The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - On the other hand, if GO-Biz chose to allocate a large fraction of the current credit pool over a short period, it would sharply increase the fiscal cost of the program over the next several years as credits are claimed.
https://lao.ca.gov/Publications/Report/5162

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

Feb 20, 2024 - They are concerned that their low cash on hand will prevent them for receiving the lowest possible borrowing costs on their bonds and, therefore, have requested $50  million General Fund to boost their cash on hand and ensure favorable borrowing terms.
https://lao.ca.gov/Publications/Report/4846

Updating the California Necessities Index

Aug 14, 2025 - On the other hand, adopting option C, which uses the national estimate for changes in the prices of household fuels and other utilities, would make it more likely that large changes in prices of household fuels and other utilities are reflected in the CNI, but may reflect changes happening at the national level, not in California.
https://lao.ca.gov/Publications/Report/5065

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - This decline suggests that a substantial share of workers spend just a handful of years in low-wage jobs before moving on to mid-to-high-wage jobs. Much Lower Mobility After Age 32. Strikingly, net mobility out of low-wage work seems to stop abruptly when workers are in their early 30s.
https://lao.ca.gov/Publications/Report/4878/2

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - On one hand, we estimate that California ’s low-wage gender gap is noticeably smaller than nationwide benchmarks. On the other hand, the state ’s estimated gaps between white and Latino low-wage workers —and between low-wage and average workers —are similar to nationwide estimates.
https://lao.ca.gov/Publications/Report/4878/3

Fixing Unemployment Insurance

Dec 2, 2024 - Absent the federal surcharge, little or no reserves would be on hand at the start of the next recession, further increasing the state ’s reliance on costly federal  loans. Broken Financing System Also Undermines Key Objectives of the UI Program.
https://lao.ca.gov/Publications/Report/4943

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Some transit agencies, on the other hand, are on pace to convert their bus fleets entirely to ZEBs far ahead of the ICT deadlines. For example, the Antelope Valley Transit Authority completed its transition to an all-ZEB fleet in 2022.
https://lao.ca.gov/Publications/Report/4890

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Addressing State Practices That Make it Difficult to Get UI With recent lessons in hand, the state now has the opportunity to rebalance California ’s UI program so that getting UI payments to eligible workers is a top priority.
https://lao.ca.gov/Publications/Report/4615

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - The state, however, will never be able to distinguish perfectly between business decisions that result from a financial incentive on the one hand, and decisions that businesses would have made irrespective of the incentive on the other hand.
https://lao.ca.gov/Publications/Report/4327

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - On the other hand, a large program with low administrative overhead may be more efficient. Will the Program Effectively Increase Private Sector Hiring and Investment? Many state programs —such as tax reductions, loans, and industrial subsidies —are intended to encourage people or their businesses to take certain actions that would increase spending, hiring, or investment.
https://lao.ca.gov/Publications/Report/4331