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

Fixing Unemployment Insurance

Dec 2, 2024 - These include the state ’s food assistance program (CalFresh, 77  percent take ‑up rate), the state ’s cash assistance program (California Work Opportunity and Responsibility to Kids [CalWORKs], 60  percent), and the federal tax credit for low income tax filers (the federal Earned Income Tax Credit, 80  percent).
https://lao.ca.gov/Publications/Report/4943

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - To shed light on this issue, we next compare the statewide minimum wage to housing costs across California ’s 58 counties. Measuring Housing Affordability. To assess housing affordability for minimum-wage workers, we compare monthly earnings for full-time workers making the main minimum wage in each county to HUD ’s estimate of “fair market rent ” for housing in that county.
https://lao.ca.gov/Publications/Report/4878/3

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

Feb 11, 2022 - Consequently, Visit California has increased its net assets from $20  million at the beginning of 2019 ‑20 to $58  million by the end of 2021 ‑22. Additional State Funding for Marketing Appears Unnecessary.
https://lao.ca.gov/Publications/Report/4529

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - Evidence from state film incentives. ” Regional science and urban economics 77 (2019): 315 ‑339. Button, Patrick. “Can tax incentives create a local film industry? Evidence from Louisiana and New Mexico. ” Journal of Urban Affairs 43.5 (2021): 658 ‑684.
https://lao.ca.gov/Publications/Report/4713