The 2025-26 Budget: Department of Justice

Feb 19, 2025 - These five funds include: (1)  Dealers ’ Record of Sale (DROS) Special Account, (2)  Firearms Safety and Enforcement Special Fund, (3)  Firearm Safety Account, (4)  Ammunition Safety and Enforcement Special Fund, and (5)  Ammunition Vendors Special Account.
https://lao.ca.gov/Publications/Report/4972

The 2025-26 Budget: Department of Justice [Publication Details]

Feb 19, 2025 - In this brief, we analyze the Governor’s budget proposals for the Department of Justice related to (1) the Bureau of Forensic Services and (2) firearm-related workload.
https://lao.ca.gov/Publications/Detail/4972

The 2025-26 Budget: California's Fiscal Outlook

Nov 20, 2024 - Instead, much of the bounce appears to be tied to special forms of pay for high ‑income workers, such as bonuses and stock  compensation. Booming Stock Market Driving Income Growth. The recent run ‑up in the stock market, which appears tied to optimism surrounding artificial intelligence, is a primary driver of the rapid growth in pay to high ‑income workers.
https://lao.ca.gov/Publications/Report/4939

The 2024-25 Budget: Overview of the Federal Fiscal Responsibility Act's Impacts on CalWORKs

Mar 5, 2024 - At the beginning of the pilot, participating states will ag ree with the federal government on performance benchmarks for these measures. Participating states could be removed from the pilot for failing to meet these performance benchmarks.
https://lao.ca.gov/Publications/Report/4877

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Sep 7, 2021 - This analysis of the proposed labor ag reement between the state and Bargaining Unit 8 fulfills our statutory requirement under Section 19829.5 of the Government Code. Our State Workforce webpages provide additional information about this and other bargaining units and includes links to our analyses of MOUs proposed in the past.
https://lao.ca.gov/Publications/Report/4451

The 2022-23 Budget: Department of Justice Proposals

Feb 11, 2022 - Increasing the ammunition transaction fee by $5 (for a total $6 fee) could provide sufficient resources to cover DOJ Ammunition Purchase Authorization Program costs and potentially generate sufficient revenues to repay the General Fund start ‑up loan within the next five  years.
https://lao.ca.gov/Publications/Report/4527

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - After growing just 0.3 percent from December to January, registrations are still 5 percent below the average level over the last couple of years. This multi-month slump could be a worrisome sign for California ’s short-term economic trajectory.
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - After growing just 0.3 percent from December to January, registrations are still 5 percent below the average level over the last couple of years. This multi-month slump could be a worrisome sign for California ’s short-term economic trajectory.
https://lao.ca.gov/LAOEconTax/article/Detail/853

Personal income tax rates for high-income taxpayers. [Ballot]

Oct 20, 2025 - Fiscal Effects Measure Would Bring in Between $5  Billion and $15  Billion Each Year. The amount of money brought in by this measure is hard to predict and will go up and down with the economy. This is because much of the revenue comes from taxing investment income and capital gains.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - These wealth tax revenues probably would add up to tens of billions of dollars spread over severa l years. Likely ongoing decrease in state income tax revenues of hundreds of millions of dollars or more per year.  
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024