The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Operating Surplus of $5 Billion in 2022 ‑23. In addition to the factors described above, which are revisions to the 2021 ‑22 Budget Act , our outlook anticipates the state will have an additional $5.2 billion operating surplus in 2022 ‑23.
https://lao.ca.gov/Publications/Report/4472

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

Why Has Income Tax Withholding Lagged, Despite Job Growth? [EconTax Blog]

Nov 16, 2022 - However, income tax withholding  also is due on salary bonuses and stock options employees receive. PIT Withholding Down from Last Year. The graph below compares the running total of PIT withholding payments since the start of the 2022-23 fiscal year relative to the same period last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/759

The 2021-22 Spending Plan: Human Services

Nov 22, 2021 - Bonus Pay for Bilingual Service Provider Staff. The spending plan provides $2.2  million General Fund in 2021 ‑22, $4.3  million General Fund in 2022 ‑23, and $6.5  million General Fund in 2023 ‑24 and ongoing to support wage bonuses for DSPs who are bilingual —including in American Sign Language —and can support the estimated 90,000 consumers who speak a primary language other than English.
https://lao.ca.gov/Publications/Report/4476/1

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - California Labor Market Showing Broad Signs of Weakness [EconTax Blog] California Labor Market Showing Broad Signs of Weakness September 30, 2025 Chas Alamo Recap: What Does the Main Monthly Jobs Report Tell Us?  
https://lao.ca.gov/LAOEconTax/Article/Detail/839

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - California Labor Market Showing Broad Signs of Weakness [EconTax Blog] California Labor Market Showing Broad Signs of Weakness September 30, 2025 Chas Alamo Recap: What Does the Main Monthly Jobs Report Tell Us?  
https://lao.ca.gov/LAOEconTax/article/Detail/839

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

Oct 27, 2025 - Most of this money came from hospital operations, campus services (such as housing, dining, and parking), and other nonstate sources. The state contributed about $5  billion, and students paid about $4  billion in tuition.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-018

The 2025-26 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 13, 2025 - a Governor ’s settle ‑up proposal Yes
https://lao.ca.gov/Publications/Report/4963

The 2023-24 Budget: California State University

Feb 7, 2023 - CSU will reallocate another 5  percent in 2025 ‑26 for campuses 7  percent or more below their target in the previous year, as well as another 5  percent in 2026 ‑27 for campuses 5  percent or more below their target in the previous year.
https://lao.ca.gov/Publications/Report/4671

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Sep 7, 2023 - Among all applications, qualified and not qualified, CDCR accepted about 5  percent of applicants. (For context, the academy for the California Highway Patrol accepted 4  percent of qualified applicants in 2022 ‑23.)
https://lao.ca.gov/Publications/Report/4800