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Economy and Taxes (99)
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Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - This section describes these agreements and the commitments now being funded by Proposition  2 debt payments. (A more detailed list of Proposition  2 eligible debts and recent uses of funding is available on page 4 of this budget brief and page 2 of the administration’s multiyear projections .)
https://lao.ca.gov/Publications/Report/3727

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Figure 4 Summary of Governor ’s Disaster ‑Related Proposals for 2019 ‑20 ( In Millions)
https://lao.ca.gov/Publications/Report/3916

Building Reserves to Prepare for a Recession

Mar 7, 2018 - In his 2018 ‑ 19 b udget plan, the Governor proposes ending the year with $15. 7  b illion in total reserves (see Figure  4 ). This would consist of two amounts: $13. 5  b illion in the BSA and $2. 3  b illion in the SFEU.
https://lao.ca.gov/Publications/Report/3769

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

Managing California’s Cash

Sep 3, 2019 - The General Fund ’s share of the loan will be repaid from the state ’s annual Proposition  2 (201 4) d ebt payment requirements. (These requirements vary from year to year according to a formula, but are generally $ 1  b illion or more depending on expected state revenue performance.)
https://lao.ca.gov/Publications/Report/4092

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - Evidence from Georgia and North Carolina. ” Evidence from Georgia and North Carolina (August 4, 2019) (2019). Bradbury, John Charles. “Do movie production incentives generate economic development? ” Contemporary Economic Policy 38.2 (2020): 327 ‑342.
https://lao.ca.gov/Publications/Report/4713

Local Sales Tax Rebates in 2023-24

Sep 16, 2025 - Substantial Rebates in Many Counties … As shown in Figure  2, 2023-24 rebate payments varied across counties. In nine counties, rebates exceeded $5 per resident. In seven others, rebates ranged from $1 to $5 per resident.
https://lao.ca.gov/Publications/Report/5074

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - As shown in Figure  4, the operating surplus under the Governor ’s budget is roughly $ 400  m illion in 2023 ‑24. This assumes, however, that the suspensions take effect, reducing General Fund spending by $2. 2  b illion in that year.
https://lao.ca.gov/Publications/Report/4135

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - First, the program received an additional $4  billion to provide through its traditional competitive process. The program awarded this funding to local agencies in the spring of 2023. Second, the program received $4  billion —$2  billion in 2023-24 and $1  billion planned for both 2024-25 and 2025- 26 —to provide on a formula basis to local agencies for capital and/or operational expenses.
https://lao.ca.gov/Publications/Report/4890

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - Figure 2 Administration May 2018 Revenue Forecast General Fund (In Millions)
https://lao.ca.gov/Publications/Report/3830