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

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - To help address the state budget shortfall, the budget package includes a reduction of $15  million in one-time General Fund that had been provided in a prior year for the Extreme Heat and Community Resilience Program.
https://lao.ca.gov/Publications/Report/5081

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

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

Feb 15, 2022 - The Port of Los Angeles has already identified a 15 ‑acre location to be used for the training campus. According to the administration, the training facility would build on existing training programs at the Port of Los Angeles.
https://lao.ca.gov/Publications/Report/4540

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - CDTFA ’s Cannabis Tax Program administers a 15  percent excise tax on retail sales of cannabis products. Some of the revenues from this tax pay for CDTFA ’s administration of the program, including enforcement activities.
https://lao.ca.gov/Publications/Report/5132

Income Mobility in California Across Generations

Jan 4, 2017 - While growing up in California results in lower future earnings for low–income children on average , there is a great de al of variation in these outcomes at a local level. Within California, growing up in a particular county can increase or decrease a child’s future annual income by a couple of thousand dollars.
https://lao.ca.gov/Publications/Report/3518

The 2019-20 Budget: California Spending Plan—Expands Earned Income Tax Credit (EITC)

Oct 17, 2019 - The limit will be adjusted for inflation annually after the state minimum wage reaches $15. (Under current law, minimum wage is expected to reach $15 an hour in 2022). Provides Additional Credit for Filers With a Dependent Under Age Six.
https://lao.ca.gov/Publications/Report/4099

The 2019-20 Budget: Proposition 56 Revenues: Reductions in Fixed Allocations

Feb 14, 2019 - Suppose —hypothetically —that CDTFA ’s 2018 ‑19 backfill calculation produces an estimate of 15  percent. Under the year-over-year method, the administration would calculate the 2020 ‑21 allocation by starting with the prior year ’s allocation —in this case, the $36.5  million allocated in 2019 ‑20 —and then reducing it by 15  percent.
https://lao.ca.gov/Publications/Report/3939

Understanding California’s Sales Tax [Publication Details]

May 6, 2015 - It then provides more detail about which transactions are subject to this tax, the variation in tax rates across the state, the distribution of revenue among state and local governments, and revenue growth over the last few decades. (5/12/15: Correction made to expiry date of manufacturing equipment exemption.) (5/12/15: Correction made to difference in sales tax for gasoline.)
https://lao.ca.gov/Publications/Detail/3244

California’s Fiscal Outlook: The 2011-12 Budget [Publication Details]

Nov 10, 2010 - In 2011‑12, such an approach might involve $10 billion of permanent revenue and expenditure actions and $15 billion of temporary budget solutions. In 2012‑13, 2013‑14, and 2014‑15, another few billion of permanent actions each year could be initiated, along with other temporary budget solutions, and so on until the structural deficit was eliminated.
https://lao.ca.gov/Publications/Detail/2365