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Economy and Taxes (14)
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Results in Economy and Taxes from the past 5 years


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The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Actual spending on the Tobacco Licensing Program declined from $9.1  million in 2021 ‑22 to $6.9  million in 2024 ‑25, while actual spending on the Cannabis Tax Program grew from $8.4  million in 2021 ‑22 to $16.2  million in 2024 ‑25.
https://lao.ca.gov/Publications/Report/5132

The 2025-26 Budget: CDTFA’s Tobacco Programs

Feb 14, 2025 - Since the flavor ban, however, revenues have declined much faster, from $1.84  billion in 2021-22 to $1.6  billion in 2022-23, then to $1.35  billion in 2023-24 (not including the new tax on electronic cigarettes).
https://lao.ca.gov/Publications/Report/4966

The 2021-22 Budget: Golden State Stimulus [Publication Details]

Jan 22, 2021 - The 2021-22 Budget: Golden State Stimulus [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4317

The 2021-22 Budget: Small Business Grants [Publication Details]

Jan 22, 2021 - The 2021-22 Budget: Small Business Grants [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4316

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Across the budget window (2021 ‑22 through 2023 ‑24), our revenue projections are $11  billion lower than the administration ’s estimates. We discuss our economic and revenue outlook in greater detail here: The 2023‑24 Budget: May Revenue Outlook .
https://lao.ca.gov/Publications/Report/4772

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - Consequently, Visit California has increased its net assets from $20  million at the beginning of 2019 ‑20 to $58  million by the end of 2021 ‑22. Additional State Funding for Marketing Appears Unnecessary.
https://lao.ca.gov/Publications/Report/4529

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This represents a net decrease of $63  million (22  percent) compared to estimated 2024-25 spending, due largely to a year-to-year reduction in federal funding for the AmeriCorps program and the phasing out of some limited-term General Fund augmentations.
https://lao.ca.gov/Publications/Report/5081/

The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - In 2021 ‑22, the tax rates are 51.1  cents per gallon on gasoline and 38.9 cents per gallon on diesel. (We provide additional information about gasoline taxes at https://lao.ca.gov/Transportation/FAQs .)
https://lao.ca.gov/Publications/Report/4528

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - The Governor proposes to increase the total amount of California Competes credits that GO ‑Biz may award in 2020 ‑21 and 2021 ‑ 22 b y $ 90  m illion per year. The administration estimates that the resulting reductions in General Fund revenue would be $ 10  m illion in 2021 ‑22, $ 35  m illion in 2022 ‑23, $ 50  m illion in 2023 ‑24, and $ 85  m illion in later years.
https://lao.ca.gov/Publications/Report/4327

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - The full-time median estimates in Figure  6 are the exception: when we limit the sample to full-time workers only, the F-statistic is around 22 to 23. Other Explanatory Variables. The Arellano and Bonhomme (2017) model assumes that the probability of responding to the wage question is positive for all observed combinations of regressors.
https://lao.ca.gov/Publications/Report/4878/4