Updating the California Necessities Index

Aug 14, 2025 - Therefore, any measure that requires statistics on the prices of a small set of goods in metropolitan areas —which includes options A, B, and C —may be at higher risk to future BLS publication changes.
https://lao.ca.gov/Publications/Report/5065

Updating the California Necessities Index [Publication Details]

Aug 14, 2025 - Recent changes were made to the publication of statistics required to calculate the California Necessities Index, which is used to adjust certain benefit rates and cost-of-living adjustments. In this brief, we provide details on the changes and evaluate alternatives for the index that require only currently available data and conform to the original intent of the index.
https://lao.ca.gov/Publications/Detail/5065

California Housing Affordability Tracker (4th Quarter 2025) [EconTax Blog]

Jan 24, 2024 - Our post provides an updated snapshot of housing affordability in California. Over the last few years, we have seen a rapid increase in California housing costs, led by the dramatic increase in the costs of purchasing a home. Despite no significant growth in housing prices since 2024, monthly costs for a newly purchased home are about $2,400 higher than they were just a few years ago.
https://lao.ca.gov/LAOEconTax/Article/Detail/793

California Housing Affordability Tracker (4th Quarter 2025) [EconTax Blog]

Jan 24, 2024 - Our post provides an updated snapshot of housing affordability in California. Over the last few years, we have seen a rapid increase in California housing costs, led by the dramatic increase in the costs of purchasing a home. Despite no significant growth in housing prices since 2024, monthly costs for a newly purchased home are about $2,400 higher than they were just a few years ago.
https://lao.ca.gov/LAOEconTax/article/Detail/793

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Figure 4 SSI/SSP Monthly Maximum Grant Levels a 2024 ‑25 (Actual) Percent of federal poverty level b 93% Percent of federal poverty level b 117% 116% 114% a The maximum monthly grants displayed refer to those for aged and disabled individuals and couples living in their own households, effective as of January 1 of the respective calendar year. b Compares grant level to federal poverty guidelines from the U.S.
https://lao.ca.gov/Publications/Report/5148

The 2024-25 Budget: Preliminary May Revision Analysis for Child Welfare

May 24, 2024 - Passing only what is necessary this year would allow more time for the remaining stakeholder questions and policy issues to be worked out and give the Legislature the chance to assess whether the rates structure is in line with its vision for permanent CC R rates.
https://lao.ca.gov/Publications/Report/4909

Changes in California Community Colleges Proposition 98 Spending, 2026-27 [EdBudget]

Jan 21, 2026 - COLA = cost-of-living adjustment. RSI = related and supplemental instruction. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/1039

Major Proposition 98 Spending Proposals [EdBudget]

Jan 23, 2026 - LCFF = Local Control Funding Formula, COLA = Cost-of-living adjustment, COE = county office of education, FCMAT = Fiscal Crisis Management Assistance Team, and RSI = related and supplemental instruction.
https://lao.ca.gov/Education/EdBudget/Details/1064

2026-27 Changes in Proposition 98 Spending [EdBudget]

Jan 23, 2026 - LCFF = Local Control Funding Formula, COLA = cost-of-living adjustment, FCMAT = Fiscal Crisis and Management Assistance Team, and RSI = related and supplemental instruction Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/1067

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852