report/4162