The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - The first section of the brief presents our analysis of the budget condition under these assumptions. The  second section provides our comments. Analysis Budget Problem $6   Billion Larger in 2023 ‑24 Under LAO Estimates.
https://lao.ca.gov/Publications/Report/4772

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Since the evidence on the effectiveness of the credit is from earlier iterations of the program, and the attributes of awards have shifted over the years, periodic analysis of the program ’s effectiveness as data becomes available continues to remain prudent.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - State law further requires our office to analyze any new mandates identified by the Commission as a part of our annual analysis of the state budget. In particular, state law directs our office to report on the annual state costs for new mandates and make recommendations to the Legislature as to whether the new mandates should be (1)  repealed (permanently eliminating it or making
https://lao.ca.gov/Publications/Report/5130

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

Feb 23, 2026 - Our analysis of these issues in the next two sections revolves around two overarching questions: How much should CDTFA spend on cannabis and tobacco enforcement? How should the state pay for these activities?
https://lao.ca.gov/Publications/Report/5132

The 2025-26 Budget: Governor’s Office of Business and Economic Development

Mar 18, 2025 - Analysis Target Populations Have Real but Varying Needs. While characteristics of CA RISE participants are not available, data from LA:RISE show that likely participants have difficulty maintaining stable employment.
https://lao.ca.gov/Publications/Report/5018

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Finally, we described how we matched household types to apartment types for the analysis of housing costs. Strengths and Weaknesses of Data Sources Primary Data Source: Monthly Current Population Surveys (CPS).
https://lao.ca.gov/Publications/Report/4878/4

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - A previous LAO analysis of the early years of California ’s tax credit estimated that two ‑thirds of the projects that were allocated a tax credit would have filmed in another location had they not been awarded a credit.
https://lao.ca.gov/Publications/Report/5000

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Chapter  353 of 2022 (AB  2622, Mullin) pushed back the expiration date to January 1, 2026 and required our office to publish our analysis by May 1, 2024. This post fulfills that statutory requirement.
https://lao.ca.gov/Publications/Report/4890

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

Feb 11, 2022 - Our analysis of the Governor ’s full Supply Chain Resilience proposal, including a more in ‑depth analysis of this specific item in the context of the other associated proposals, will be published in a separate post.
https://lao.ca.gov/Publications/Report/4529

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - LAO Analysis Fiscal Situation Necessitates New Spending Clear a High Bar. We estimate the Governor ’s budget predicts the state ’s 2024-25 budget will need to address a $58 billion deficit . In December, our office predicted a somewhat large deficit of $68 billion .
https://lao.ca.gov/Publications/Report/4846