The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - For example, the minimum funding level for schools and community colleges is set by the constitutional requirements of Proposition  98 (1988). While the Legislature can change how funds within Proposition  98 are distributed, funding less than the constitutional minimum in any particular year requires a two-thirds vote and creates a future obligation for more school funding in subsequent budgets.
https://lao.ca.gov/Publications/Report/4983

Cannabis Tax Revenue Update [EconTax Blog]

Aug 30, 2023 - The administration currently estimates that retail excise tax revenue was $157 million in the second quarter of calendar year 2023 (April through June). The revised estimate for the first quarter of 2023 (January through March) is now $129 million, substantially higher than the $104 million preliminary estimate announced in May.
https://lao.ca.gov/LAOEconTax/article/Detail/781

Cannabis Tax Revenue Update [EconTax Blog]

Aug 30, 2023 - The administration currently estimates that retail excise tax revenue was $157 million in the second quarter of calendar year 2023 (April through June). The revised estimate for the first quarter of 2023 (January through March) is now $129 million, substantially higher than the $104 million preliminary estimate announced in May.
https://lao.ca.gov/LAOEconTax/Article/Detail/781

The 2023-24 Budget: Overview of Information Technology Project Proposals

Mar 17, 2023 - We also recommend the Legislature request this report no later than April 1, 2024 to inform the 2024-25 budget process. Direct CDT and DOF to Work With Legislature on Oversight of Enterprise Modernization Efforts and Projects Using Agile Approach.
https://lao.ca.gov/Publications/Report/4746

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Sep 7, 2021 - Specifically, Section 19829.5 of the Government Code specifies that CalHR “shall provide a memorandum of understanding pursuant to Section 3517.5 to the Legislative Analyst who shall have 10 calendar days from the date the tentative agreement is received to issue a fiscal analysis to the Legislature. […] The memorandum of understanding shall not be subject to legislative
https://lao.ca.gov/Publications/Report/4451

Financial Aid Award Coverage [EdBudget]

Aug 6, 2021 - Available for up to two calendar years. UC Grant Provides tuition and nontuition coverage for UC students. Aid is applied after Cal Grants. Available for up to six years of full-time study (or its equivalent).
https://lao.ca.gov/Education/EdBudget/Details/539

The 2022-23 California Spending Plan: Human Services

Oct 21, 2022 - These rates are now in effect through December 31, 2024, with ongoing rates expected to be established by January 1, 2025. Increases County Responsibilities Around Assisting Older Foster Youth to Access Supplemental Security Income (SSI).
https://lao.ca.gov/Publications/Report/4640/4

The 2022-23 Budget: State Appropriations Limit Implications

Mar 30, 2022 - The scenario shown in Figure  5 assumes the state saves $10  billion in 2022 ‑23 and then uses those funds to pay for SAL requirements in 2023 ‑24 and/or 2024 ‑25. As such, the nearly $10  billion in funds available as a result of rejecting these proposals must be saved to help balance the budget in the future.
https://lao.ca.gov/Publications/Report/4583

California's Legislative Analyst's Office and the Value of Independence

Nov 15, 2024 - California 's Legislative Analyst 's Office and the Value of Independence November 15, 2024 Tweet Gabriel PetekLegislative Analyst Providing the Legislature with a clear picture of the state ’s budget condition and the fiscal choices it faces is a cornerstone responsibility of the Legislative Analyst ’s Office (LAO).
https://lao.ca.gov/Publications/Report/4938

The 2023-24 Budget: Department of Developmental Services

Feb 15, 2023 - The Governor proposes delaying the implementation of this two ‑year program until 2024 ‑25. In last year’s analysis , we raised several issues with the design of these grants—all of these concerns still apply.
https://lao.ca.gov/Publications/Report/4683