The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Consequently, actuaries now project that the state ’s contribution rate could phase down over the next few fiscal years, reaching around 2 percent beginning in 2024 ‑25. If this occurs, the state ’s required contribution rate would be around 8 percentage points lower relative to our forecast by 2024 ‑25, meaning the state would owe several billions of dollars less to CalSTRS over the forecast period.
https://lao.ca.gov/Publications/Report/4472

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

Mar 3, 2026 - The 2021-22, 2022-23, and 2023-24 SSP grant increases were based on specific dollar amounts set in statute. Statute required the Department of Finance to estimate what percentage grant increase could be supported by a half-year cost of $291  million in 2021-22 (estimated to be about $580  million in 2022-23), a half-year cost of $150  million in 2022-23 (estimated to be about
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: Estimated State Savings From Proposition 47

Feb 23, 2026 - As shown in Figure  1, these estimates represent a $13  million (14  percent) and a 501 person (13  percent) decline relative to the 2023-24 savings, the year before Proposition  36 took effect. These declines primarily reflect the administration ’s estimate of the impact of Proposition  36 —which went into effect halfway through 2024-25.
https://lao.ca.gov/Publications/Report/5108

Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog]

Feb 18, 2026 - Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q4) February 18, 2026 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/article/Detail/849

Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog]

Feb 18, 2026 - Firearms and Ammunition Revenue Update (2025 Q4) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q4) February 18, 2026 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/Article/Detail/849

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - The 2023-24 Budget Act authorized the CalFresh Minimum Nutrition Benefit Pilot and included about $1  million General Fund (one time) for automation costs. The 2024-25 Budget Act included $15  million General Fund on a one-time basis for the implementation of the pilot program, which was originally expected to begin in 2024-25.
https://lao.ca.gov/Publications/Report/5086/3

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - The functions that LCI performs were part of OPR until that office underwent restructuring in 2024 and split into two new offices: the Governor ’s Office of Service and Community Engagement (GO-SERVE) and LCI.
https://lao.ca.gov/Publications/Report/5167

Firearms and Ammunition Revenue Update (2025 Q3) [EconTax Blog]

Nov 18, 2025 - Firearms and Ammunition Revenue Update (2025 Q3) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q3) November 18, 2025 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/Article/Detail/842

Firearms and Ammunition Revenue Update (2025 Q3) [EconTax Blog]

Nov 18, 2025 - Firearms and Ammunition Revenue Update (2025 Q3) [EconTax Blog] Firearms and Ammunition Revenue Update (2025 Q3) November 18, 2025 Seth Kerstein Beginning July 2024, Chapter 231 of 2023 (AB 28, Gabriel) imposed an 11 percent excise tax on retail sales of firearms, firearm precursor parts, and ammunition, with some exemptions.
https://lao.ca.gov/LAOEconTax/article/Detail/842

2025 Update: Tech Company Stock Pay Accounts for One-Quarter of Withholding Growth So Far in 2025-26 [EconTax Blog]

Dec 3, 2025 - During 2023 and the first half of 2024, equity-pay withholding accounted for most of the year-over-year growth in income tax withholding receipts. The figure above reflects this dynamic, in which non-RSU withholding (in dark green) contributed little to annual withholding growth during 2023 and early 2024.
https://lao.ca.gov/LAOEconTax/article/Detail/843