The 2026-27 Budget: CalWORKs

Feb 18, 2026 - …But Back Up Again in Budget Year. The Governor ’s budget proposes $1.5  billion from the General Fund for CalWORKs in 2026-27, a year-over-year increase of $368  million (33  percent). Here again the increase is primarily because the Governor ’s budget assumes there will be no remaining unspent TANF funds in 2026-27 to offset General Fund costs as is the case in 2025-26.
https://lao.ca.gov/Publications/Report/5122

The 2025-26 California Spending Plan: Higher Education

Nov 14, 2025 - For 2024-25, the budget package provides an additional $78  million from the previously enacted level that year —bringing MCS spending up to $1  billion General Fund ($636  million ongoing and $368  million one time).
https://lao.ca.gov/Publications/Report/5089

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 2023-24 Budget: Cap-and-Trade Expenditure Plan and Greenhouse Gas Reduction Fund Revenue Estimates

Mar 2, 2023 - Under current law, a total of 65  percent of auction revenue is continuously appropriated to the following programs: the high-speed rail project (25  percent), Affordable Housing and Sustainable Communities Program (20  percent), Transit and Intercity Rail Capital Program (10  percent), low carbon transit operations (5  percent), and Safe and Affordable Drinking Water Program (5  percent, up to $130  million).
https://lao.ca.gov/Publications/Report/4730

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - After growing just 1 percent from December to February, registrations are still 5 percent below the average level over the last couple of years. This slump is becoming an increasingly worrisome sign for California ’s short-term economic trajectory.
https://lao.ca.gov/LAOEconTax/Article/Detail/855

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

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

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

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

Feb 23, 2026 - Second, the Legislature passed and the Governor signed Chapter  269 (AB  573, Rogers). This law will raise the annual license fee from $265 to $450 on July 1, 2026. It also authorized CDTFA to make further fee adjustments to cover program costs.
https://lao.ca.gov/Publications/Report/5132