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

The 2026-27 Budget: California State University

Feb 24, 2026 - From 2019 ‑20 to 2024 ‑25, CSU ’s debt service for state ‑approved projects grew from $295  million to $365  million (23  percent). (These amounts include debt service on university bonds as well as state bonds issued before 2014 ‑15.)
https://lao.ca.gov/Publications/Report/5142

Restrictions on certain oil drilling permits (Amendment #1). [Ballot]

Sep 21, 2023 - In 2022, the Legislature passed and the Governor signed into law Chapter 365 of 2022 (SB 1137, Gonzalez), which restricts CalGEM from issuing certain oil well permits within desig nated health protection zones.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-014

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - After growing just 0.3 percent from December to January, registrations are still 5 percent below the average level over the last couple of years. This multi-month slump could be a worrisome sign for California ’s short-term economic trajectory.
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - After growing just 0.3 percent from December to January, registrations are still 5 percent below the average level over the last couple of years. This multi-month slump could be a worrisome sign for California ’s short-term economic trajectory.
https://lao.ca.gov/LAOEconTax/article/Detail/853

The 2022-23 California Spending Plan: Human Services

Oct 21, 2022 - Specifically, budget language amends statute to allow state assistance to be provided to emergency caregivers prior to their completion of the RFA process, for up to 120 days (or 365 days in cases where a good cause extension is warranted) on an ongoing basis.
https://lao.ca.gov/Publications/Report/4640/4

Personal income tax rates for high-income taxpayers. [Ballot]

Oct 20, 2025 - Fiscal Effects Measure Would Bring in Between $5  Billion and $15  Billion Each Year. The amount of money brought in by this measure is hard to predict and will go up and down with the economy. This is because much of the revenue comes from taxing investment income and capital gains.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-016

MOU Fiscal Analysis: Bargaining Unit 16 (Physicians, Dentists, and Podiatrists)

Jul 14, 2025 - The reduced amount of money invested in the trust fund will result in higher unfunded liabilities in the long-run. In most of the agreements, the state ’s contributions towards the benefit would be fully restored in 2027-28.
https://lao.ca.gov/Publications/Report/5064

The 2022-23 Budget: Analysis of Child Welfare Proposals and Program Implementation Updates

Feb 22, 2022 - Figure  5 summarizes the pandemic supports funded within child welfare, along with the funding amounts, status, and other information. Figure 5 Summary of State Funds for Pandemic Response Within Child Welfare General Fund (In Millions) Cash cards for families at risk of foster care $27.8 — — Payments of up to $1200 per eligible family are being disbursed in several rounds, with the latest round launched in January 2022.
https://lao.ca.gov/Publications/Report/4558

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - These wealth tax revenues probably would add up to tens of billions of dollars spread over severa l years. Likely ongoing decrease in state income tax revenues of hundreds of millions of dollars or more per year.  
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024