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Economy and Taxes (7)
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Results in Economy and Taxes from the past 5 years


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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 - In terms of rental payments, when a building is state ‑owned, the department generally pays rent to DGS, which supports DGS ’ operations and maintenance of the buildings. When a department ’s underlying costs of rent or OE &E increase as a result of inflation or other factors, in general, the department must manage the increase within its existing budget.
https://lao.ca.gov/Publications/Report/4647

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Governor’s Proposal Provides $110   Million to Build New Training Campus in Southern California. The Governor ’s budget provides $110  million General Fund over three years for CWDB to build a new training campus at the Port of Los Angeles.
https://lao.ca.gov/Publications/Report/4540

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Industry Building Capacity: helping to increase an inclusive and qualified workforce and qualified vendor and supplier base in all areas that contribute to motion picture production in California. Supplier Diversity: contracting with qualified vendors, including but not limited to catering companies, accounting firms, equipment rentals, and postproduction houses, owned and operated by individuals from socially and economically underrepresented groups to support production.
https://lao.ca.gov/Publications/Report/5036

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - The budget rejects a Governor ’s proposal to authorize DCC to seal (that is, secure and prevent entry) a building or premises occupied by an unlicensed person in connection with illicit commercial cannabis activity.
https://lao.ca.gov/Publications/Report/5081

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - The state UI trust fund does not build large enough reserves during normal times to weather downturns. Without legislative action to address this imbalance, the department may feel pressure to prevent the fund from becoming insolvent.
https://lao.ca.gov/Publications/Report/4615

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - For example, a program to increase the energy efficiency of state ‑owned buildings might not provide immediate economic benefits if the equipment is purchased from suppliers located outside the state.
https://lao.ca.gov/Publications/Report/4331