How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - One key provision of Proposition  13 was a switch from taxing property based on its market value (what it could be sold for) to taxing it based on its purchase price. In the year a property is purchased, it is taxed at its purchase price.
https://lao.ca.gov/Publications/Report/3693

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Local governments, such as cities, counties, and local transit authorities, generally own and operate these agencies. In 2019, passenger fares and fees provided 17  percent of funding for these agencies.
https://lao.ca.gov/Publications/Report/4890

Common Claims About Proposition 13

Sep 19, 2016 - We, however, did not find evidence that these incentives significantly influenced city zoning and permitting decisions in recent years. Cities and Counties Weigh Fiscal Effects of Development. California ’s cities and counties make most decisions about when, where, and to what extent development will occur.
https://lao.ca.gov/Publications/Report/3497

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - However, there are some cases where metrics may want to be viewed more broadly. A good example of this is the Black population in California. Based on the figures presented above, the Black population is somewhat overrepresented in California ’s motion picture industry (6.6  percent) compared to their share of the total population (5.5  percent).
https://lao.ca.gov/Publications/Report/5036

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Furthermore, even some of the counties that have relatively widespread local minimum wages —such as Santa Clara County —contain several cities without such policies. For minimum-wage workers in these cities, housing is even less affordable than the figure would suggest.
https://lao.ca.gov/Publications/Report/4878/3

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

Feb 19, 2025 - For example, the actual data could reflect that firearm purchases are disproportionately higher or lower at certain times of the year —thereby impacting annual revenue estimates. This means that revenues could either be higher or lower than currently projected.
https://lao.ca.gov/Publications/Report/4970

Comparing Taxes on Cannabis to Taxes on Other Products in California

Dec 17, 2019 - Third, some cities and counties levy lower excise tax rates on purchases made with a doctor ’s recommendation than on nonmedical (often called adult-use) sales. Taxes on Medicines. Although tangible goods generally are subject to sales tax, state law exempts some specified goods.
https://lao.ca.gov/Publications/Report/4123

The 2018-19 Budget: California Competes Proposal

Feb 21, 2018 - A partial sales tax exemption for purchases of certain manufacturing equipment. New Employment Credit. A tax credit for businesses located in certain specified areas for hiring qualified new employees.
https://lao.ca.gov/Publications/Report/3759

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Many Cities Have Higher Minimum Wages. Many California cities —and the unincorporated areas of Los Angeles County and San Mateo County —set minimum wages that exceed the $16-per-hour statewide minimum.
https://lao.ca.gov/Publications/Report/4878

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

Mar 18, 2025 - Second, the evaluation process includes a quantitative component that rewards providing more jobs and investment per dollar of credit and a qualitative component where GO-Biz staff can potentially identify proposals that would not occur in California, absent the credit, and filter out those that would occur independent of a credit award.
https://lao.ca.gov/Publications/Report/5018