California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The main exception is that high wages are top-coded: all wages above a certain amount are assigned the same value. In high-wage states like California, top-coding seriously hinders analyses that consider the upper portion of the wage distribution.
https://lao.ca.gov/Publications/Report/4878/4

Income Mobility in California Across Generations - Income Mobility from the Top, Middle, and Bottom [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Income Mobility from the Top, Middle, and Bottom January 4, 2017
https://lao.ca.gov/Videos/Player?playlistId=108&videoId=166

Income Mobility in California Across Generations

Jan 4, 2017 - Just over 20 percent of these children end up in the top two–fifths as adults. Outcomes Among Children Born Into Top Fifth of Incomes. Figure 6 shows that 53 percent of Californian children born in the top fifth remain in the top two–fifths as adults.
https://lao.ca.gov/Publications/Report/3518

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Recent Actions Suggest Getting Payments to Workers Is Not a Top Priority In addition to longstanding policies and procedures that make it difficult for eligible workers to get benefits, recent actions during the pandemic also suggest that getting payments to eligible workers is not a top priority for the state.
https://lao.ca.gov/Publications/Report/4615

California's Fiscal Outlook: The 2010-11 Budget [Publication Details]

Nov 18, 2009 - Addressing this large shortfall will require painful choices—on top of the difficult choices the Legislature made earlier this year. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/2143

Annual Report on Tax Exemptions for Medicinal Cannabis

Jul 1, 2021 - The top panel of the figure summarizes the total weight of donations whose weights were specified in the Metrc data. The bottom panel summarizes the number of donated packages whose weights were not specified.
https://lao.ca.gov/Publications/Report/4447

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - Top Left: Older Homeowners, Lower Home Price Growth. Cities in this group —such as Hemet, Redding, and Richmond —have a significant amount of older homeowners but have experienced less home price growth in prior years.
https://lao.ca.gov/Publications/Report/3693

The 2019-20 Budget: Tax Conformity

Mar 6, 2019 - In addition to the effective rate changes described above, the 2017 l aw made other changes that broadened the tax base —that is, reduced or eliminated various credits and deductions. Examples of these changes include eliminating personal exemptions, ending many individual and business deductions, and imposing new limits on other common deductions.
https://lao.ca.gov/Publications/Report/3959

Managing California’s Cash

Sep 3, 2019 - After a period of relative calm in the mid ‑ and late ‑1990s, California faced another series of years with acute budget problems following the dot ‑com bust and ensuing recession. Although the dot ‑com bust was relatively mild in economic terms, it hit the California budget —which is particularly reliant on the Bay Area ’s technology sector —especially hard.
https://lao.ca.gov/Publications/Report/4092

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769