California gaming activities. [Ballot]

Oct 1, 2021 - This measure amends the Constitution to authorize games played with cards or tiles, including blackjack and baccarat, as long as they are not banking games, at cardrooms. The measure specifies that any revenues generated by these additional gaming activities will be subject to local tax or fee requirements that were in place as of January 2021.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-009

Voting in California. [Ballot]

Sep 4, 2025 - In every odd-numbered year, the measure would require the State Auditor to audit the state ’s and each county ’s compliance with the measure and to report its findings and recommendations for “improving the integrity of elections to the public. ” Requires Legislative Action for Full Implementation.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-007

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - These conclusions seem somewhat at odds with the significant share of credits recaptured from businesses due to their failure to meet investment targets. One potential interpretation is that the state is making high risk-high reward bets on businesses.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature

Apr 19, 2023 - The Fed ’s continued efforts to lower inflation by raising the Fed funds rate has the effect of cooling the economy, which inherently raises the odds of a recession. As a potential precipitating factor to recession, tighter monetary policy can also reveal financial system vulnerabilities.
https://lao.ca.gov/Publications/Report/4762

Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - History suggests that this is a daunting task, however, and at least raises the odds of a recession. Financial markets, and the yield curve for U.S. Treasury notes in particular, recently have signaled as much.
https://lao.ca.gov/Publications/Report/4590

Online sports wagering. [Ballot]

Oct 20, 2021 - For example, the measure prohibits the division from placing limits on the ty pe or amount of free bets or promotional credits offered to individuals, as well as from specifying how odds are to be calculated.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

The 2023-24 Budget: Multiyear Assessment

Feb 15, 2023 - (Our Fiscal Outlook revenues are our best estimate of the revenue assumption that has even odds of being too high or too low.) We then look at where in this range of potential revenue outcomes the Governor ’s proposed level of spending falls.
https://lao.ca.gov/Publications/Report/4687

The 2023-24 Budget: Higher Education Overview

Jan 31, 2023 - UC Budget Solutions Have Odd Timing Issues. Typically, capital projects move through standard phases, beginning with preliminary plans and working drawings, followed by construction. State funding, in turn, is linked with these phases.
https://lao.ca.gov/Publications/Report/4664

The 2023-24 Budget: Total Compensation Studies

May 24, 2023 - Specifically, we recommend that the compensations study for (1)  Units 2, 5, 6, 7, 8, 9, 10, 12, 13, and 19 be submitted on February 1, 2025 and every odd-numbered year thereafter and (2)  Units 1, 3, 4, 11, 14, 15, 16, 17, 18, 20, and 21 be submitted on February 1, 2026 and every even-numbered year thereafter.
https://lao.ca.gov/Publications/Report/4773

The 2023-24 Budget: Child Care Proposals

Feb 9, 2023 - COLA for AP Agencies Would Result in Additional Slots, Running at Odds With Proposal to Delay Scheduled Slot Increases. The Governor ’s proposal to increase the AP program based on COLA and effectively provide additional AP slots is consistent with the state ’s longstanding budgeting practice for the program.
https://lao.ca.gov/Publications/Report/4672