The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - First, marrying Opportunity Zone benefits with affordable housing financing could complicate an already complex process which often involves multiple funding steams and complicated legal arrangements.
https://lao.ca.gov/Publications/Report/4038

Updating the California Necessities Index

Aug 14, 2025 - We consider the most common price indices specific to California: the California Consumer Price Index for Urban Consumers (CA CPI ‑U) and the California Consumer Price Index for Wage and Clerical Workers (CA CPI ‑W).
https://lao.ca.gov/Publications/Report/5065

Updating the California Necessities Index [Publication Details]

Aug 14, 2025 - Recent changes were made to the publication of statistics required to calculate the California Necessities Index, which is used to adjust certain benefit rates and cost-of-living adjustments. In this brief, we provide details on the changes and evaluate alternatives for the index that require only currently available data and conform to the original intent of the index.
https://lao.ca.gov/Publications/Detail/5065

Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - Maritime Fuel Prices. According to Ship & Bunker , the average price of marine gas oil (a major type of maritime fuel) at the ports of Los Angeles and Long Beach was $781 per metric ton in October 2025.
https://lao.ca.gov/Publications/Report/5094

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options The 2022-23 Budget Fuel Price and Other Fiscal Relief Options Summary. In response to increasing prices across the economy —particularly fuel prices —the Legislature is considering a number of policies for providing fiscal relief to Californians.
https://lao.ca.gov/Publications/Report/4597

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The California Constitution specifies that the property value used for determining property taxes is set at the property ’s purchase price and then increased annually by 2  percent or less. However, Proposition  19 (2020) allows certain homeowners (such as people who are 55 years or older) to transfer their existing home value for property tax purposes to a new home anywhere in the state.
https://lao.ca.gov/Publications/Report/5130

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - Slightly Lower Prices at the Pump. Available  evidence suggests that lower excise taxes likely would result in lower retail prices. The exact effect on retail prices is uncertain, but most of the change in the tax rate likely would be passed through to prices at the pump.
https://lao.ca.gov/Publications/Report/4528

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - Asset Prices. Some signs suggest that two important assets —stocks and homes in certain markets —are somewhat overvalued. The price of stocks is related, over the long term, to corporate earnings. Accordingly, price-to-earnings (PE) ratios are one key metric used to evaluate stock prices.
https://lao.ca.gov/Publications/Report/3829

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - The extent of this effect, however, will d epend on past home price appreciation in the community. The largest boost in revenues will come in communities where home prices have risen the most in past years.
https://lao.ca.gov/Publications/Report/3693

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - The extent to which changes in tax rates would result in changes in retail prices. The average retail markup over wholesale prices. The magnitude of the consumer response to changes in legal retail prices.
https://lao.ca.gov/Publications/Report/4125