Considering Medi-Cal in the Midst of a Changing Fiscal and Policy Landscape

Oct 24, 2025 - Magnitude of Costs Is Still Emerging. Though county costs from H.R.  1 are likely, the total effect across the state is uncertain. Counties and other stakeholders were still reviewing H.R.  1 ’s provisions and potential effects when we spoke to them earlier this year.
https://lao.ca.gov/Publications/Report/5083

Property tax rules for inherited property. [Ballot]

Oct 22, 2025 - The taxable value of most properties is less than their market value, because home prices usually grow faster than 2  percent per year. As a result, a property ’s taxable value often resets to a higher amount when it changes ownership.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-017

Personal income tax rates for high-income taxpayers. [Ballot]

Oct 20, 2025 - These types of income are closely tied to the stock market and therefore go up and down a lot from year to year. In a weak year, the measure might bring in aroun d $5  billion in revenue. In a strong year, the measure might bring in $15  billion in annual revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

The 2025-26 Budget: Overview of the Spending Plan

Oct 16, 2025 - However, on a cash basis, these costs would still be paid in 2025‑26 as they are incurred. Like other budget maneuvers, this creates a misalignment between the state’s cash position and its budgetary costs.
https://lao.ca.gov/Publications/Report/5079

The 2025-26 California Spending Plan: Health

Oct 16, 2025 - The initiative also includes funds to explore other market interventions to reduce the cost of diapers. When the Governor first announced this proposal, HCAI estimated the funds would cover around 25  percent of newborn babies in 2025-26 and around 50  percent of newborn babies in 2026-27.
https://lao.ca.gov/Publications/Report/5075

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

Oct 16, 2025 - Scores Some Savings Related to Vacant Positions, With Additional Reductions and Position Eliminations Still Pending. Control Section 4.12 directed savings to be achieved by eliminating vacant positions and associated funding.
https://lao.ca.gov/Publications/Report/5080

The 2025-26 California Spending Plan: Proposition 4

Oct 16, 2025 - Timing for Future Allocations of Funding Still to Be Determined. The Governor ’s Proposition  4 proposal had presented a multiyear spending approach that included both 2025-26 appropriations and planned amounts for future years through 2039-40.
https://lao.ca.gov/Publications/Report/5076

California New Car Registrations: August 2025 [EconTax Blog]

Oct 7, 2025 - Californians Still Buying Fewer Cars Than Before the Pandemic. Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic. Like many other measures of economic activity, registrations plummeted in March and April 2020.
https://lao.ca.gov/LAOEconTax/article/Detail/840

California New Car Registrations: August 2025 [EconTax Blog]

Oct 7, 2025 - Californians Still Buying Fewer Cars Than Before the Pandemic. Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic. Like many other measures of economic activity, registrations plummeted in March and April 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/840

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - California Labor Market Showing Broad Signs of Weakness [EconTax Blog] California Labor Market Showing Broad Signs of Weakness September 30, 2025 Chas Alamo Recap: What Does the Main Monthly Jobs Report Tell Us?  
https://lao.ca.gov/LAOEconTax/Article/Detail/839