Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - Chapter  114 of 2021 (S B  144 , Portantino) required our office to issue a report summarizing the workforce diversity information collected by the California Film Commission (CFC) and evaluate the effectiveness of the tax credit for increasing diversity.
https://lao.ca.gov/Publications/Report/5036

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Figure 4 SSI/SSP Monthly Maximum Grant Levels a 2024 ‑25 (Actual) Percent of federal poverty level b 93% Percent of federal poverty level b 117% 116% 114% a The maximum monthly grants displayed refer to those for aged and disabled individuals and couples living in their own households, effective as of January 1 of the respective calendar year. b Compares grant level to federal poverty guidelines from the U.S.
https://lao.ca.gov/Publications/Report/5148

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: Child Care and State Preschool

Nov 14, 2025 - The 2025-26 California Spending Plan: Child Care and State Preschool ‑$114 $2,043 a Includes prior year one ‑time costs associated with quality carryover, SB 140 carryover, child care infrastructure program, court cases, and the whole child community equity program.
https://lao.ca.gov/Publications/Report/5088

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 2025-26 Budget: Food Assistance Programs

Feb 19, 2025 - In 2023-24, CFAP benefits were $114  million General Fund ($174 average monthly benefit per person). Recent Budget Actions Delayed Planned Expansion of Food Assistance to Certain Additional Income-Eligible Noncitizens.
https://lao.ca.gov/Publications/Report/4971

Review of the Funding Determination Process for Nonclassroom-Based Charter Schools

Feb 29, 2024 - The moratorium has since been extended twice —Chapter  44 of 2021 (A B  130 , Committee on Budget) extended the moratorium to January 1,  2025, and S B  114 further extended the moratorium to expire in January 1, 2026.
https://lao.ca.gov/Publications/Report/4870

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

The 2024-25 California Spending Plan: Health

Sep 17, 2024 - The spending plan includes $9  million ($4  million General Fund), growing to $114  million ($50  million General Fund) over several years, to implement a wellness coach benefit in Medi-Cal. The benefit will be aimed at children and youth with existing and emerging behavioral health needs.
https://lao.ca.gov/Publications/Report/4930