The 2021-22 Budget: Golden State Stimulus [Publication Details]

Jan 22, 2021 - The 2021-22 Budget: Golden State Stimulus [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4317

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - Other benefit costs—such as for pensions, retiree health, and employee health benefits—also tend to increase with inflation. For example, state costs for retiree health are driven by the number of retirees receiving the benefit and the cost of health premiums.
https://lao.ca.gov/Publications/Report/4647

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 13, 2024 - The data come from the state ’s Metrc “track and trace ” system for licensed cannabis. In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2023.
https://lao.ca.gov/Publications/Report/4912

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

May 12, 2022 - For instance, decreasing fuel excise taxes —absent any state funding backfill —would reduce revenues used to support state transportation projects, such as maintaining highways and local streets and roads.
https://lao.ca.gov/Publications/Report/4597

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options [Publication Details]

May 12, 2022 - In response to increasing prices across the economy—particularly fuel prices—the Legislature is contemplating a number of policies for providing fiscal relief to Californians. In this post, we identify key questions for the Legislature to consider when analyzing the merits of the options proposed by the Governor and in designing its own relief package.
https://lao.ca.gov/Publications/Detail/4597

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Background State Budget Condition State Faces Multiyear Deficits. As described in our December 2023 Fiscal Outlook and our January 2024 Overview of the Governor ’s Budget , we project ongoing General Fund operating deficits of roughly $30  billion per year.
https://lao.ca.gov/Publications/Report/4890

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - From an employment policy standpoint, the statewide measures described earlier suggest that the state ’s minimum wage is not particularly high. This is especially true in the Bay Area, where wages are substantially higher than other parts of the state.
https://lao.ca.gov/Publications/Report/4878/3

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - A primary argument for continuing California Competes grants for a fourth year is the need for state incentives to encourage CHIPS Act projects to locate in California. The CHIPS Act requires projects to demonstrate they have been offered incentives from state or local governments.
https://lao.ca.gov/Publications/Report/4846

Overview of the State Small Business Credit Initiative [Publication Details]

Feb 13, 2024 - Overview of the State Small Business Credit Initiative [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4843

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  1, the state ’s largest low-wage occupation consists of home health and personal care aides, who make up more than 4  percent of the state ’s overall workforce. We estimate that three-quarters of home health and personal care aides work as providers in the state ’s In-Home Supportive Services (IHSS) program.
https://lao.ca.gov/Publications/Report/4878/1