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Economy and Taxes (2)
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Results in Economy and Taxes from the past 5 years


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

Nov 16, 2022 - As a result, the state will build fewer housing units, treat fewer acres of forest for wildfir es, and perform less maintenance of state roads and highways. In one particularly telling, although narrow, example, the California Department and Fish and Wildlife (CDFW) reported that one project appropriated in the 2020‑21 budget—a pest eradication capital outlay project—experienced a 25 percent increase in estimated cost.
https://lao.ca.gov/Publications/Report/4647

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