The 2016-17 Budget: Department of General Services

Feb 22, 2016 - Based on updated information provided by the department, the project is expected to result in annual net savings of just over $10,000 given current operations of the Central Plant. These net savings account for savings from (1) purchasing less water to irrigate Capitol Park, and (2) lower fees associated with discharging less water from the Central Plant into the
https://lao.ca.gov/Publications/Report/3362

The 2023-24 Budget: CalWORKs

Feb 22, 2023 - As shown in Figure  2, the Governor ’s budget proposes $7.3  billion in total funding for the CalWORKs program in 2022-23, a net increase of $108  million (1  percent) relative to the most recent estimate of current-year spending.
https://lao.ca.gov/Publications/Report/4699

Comparing CalWORKs Take-Up Rates Across Demographic Groups

Feb 14, 2023 - This is the second in a series of analyses estimating the percentage of California Work Opportunity and Responsibility to Kids (CalWORKs)-eligible individuals who actually enroll in the program—otherwise known as the CalWORKs take-up rate. In this analysis, we compare CalWORKs eligibility and take-up rates across various demographic and economic groups.
https://lao.ca.gov/Publications/Report/4678

Evaluating California's Pursuit of Zero Net Energy State Buildings

Nov 14, 2017 - Some of these resulting projects could be ZNE, while others might simply be low net energy use. Regardless of whether these buildings are ZNE or low net energy use, by taking into account a higher cost of GHG emissions, they will likely result in fewer emissions than traditional buildings.
https://lao.ca.gov/Publications/Report/3711

The 2022-23 Budget: Analysis of the Governor’s CalWORKs Proposals

Feb 11, 2022 - As  shown in Figure  2 , the Governor ’s budget proposes $6.9  billion in total funding for the CalWORKs program in 2022 ‑23, a net increase of $291  million (4  percent) relative to the most recent estimate of current ‑year spending.
https://lao.ca.gov/Publications/Report/4530

Estimating the CalWORKs Take-Up Rate

Feb 2, 2021 - This is the first in a series of several posts estimating the percentage of California Work Opportunity and Responsibility to Kids (CalWORKs)-eligible individuals who actually enroll in the program—otherwise known as the CalWORKs take-up rate.
https://lao.ca.gov/Publications/Report/4340

The 2022-23 Budget: Temporary Limits on Business Tax Provisions

Jan 26, 2022 - Net Operating Loss Deductions Smooth Business Profits and Losses Over Time. Companies and individuals often incur operating losses associated with their business activities in some years. These companies are able to carry the net operating losses (NOLs) forward into future tax years and deduct NOLs from their operating income.
https://lao.ca.gov/Publications/Report/4500

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104