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 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - The California CPI was 7.5 percent as of the third quarter of 2022, compared to less than 3 percent over the previous five years. Other measures of inflation also are relevant to specific areas of state spending.
https://lao.ca.gov/Publications/Report/4647

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - . $7.5   Million Backfill to 2011 Realignment. Article XIII, Section 36(d) of California ’s Constitution requires the state to reimburse, or “backfill, ” the 2011 Realignment fund for revenue losses resulting from actions such as the one proposed.
https://lao.ca.gov/Publications/Report/4327