How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - While this type of adjustment could help improve the stability of ad valorem taxes, it would be imperfect because it would take some time to adjust the rate, and Proposition  64 does not allow for reserves to help smooth out spending in the interim.
https://lao.ca.gov/Publications/Report/4125

How High? Adjusting California’s Cannabis Taxes [Publication Details]

Dec 17, 2019 - In November 2016, California voters approved Proposition 64, which legalized the nonmedical use of cannabis (typically called recreational or adult use) and created a structure for regulating and taxing it.
https://lao.ca.gov/Publications/Detail/4125

Taxation of Sugary Drinks

Nov 26, 2018 - As shown in Figure  3, for example, a one cent per ounce tax results in a tax of $0. 12 o n a can of cola and $0. 64 o n a large bottle of cranberry juice cocktail. For a given container size, this type of tax treats all sugary drinks equally, regardless of their sugar content or other characteristics.
https://lao.ca.gov/Publications/Report/3903

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - (The budget for CSU includes an additional $ 64  m illion ongoing to cover higher retiree health benefit and pension costs.) For UC, $ 200  m illion of its ongoing augmentation is intended to cover increases in operating costs (including some employee compensation costs), student success initiatives, student hunger and housing initiatives, mental health services, and 2018 ‑ 19 e nrollment.
https://lao.ca.gov/Publications/Report/3916

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The budget assumes 27,000 seniors will gain comprehensive coverage at a half ‑year cost of $ 64  m illion General Fund in 2020 ‑21 and an annual ongoing cost of $ 320  m illion General Fund at full implementation.
https://lao.ca.gov/Publications/Report/4135