Proposition 98 Key Inputs and Outcomes Under 2024-25 Budget Package [EdBudget]

Jul 29, 2024 - g As required by the California Constitution, the total outstanding maintenance factor balance in 2024-25 includes an increase of $366 million to account for growth in per capita personal income and K-12 attendance.
https://lao.ca.gov/Education/EdBudget/Details/894

The 2026-27 Budget: California State University

Feb 24, 2026 - The Governor proposes to increase ongoing base General Fund support for CSU by $366  million (7  percent) in 2026 ‑27. This increase reflects two components. First, the Governor ’s budget includes a 5  percent base increase ($265  million) for CSU in 2026 ‑27, reflecting the fifth ‑year base increase of his multiyear compact.
https://lao.ca.gov/Publications/Report/5142

The 2021-22 Budget: Analysis of the Governor’s CalWORKs Proposals

Feb 3, 2021 - When the unemployment rate is low —for example, during the pre ‑COVID ‑ 19 e conomic expansion —caseload declines (reaching what was then an all ‑time low of about 366, 000 c ases in 2019 ‑20). Because the recession due to the COVID ‑ 19 p andemic has caused the unemployment rate to reach historic highs (peaking at 15. 6  p ercent in May 2020), caseload also was projected to
https://lao.ca.gov/Publications/Report/4341

The 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - Of this increase, the Governor ’s budget includes $716   million for approximately 7   percent base increases ($366   million at CSU and $351   million at UC). These augmentations reflect a proposed year ‑five compact increase of 5  percent, along with a delayed partial year ‑four compact increase of 2  percent.
https://lao.ca.gov/Publications/Report/5112

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 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - CDE currently employs about 1,500  staff and has a budget of $366  million —$196  million in federal funds, $126  million in non ‑Proposition  98 General Fund, and $44  million in various special funds.
https://lao.ca.gov/Publications/Report/5165

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