The 2026-27 California Spending Plan: Housing, Homelessness, and Local Government

Sep 18, 2026 - The 2026-27 budget provides $27,000 one-time General Fund to reimburse the county for its prior-year costs. To eliminate the ongoing costs, the budget package repeals the requirement for the county to print the outdated information on property tax bills.
https://lao.ca.gov/publications/report/5199

Understanding The State’s Astonishing Cash Position

Sep 16, 2026 - Under the new structure, counties deposit their share of Medi ‑Cal behavioral health costs into the fund; the state forwards that amount to the federal government; and federal reimbursement flows back to counties.
https://lao.ca.gov/Publications/Report/5198

Taxation of food. [Ballot]

Sep 10, 2026 - Some Other Taxes Apply to Food and Drinks. Food and drinks can be subject to other taxes besides sales taxes. Many cities, for example, have business taxes based on sales made in the city, including sales of food.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-005

Cannabis Tax Revenue Update (2026 Q2) [EconTax Blog]

Sep 2, 2026 - Proposition 64 created two excise taxes on cannabis: a 15 percent retail excise tax and a cultivation tax. Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022.
https://lao.ca.gov/LAOEconTax/Article/Detail/868

Cannabis Tax Revenue Update (2026 Q2) [EconTax Blog]

Sep 2, 2026 - Proposition 64 created two excise taxes on cannabis: a 15 percent retail excise tax and a cultivation tax. Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022.
https://lao.ca.gov/LAOEconTax/article/Detail/868

The 2026-27 Budget: Overview of the Spending Plan

Aug 26, 2026 - CDCR = California Department of Corrections and Rehabilitation; FTB = Franchise Tax Board; UIS = unsatisfactory immigration status; Preschool = State Preschool; CDCR = California Department of Corrections and Rehabilitation; DOJ = Department of Justice; and IHSS = In ‑Home Supportive Services.
https://lao.ca.gov/Publications/Report/5197/2

The 2026-27 Budget: Overview of the Spending Plan

Aug 26, 2026 - Supports County and State Implementation of New Eligibility Rules. On the other hand, the spending plan also adds new spending to implement H.R. 1 ’s requirements, particularly related to new requirements to maintain enrollment.
https://lao.ca.gov/Publications/Report/5197

Updated "Big Three" Revenue Outlook (August 2026) [EconTax Blog]

Aug 19, 2026 - The risk of a significant reversal in the market and associated state income tax collections remains high.  
https://lao.ca.gov/LAOEconTax/Article/Detail/867

Updated "Big Three" Revenue Outlook (August 2026) [EconTax Blog]

Aug 19, 2026 - The risk of a significant reversal in the market and associated state income tax collections remains high.  
https://lao.ca.gov/LAOEconTax/article/Detail/867

Understanding California Corporate Taxation: Apportionment [EconTax Blog]

Aug 11, 2026 - Apportionment Choices Are Tax-Base Design, Not Tax Expenditures. Single Sales Factor can increase taxes for some firms and reduce taxes for others, but it is not best understood as a tax expenditure in the same sense as a credit, deduction, or exemption.
https://lao.ca.gov/LAOEconTax/Article/Detail/866