The 2023-24 Budget: Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund Revenue Estimates

Mar 2, 2023 - Based on preliminary results, the state will receive an estimated $983  million in revenue from the February 15, 2023 auction. This is roughly equivalent to the amount the state received from the November 2022 auction ($961  million).
https://lao.ca.gov/Publications/Report/4730

The 2023-24 Budget: California Volunteers Proposed Program Expansions

Mar 1, 2023 - Given the state ’s current budget shortfall, we also do not find a compelling rationale for prioritizing this program at the expense of existing state  commitments. Adopt Governor ’s Proposed $25   Million Reduction.
https://lao.ca.gov/Publications/Report/4723

The 2023-24 Budget: Governor’s Proposals for the Department of General Services [Publication Details]

Mar 1, 2023 - This brief provides our analysis of the Governor’s 2023-24 budget proposals related to the Department of General Services.
https://lao.ca.gov/Publications/Detail/4724

The 2023-24 Budget: Governor’s Proposals for the Department of General Services

Mar 1, 2023 - Assessment Proposal Seeks to Advance the State Towards ZEV Goals, but Creates General Fund Cost Pressure. The state has set ambitious goals for transitioning the state fleet to ZEVs. This proposal has merit because it would install additional charging infrastructure at state facilities as agencies are adding more electric vehicles to their fleet.
https://lao.ca.gov/Publications/Report/4724

The 2023-24 Budget: CalRecycle’s Zero Waste Plan Proposal

Feb 28, 2023 - The proposal indicates that the zero waste plan would recommend programmatic and statutory changes needed for the state to meet and exceed the goal established under AB 341 by 2035. As mentioned earlier, the state has not yet been able to make significant progress towards meeting the current statutory AB 341 goal.
https://lao.ca.gov/Publications/Report/4719

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

The 2023-24 Budget: California's Film Tax Credit [Publication Details]

Feb 28, 2023 - The 2023-24 Budget: California's Film Tax Credit [Publication Details] Description: This brief surveys research on the economic effects of state film tax credits and analyzes the Governor's proposal to extend California's film tax credit for five years.
https://lao.ca.gov/Publications/Detail/4713

Overview of State Housing Spending [Publication Details]

Feb 28, 2023 - Overview of State Housing Spending [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/4717

The 2023-24 Budget: Financing Approaches for Capital Outlay Projects

Feb 28, 2023 - For example, if the state has a budget deficit, bonds can fund important projects w ithout forcing the state to cut into existing programs. On the other hand, cash financing has certain benefits over bonds.
https://lao.ca.gov/Publications/Report/4709

The 2023-24 Budget: Proposed Fund Shift for CHP and DMV Capital Projects

Feb 27, 2023 - For example, when the state has a budget problem, bonds can help fund the project while lessening potential pressure on the state to cut into existing programs. On the other hand, one benefit of using cash is that, compared to bonds, it results in a lower overall project cost because the state does not have to pay interest.
https://lao.ca.gov/Publications/Report/4710