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

Feb 20, 2024 - Regardless, taking the concerns as given, the primary consequence of selling revenue bonds without an additional $50  million General Fund cash cushion likely would be modestly higher borrowing costs.
https://lao.ca.gov/Publications/Report/4846

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - State Faces Large Budget Shortfall As noted earlier, the state ’s budget condition likely necessitates ongoing spending reductions, revenue increases, or both. As such, ongoing General Fund commitments —including tax expenditures —should clear a very high bar of need.
https://lao.ca.gov/Publications/Report/4890

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

Mar 18, 2025 - As CA RISE is open to a broader but overlapping target population as LA:RISE and works with many of the same ESEs, CA RISE participants likely had similar characteristics prior to CA RISE participation.
https://lao.ca.gov/Publications/Report/5018

The 2022-23 Budget: Federal Tax Conformity for Federal Business Assistance

Jan 26, 2022 - The RRF program was created in March 2021 to make grants to eligible restaurants, caterers, and bars that experienced a decline in revenue during the pandemic. The RRF grants replace up to $10 million in lost revenues.
https://lao.ca.gov/Publications/Report/4501

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

Feb 23, 2026 - In the case of the Cannabis Tax Program, we note: The administration has not presented any arguments linking the General Fund ’s share of costs to its share of indirect benefits. This is not part of a broad, systematic effort to allocate costs based on indirect benefits.
https://lao.ca.gov/Publications/Report/5132

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Namely, those tax credits could have been awarded to another applicant who would have been more likely to achieve their milestones. However, as we discuss next, this has not been the case in the last few years of the program.
https://lao.ca.gov/Publications/Report/5162

Updating the California Necessities Index

Aug 14, 2025 - Therefore, the BLS will likely continue publishing the statistics required to calculate these s tatistics, making this option likely more robust to future publication decisions. Recommendation Rank of Options.
https://lao.ca.gov/Publications/Report/5065

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

Feb 28, 2025 - Effects of Los Angeles Wildfires on Industry Are Unknown, but Likely Small. The recent Los Angeles wildfires caused significant property damage, primarily in the Pacific Palisades and Altadena neighborhoods.
https://lao.ca.gov/Publications/Report/5000

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - These workers likely would be affected directly by proposals to increase the statewide minimum wage. Limitations of Survey-Based Estimates. Like many economic measurements, our estimates come from survey data.
https://lao.ca.gov/Publications/Report/4878/1

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2025 - Some patients likely received more than one donation in 2024, so this total likely overstates the number of distinct patients. For example, if a patient received six donations in 2024, then the transaction total includes that person six times.
https://lao.ca.gov/Publications/Report/5059