Results from the past 5 years


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Housing assistance program for certain University of California employees. [Ballot]

Oct 27, 2025 - In 2022-23, UC ’s program provided 300 home loans totaling $296  million (for an average home loan of about $1  million). The loans generally cover 90  percent of the home purchase price, with the borrower making a down payment of 10  percent (rather than the more typical 20  percent).
https://lao.ca.gov/BallotAnalysis/Initiative/2025-018

Nonprofit safety net health clinic expenses. [Ballot]

Sep 22, 2025 - Second, clinics that spend less than 90  percent of annual revenue on mission-related expenses in a given year would have to pay a penalty to the state that would be levied by CDPH. The penalty would equal the shortfall from the 90  percent requirement (that is, the difference between 90  percent of the clinic ’s total annual revenue and the amount the clinic spent on mission-related expenses in that year).
https://lao.ca.gov/BallotAnalysis/Initiative/2025-008

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2025-26 California Spending Plan: Housing, Homelessness and Local Government

Oct 22, 2025 - The budget appropriates $300  million one-time General Fund for the California Dream for All program. The program, which is administered by the California Housing Finance Agency, provides downpayment assistance to eligible first-time, first-generation homebuyers.
https://lao.ca.gov/Publications/Report/5082

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - Additionally, the administration projects the credit could grow over time, potentially reaching about $300  million annually —nearly doubling the reductions and corresponding fiscal and programmatic impacts.
https://lao.ca.gov/Publications/Report/5139

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

The 2023-24 Budget: Proposition 98 Overview and K-12 Spending Plan

Feb 7, 2023 - The other notable ongoing proposal in the budget is $300  million for a new component of the LCFF known as the “equity multiplier. ” This component would be allocated for school sites with especially high shares of students who qualify for free meals under the federal nutrition program (90  percent or above for elementary and middle schools and 85  percent or above for high schools).
https://lao.ca.gov/Publications/Report/4670

The 2022-23 Budget: Analysis of the Medi-Cal Budget

Feb 9, 2022 - Accordingly, we project General Fund spending in Medi ‑Cal would be $300  million lower —on net —than the Governor ’s budget projects if the PHE is extended by the federal government for another 90 ‑day period.
https://lao.ca.gov/Publications/Report/4522

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - The state receives an enhanced federal reimbursement rate for many IHSS recipients who receive services as a result of the Patient Protection and Affordable Care Act expansion (90  percent federal reimbursement rate) and the Community First Choice Option waiver (56  percent federal reimbursement rate).
https://lao.ca.gov/Publications/Report/5166