California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - In 20 of those counties —including the most populous ones —such households faced housing costs that exceed 100  percent of their gross income. Some Areas With Very High Housing Costs Do Not Have Local Minimum Wages.
https://lao.ca.gov/Publications/Report/4878/3

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - The total request is for $450 million General Fund, over three years: $100 million in 2023‑24, $100 million in 2024‑25, and $150 million in 2025‑26. Proposal Lacks Important Details. This  proposal does not provide a detailed justification for the amount of funding requested or the criteria that would be used to make the grants.
https://lao.ca.gov/Publications/Report/4529

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - For example, in such an environment it could make sense to limit new funding to proven ways of (1) addressing critical health and safety issues or (2) preventing serious deterioration of core state responsibilities.
https://lao.ca.gov/Publications/Report/4846

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This is a decrease of $10  million  (6  percent) from the revised 2024-25 level. (This does not reflect some adjustments related to Control Sections 4.05 and 4.12 of the 2024-25 and 2025-26 budgets. Please see the “New and Ongoing Efforts to Achieve Efficiencies” section of our post for more information.)
https://lao.ca.gov/Publications/Report/5081

Fixing Unemployment Insurance

Dec 2, 2024 - During the phase ‑in period, the state also entered the dot ‑com recession. These two cost pressures absorbed the remaining flexibility in the state ’s UI tax system. As  shown in Figure  4 , the state began this period in Schedule C but quickly moved to Schedule F+, the highest tax schedule, where it has remained since.
https://lao.ca.gov/Publications/Report/4943

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Figure  1 shows the value of credits claimed each year since the program ’s inception in 2014. Because applicants must provide sufficient evidence that the credit will influence their employment and investment decisions in the state, GO-Biz often does not award all tax credits available to be allocated in a given fiscal year.
https://lao.ca.gov/Publications/Report/5162

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - Even if revenues perform better than expected, it is still unlikely that revenues will exceed $100  million. Under this scenario, CalVIP would receive its full allocation, but CDE would receive only some funding.
https://lao.ca.gov/Publications/Report/4970

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The California Constitution requires the state to reimburse local governments when (1)  new state laws or regulations mandate that they implement a new program or higher level of service and (2)  the local government does not have offsetting revenues available to fully cover the associated costs.
https://lao.ca.gov/Publications/Report/5130

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - The overall rate ranges from 7. 25  p ercent to 10. 5  p ercent depending on citywide and countywide rates, with a statewide average of 8. 6  p ercent. The rate includes: 3. 94  p ercent for the state ’s General Fund. 3. 31  p ercent to 6. 56  p ercent for various local programs, including 1. 06  p ercent to counties for criminal justice, mental health, and social services under 2011 Realignment.
https://lao.ca.gov/Publications/Report/4327

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - Figure  6 shows the amount of credits claimed by recipients over time. The annual amount of credit claims per year has settled in the range of $150  million to $200  million for the last several years.
https://lao.ca.gov/Publications/Report/5000