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

Mar 18, 2025 - Recent evidence from academic research has found that the California Competes tax credit is fairly effective at increasing employment and providing an economic benefit to the state, especially relative to other tax expenditure programs in California and elsewhere.
https://lao.ca.gov/Publications/Report/5018

The 2020-21 Spending Plan: Housing and Homelessness

Oct 8, 2020 - This action authorizes an additional year of the tax credit that was originally provided in 2019 ‑20 for 2020 ‑21. This additional tax expenditure brings total credits to $1  billion across the past two years.
https://lao.ca.gov/Publications/Report/4278

The 2025-26 Budget: Department of Real Estate

Mar 19, 2025 - As proposed, the Real Estate Fund was projected to end 2025-26 with a negative fund balance, as total spending ($74.9  million, which includes expenditures related to statewide administrative costs and BCSH) would exceed total resources ($73.2  million) by about $1.7  million.
https://lao.ca.gov/Publications/Report/5019

The 2025-26 Budget: EDDNext [Publication Details]

Feb 25, 2025 - These include: (1) remove extended encumbrance and expenditure deadlines; (2) add a notification period for the Joint Legislative Budget Committee to review final project documentation for the proposed Integrated Case Management System / Integrated Data Management IT project; (3) require the California Department of Technology to publish oversight reports every other month; and, (4) require EDD to provide quarterly legislative meetings.
https://lao.ca.gov/Publications/Detail/4985

The 2025-26 Budget: Office of Emergency Services—Request for Reappropriation of Law Enforcement Mutual Aid Fund Resources

Feb 24, 2025 - Under the proposal, these funds would be available for expenditure until June 30, 2029. (Unspent funds from 2022-23 and 2023-24 have already reverted.) Assessment Administration Seeks Additional Time in Pilot Phase.
https://lao.ca.gov/Publications/Report/4982

The 2025-26 Budget: EDDNext

Feb 25, 2025 - However, the 2025-26 Governor ’s budget proposes to use the same legislative oversight mechanisms as in previous fiscal years —that is, an expenditure plan to access one-quarter of project funding and quarterly progress reports.
https://lao.ca.gov/Publications/Report/4985

The 2024-25 Budget: Proposed Reductions to State Operations

May 21, 2024 - Employee compensation is a significant portion of state operation expenditures. In some departments, more than 80  percent of state operation expenditures are for state employee salaries and benefits.
https://lao.ca.gov/Publications/Report/4903

The 2024-25 Budget: Proposed Reductions to State Operations [Publication Details]

May 21, 2024 - The 2024-25 Budget: Proposed Reductions to State Operations [Publication Details] The 2024-25 Budget: Proposed Reductions to State Operations Format: HTML Description: The Governor’s May Revision proposes to (1) administratively establish a new ongoing unallocated 7.95 percent reduction to state operation expenditures and (2) make the 2024-25 unallocated reduction to state
https://lao.ca.gov/Publications/Detail/4903

The 2018-19 Budget: California Achieving a Better Life Experience Board

Jan 31, 2018 - Background CalABLE allows individuals with disabilities (also known as beneficiaries) to create tax-advantaged accounts. Similar to 529 college savings accounts, contributions to CalABLE accounts are not deductible, but can grow tax-free.
https://lao.ca.gov/Publications/Report/3738

The 2020-21 Budget: The Governor’s Cannabis‑Related Proposals

Feb 14, 2020 - Conduct Oversight Over Other Expenditures of Cannabis Tax Funds. We recommend that the Legislature continue to use its oversight role to ensure that it is comfortable with the administration ’s plans for Cannabis Tax Fund revenues more broadly.
https://lao.ca.gov/Publications/Report/4162