Retail Theft in California: Looking Back at a Decade of Change

Jun 12, 2025 - Previously, misdemeanor probation terms could last up to three years and felony probation terms could last up to the greater of five years or the maximum sentence for the crime the person was on probation for.
https://lao.ca.gov/Publications/Report/5055

Retail Theft in California: Looking Back at a Decade of Change [Publication Details]

Jun 12, 2025 - In this report, we provide background on trends in retail theft over the past decade, discuss some of the possible contributors to these trends, describe recent retail theft-related law changes, and outline key questions that the Legislature may want to ask as it continues to provide oversight of this issue.
https://lao.ca.gov/Publications/Detail/5055

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

Feb 11, 2022 - The Governor ’s budget includes $20  million General Fund, one time, to administer grants to small businesses victimized by smash ‑and ‑grab robberies or that have suffered damage caused during retail theft incidents.
https://lao.ca.gov/Publications/Report/4529

The 2025-26 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 13, 2025 - a Governor ’s settle ‑up proposal Yes
https://lao.ca.gov/Publications/Report/4963

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - The Legislature authorized the funding for the contract with the expectation that costs of up to $20  million could yield up to $2  billion General Fund savings annually by 2028-29. The contract is now in place.
https://lao.ca.gov/Publications/Report/5156

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - If the second revision exceeds the first, the state makes another settle ‑up payment. Figure  6 summarizes the usual schedule for these revisions and settle ‑up payments. From an accounting perspective, settle ‑up payments are always scored to the year in which the guarantee increased, rather than to the year the state disburses the payment to schools.
https://lao.ca.gov/Publications/Report/5110

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - Income Taxes Tend to Lag Major Market Turns by Up to a Year. State income tax growth typically lags stock market turning points by six to twelve months. Before past downturns, taxes have generally grown briskly, often due to the same stock market run-ups that preeceded the downturn.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - Income Taxes Tend to Lag Major Market Turns by Up to a Year. State income tax growth typically lags stock market turning points by six to twelve months. Before past downturns, taxes have generally grown briskly, often due to the same stock market run-ups that preeceded the downturn.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - This split, in turn, is based on SGC ’s practice of awarding up to $35   million per project (70   percent) for affordable housing and up to $15   million (30   percent) for transportation. Yet, there is no inherent policy rationale for that 70/30 split.
https://lao.ca.gov/Publications/Report/5154

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - For example, we recommend the Legislature: Do Not Suspend the $3  Billion True Up Into the Budget Stabilization Account (BSA). The Governor ’s budget proposes suspending a roughly $3  billion true-up deposit that otherwise would be required in 2025-26.
https://lao.ca.gov/Publications/Report/5133