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Economy and Taxes (3)
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The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - While the characteristics of awards made by GO-Biz vary significantly within any given year, there has been a noticeable shift in the number and average size of awards over time: Figure  2 shows the number of awards made and the average credit amount per agreement for each year of the program.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130

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

Feb 23, 2026 - There is no fixed number of inspections that must be conducted. Instead, the right number of inspections depends on costs and benefits —some of which, like deterring illegal activities and promoting fair competition, can be very difficult to quantify.
https://lao.ca.gov/Publications/Report/5132