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

Feb 20, 2024 - We estimate the Governor ’s budget predicts the state ’s 2024-25 budget will need to address a $58 billion deficit . In December, our office predicted a somewhat large deficit of $68 billion . Since then, recent data has continued to point to the budget problem being larger than the Governor’s budget assumes.
https://lao.ca.gov/Publications/Report/4846

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We apply this method to monthly CPS data from January 2022 through December 2023 to construct the estimates that appear in Figures 3 through 7 in the post Is California’s Minimum Wage High, Low, or Somewhere in Between?
https://lao.ca.gov/Publications/Report/4878/4

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Over the last decade, two statutes —Chapter  351 of 2013 (AB  10, Alejo) and Chapter  4 of 2016 (SB  3, Leno) —gradually have increased California ’s statewide minimum wage from $8 per hour to $16 per hour.
https://lao.ca.gov/Publications/Report/4878

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Figure  3 shows that most low-wage workers live in households without any children under 18. Roughly 20  percent live with one child, 15  percent with two children, and fewer than 10  percent with three or more children.
https://lao.ca.gov/Publications/Report/4878/1

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - One-Quarter of Low-Wage Workers Are 50 or Older. The age distribution of low-wage workers extends well into middle age. More than one-quarter of low-wage workers are at least 50 years old. Ages of Male and Female Low-Wage Workers Are Similar.
https://lao.ca.gov/Publications/Report/4878/2

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - At the other end, average wages in the Bay Area are at least 20  percent higher —and in some counties, 50  percent higher —than the statewide average. Some High-Wage Areas Do Not Have Local Minimum Wages.
https://lao.ca.gov/Publications/Report/4878/3

Fixing Unemployment Insurance

Dec 2, 2024 - Unemployed workers can receive 50  percent of their regular wages, up to a maximum of $450 per week, for up to 26 weeks. (Due to the $450 weekly benefit maximum, about half of workers receive less than 50  percent of their regular wages.)
https://lao.ca.gov/Publications/Report/4943

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - These fee increases, which are estimated to generate about $50  million in new revenue through 2027-28, are designed to help DFPI address a significant structural deficit in the Financial Protection Fund.
https://lao.ca.gov/Publications/Report/5081

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Figure  3 shows how credits have been allocated across sectors over the last five years. Of the $1.2  billion in awards made between 2021 and 2025, around $650  million, or over half, has been allocated to businesses in advanced manufacturing.
https://lao.ca.gov/Publications/Report/5162

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

Feb 19, 2026 - In particular, state law directs our office to report on the annual state costs for new mandates and make recommendations to the Legislature as to whether the new mandates should be (1)  repealed (permanently eliminating it or making it optional), (2)  suspended (rendering it inoperative for one year), (3)  modified, or (4)  funded.
https://lao.ca.gov/Publications/Report/5130