Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog]

May 21, 2025 - As Chapter 231 went through the legislative policy process, the administration preliminarily estimated that the new firearm and ammunition excise tax would raise $159 million in 2024-25. In May 2024, the administration revised its estimate to $103 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/830

Firearms and Ammunition Revenue Update (2025 Q1) [EconTax Blog]

May 21, 2025 - As Chapter 231 went through the legislative policy process, the administration preliminarily estimated that the new firearm and ammunition excise tax would raise $159 million in 2024-25. In May 2024, the administration revised its estimate to $103 million.
https://lao.ca.gov/LAOEconTax/article/Detail/830

Proposition 98 Key Inputs and Outcomes Under the May Revision [EdBudget]

May 16, 2025 - Beginning in 2024-25, this amount is folded into the Proposition 98 guarantee. b Chapter 27 of 2024 (SB 154, Committee on Budget and Fiscal Review) suspended the Proposition 98 guarantee and set forth this amount as the intended funding level.
https://lao.ca.gov/Education/EdBudget/Details/962

California State Library Budget [EdBudget]

May 7, 2025 - California State Library Budget [EdBudget]   a Includes $11.1 million in carryover funds. b Reflects reductions pursuant to Control Section 4.05 and Control Section 4.12 of the 2024-25 Budget Act. Specifically, Control Section 4.05 reduced the State Library's ongoing General Fund support by $2.4 million beginning in 2024-25.
https://lao.ca.gov/Education/EdBudget/Details/928

Comparing Middle Class Scholarships at Governor's Budget and May Revision [EdBudget]

May 18, 2025 - Comparing Middle Class Scholarships at Governor's Budget and May Revision [EdBudget] 77 Note: Data for 2024-25 and 2025-26 are estimates. a Though the budget plan included $527 million for the program, CSAC anticipated spending $519 million in 2025-26 under its October 2024 estimates.
https://lao.ca.gov/Education/EdBudget/Details/973

The 2025-26 Budget: Initial Comments on the Governor's May Revision

May 17, 2025 - In June 2024, the Legislature not only addressed the 2024 ‑25 budget problem, but also took proactive steps to mitigate the anticipated 2025 ‑26 budget challenge. The June 2024 budget package included $28  billion in budget solutions for 2025 ‑26, although savings from some of these actions have since diminished.
https://lao.ca.gov/Publications/Report/5044

Changes to CSU's Base Funding Over Next Three Years [EdBudget]

May 19, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $252 million and a Year 5 base increase of $265 million. b Reflects restoration of $75 million one-time reduction applied in 2024-25.
https://lao.ca.gov/Education/EdBudget/Details/971

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - This amount reflects an increase of $2.8  million (about 4  percent) from the revised 2024-25 level. The proposed budget would provide DRE with a total of about 387 positions in 2025-26 —an increase of 3 positions (less than 1  percent) from the revised 2024-25 level.
https://lao.ca.gov/Publications/Report/5019

Proposed Changes in UC's Base Funding [EdBudget]

May 18, 2025 - A new governor will take office in 2027-28. a Reflects a deferred Year 4 base increase of $241 million and a Year 5 base increase of $254 million. b Reflects a deferred Year 4 increase of $31 million and a Year 5 increase of $30 million. c Reflects various small ongoing and one-time adjustments. d Reflects the restoration of a $125 million one-time reduction applied in 2024-25,
https://lao.ca.gov/Education/EdBudget/Details/970

Annual Revision to Monthly Jobs Survey Shows Far Fewer Job Gains in 2024 [EconTax Blog]

Mar 21, 2025 - Annual Revision to Monthly Jobs Survey Shows Far Fewer Job Gains in 2024 [EconTax Blog] Annual Revision to Monthly Jobs Survey Shows Far Fewer Job Gains in 2024 March 21, 2025 Chas Alamo Federal Officials Rebench Monthly Jobs Figures Each Year to Match Payroll Records.  
https://lao.ca.gov/LAOEconTax/Article/Detail/825