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Economy and Taxes (29)
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The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - If the Legislature is concerned about the potential for a short-term spike in the program ’s fiscal costs, especially in light of the state ’s structural budget issues, some modifications could be considered.
https://lao.ca.gov/Publications/Report/5162

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This amount includes $10  million for Federation Internationale de Football Association (FIFA) World Cup security costs, $10  million for Family Justice Centers, and $8  million to the City of Los Angeles for fire engine purchases.
https://lao.ca.gov/Publications/Report/5081/

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - The budget package ma de two changes to ABLE account rules to conform to 2017 changes in federal law. The first change was to allow beneficiaries of ABLE accounts that have their own income to contribute amounts up to the federal poverty level to their own ABLE accounts.
https://lao.ca.gov/Publications/Report/4100

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - This share is higher in some counties, such as San Luis Obispo (7  percent), El Dorado (6  percent), Sonoma (6  percent), and Santa Babara (5  percent). Figure  7 reports our estimates of these fiscal effects for the 25 counties where these effects are the largest.
https://lao.ca.gov/Publications/Report/3693

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - The administration notes that the campus would train new workers, consistent with the longstanding role of CWDB, but also would re ‑train existing workers on how to use emerging port technology (especially related to the adoption of low ‑ or zero ‑emission cargo handling equipment).
https://lao.ca.gov/Publications/Report/4540

Statewide Minimum Wage Increasing in January

Dec 6, 2016 - Many Bay Area Cities ’ Minimum Wages Will Be Higher Than State ’s (Hover over cities for minimum wage information) Mountain View Oakland Richmond San Francisco Palo Alto Sunnyvale Santa Clara Berkeley San Mateo El Cerrito Emeryville Cupertino Los Altos (Updated 12/21/2016 to include Los Altos.)
https://lao.ca.gov/Publications/Report/3512

The 2017-18 Budget: The Board of Equalization

Mar 7, 2017 - Taken together, these facts suggest that many loans are de facto additions to board members ’ staff in excess of budgetary authority. LAO Recommendation Use Provisional Language to Restrict Board Members ’ Use of Resources.
https://lao.ca.gov/Publications/Report/3609

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Dutz et al. (2022) use a Norwegian survey to assess the performance of a variety of models that predict survey nonrespon se based on this type of assumption. They find that methods based on conventional econometric models perform at least as well as methods based on machine learning models.
https://lao.ca.gov/Publications/Report/4878/4

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

Mar 18, 2025 - Recent evidence from academic research has found that the California Competes tax credit is fairly effective at increasing employment and providing an economic benefit to the state, especially relative to other tax expenditure programs in California and elsewhere.
https://lao.ca.gov/Publications/Report/5018

Why Have Sales Taxes Grown Slower Than the Economy? [Publication Details]

Aug 5, 2013 - Starting in 1980, however, California consumers began to spend a growing share of their income each year on nontaxable items, especially services, and a declining share of their income on taxable goods.
https://lao.ca.gov/Publications/Detail/2800