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

Common Claims About Proposition 13 - Are Similar Property Owners Taxed Differently Under Proposition 13? [Video]

Common Claims About Proposition 13 - Are Similar Property Owners Taxed Differently Under Proposition 13? [Video] Search LAO Videos Common Claims About Proposition 13 September 19, 2016 Proposition 13 was a landmark decision by California ’s voters in June 1978 to limit property taxes.
https://lao.ca.gov/Videos/Player?playlistId=103&videoId=153

Common Claims About Proposition 13 - Did Proposition 13 Cause Residential Properties to Pay a Larger Share of Property Tax? [Video]

Common Claims About Proposition 13 - Did Proposition 13 Cause Residential Properties to Pay a Larger Share of Property Tax? [Video] Search LAO Videos Common Claims About Proposition 13 September 19, 2016 Proposition 13 was a landmark decision by California ’s voters in June 1978 to limit property taxes.
https://lao.ca.gov/Videos/Player?playlistId=103&videoId=154

Common Claims About Proposition 13 - Introduction to Proposition 13 [Video]

Common Claims About Proposition 13 - Introduction to Proposition 13 [Video] Search LAO Videos Common Claims About Proposition 13 September 19, 2016 Proposition 13 was a landmark decision by California ’s voters in June 1978 to limit property taxes.
https://lao.ca.gov/Videos/Player?playlistId=103

Managing California’s Cash

Sep 3, 2019 - On a cash basis, the fund now stands at $7. 7  b illion (as of June  30, 2019) —representing over 13  p ercent of the state ’s internal borrowable resources. (The Department of Finance ’s [DOF ’s] most recent estimate of the budgetary balance of GGRF is much lower —$1. 3  b illion for the end of 2018 ‑19.
https://lao.ca.gov/Publications/Report/4092

The 2017-18 Budget: Governor's Gann Limit Proposal

Mar 2, 2017 - The 2017-18 Budget: Governor's Gann Limit Proposal Executive Summary Voters Passed Gann Limit in 1979 to Constrain Government Spending. In the wake of Proposition  13 (1978) —the landmark initiative that limited local property taxes —voters passed another measure that limited the spending side of government operations.
https://lao.ca.gov/Publications/Report/3596

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - In particular, fund balances above $ 20  m illion at the end of 2016 ‑17 and $ 15  m illion at the end of 2017 ‑18 (and each subsequent year) transfer to the General Fund. In 2017 ‑18, the balance of the fund exceeded the threshold by $5. 7  m illion and that amount was transferred to the General Fund.
https://lao.ca.gov/Publications/Report/3885

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - Figure 2 LAO May 2018 Economic Growth Scenario a Percent Change Unless Otherwise Indicated 2017
https://lao.ca.gov/Publications/Report/3829

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We apply this method to monthly CPS data from January 2022 through December 2023 to construct the estimates that appear in Figures 3 through 7 in the post Is California’s Minimum Wage High, Low, or Somewhere in Between?
https://lao.ca.gov/Publications/Report/4878/4

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - Specifically, the state taxes corporate profits based on the business ’ share of sales generated in California (which is roughly 7 percent on average). Many of these corporations can reduce their taxes by using tax credits, such as research and development credits.
https://lao.ca.gov/Publications/Report/3830