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

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

Jan 14, 2019 - In addition to required annual contributions, the Governor proposes that the state make supplemental contributions from the General Fund to the pension systems to reduce the unfunded liabilities and reduce state costs over the next few decades.
https://lao.ca.gov/Publications/Report/3916

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

Managing California’s Cash

Sep 3, 2019 - Over the next few decades, funds that pay pension costs accrue benefits through lower employer contributions costs relative to what they would be otherwise. Finally, funds that accrue these benefits are to repay the loan to the PMIA with interest.
https://lao.ca.gov/Publications/Report/4092

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

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

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Other unusual questions relate to: (1)  disaster unemployment assistance, a special federal program for workers in disaster areas; (2)  pension income; (3)  workers ’ compensation and disability benefits for injured workers; (4)  the worker ’s prospects of starting a self ‑employment business; (5)  whether the worker is the officer of a private corporation; (6)  whether the
https://lao.ca.gov/Publications/Report/4615

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 14, 2023 - 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 2022.
https://lao.ca.gov/Publications/Report/4777

The 2023-24 Budget: Multiyear Budget Outlook [Publication Details]

May 23, 2023 - The 2023-24 Budget: Multiyear Budget Outlook [Publication Details] Description: This brief presents our office’s independent assessment of the condition of the state General Fund budget through 2026‑27 under our forecast of revenues and spending, assuming the Governor’s May Revision policies were adopted.
https://lao.ca.gov/Publications/Detail/4772

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

Feb 28, 2023 - In the wake of the Great Recession, a number of states eliminated their programs. Nonetheless, 37 states currently have active film tax  incentives. Recent Expansions in Other States. According to the National Conference of State Legislatures, at least ten states created or expanded film tax incentives in 2021.
https://lao.ca.gov/Publications/Report/4713