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Economy and Taxes (25)
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Results in Economy and Taxes from the past 5 years


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California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - As shown in Figure  7, in 2022 and 2023, roughly 10  percent of workers made no more than $16 per hour —the current statewide minimum wage. By this measure, California ’s minimum wage is at the same level typically observed right after past minimum wage increases in the U.S.
https://lao.ca.gov/Publications/Report/4878/3

Fixing Unemployment Insurance

Dec 2, 2024 - While California ’s UI program provides lower weekly benefits relative to wage levels than almost every other state, the program tends to pay benefits for a slightly longer ‑than ‑average duration and to a larger ‑than ‑average caseload (see Figure  7 ).
https://lao.ca.gov/Publications/Report/4943

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - For our analysis, key strengths of the CPS include: Individual-level microdata are publicly available, enabling a high degree of customization. Responses to the wage, earnings, and hours questions are relatively precise.
https://lao.ca.gov/Publications/Report/4878/4

The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This includes $8.2  million ($7  million General Fund) in efficiency reductions and $2.8  million General Fund in vacant position reductions. Please see the “New and Ongoing Efforts to Achieve Efficiencies” section of this post for more information on these budget-wide reductions.
https://lao.ca.gov/Publications/Report/5081/

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

Feb 23, 2026 - Department ‑Level Perspective. The administration appears to have approached this issue by trying to “work within CDTFA ’s budget. ” Viewed through this department ‑level lens, one could argue that spending General Fund on the Cannabis Tax Program makes sense.
https://lao.ca.gov/Publications/Report/5132

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

Feb 19, 2026 - The California Constitution requires the state to reimburse local governments when (1)  new state laws or regulations mandate that they implement a new program or higher level of service and (2)  the local government does not have offsetting revenues available to fully cover the associated costs.
https://lao.ca.gov/Publications/Report/5130

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

Mar 18, 2025 - On paper, the $25  million proposal is tied to capital investment at the DCF. Over the next decade, however, Natcast estimates that its capital expenditures to develop the DCF will total around $650  million.
https://lao.ca.gov/Publications/Report/5018

The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - These funds would be allocated to school districts based on their share of statewide enrollment in grades 7 to 12. The budget package also required school districts to certify by July 2029 that a certain portion of their staff who work directly with students in grades 7 to 12 have received youth behavioral health training at least once.
https://lao.ca.gov/Publications/Report/4970

Updating the California Necessities Index

Aug 14, 2025 - Small Category Statistics Could Be Unreliable, Even at National Level. While it is easier for the BLS to estimate price changes for specific categories of goods at the national level, statistics for certain categories of goods and services could also be difficult to calculate reliably at the national level.
https://lao.ca.gov/Publications/Report/5065