Update: Tech Company Equity Pay Driving Withholding in 2024 [EconTax Blog]

Nov 20, 2024 - For the first half of 2024, income tax receipts were running about 8 percent above their prior year level. Our best assessment is that one-third to one-half of this growth can be attributed to growing equity withholding over the same period.    
https://lao.ca.gov/LAOEconTax/article/Detail/815

Update: Tech Company Equity Pay Driving Withholding in 2024 [EconTax Blog]

Nov 20, 2024 - For the first half of 2024, income tax receipts were running about 8 percent above their prior year level. Our best assessment is that one-third to one-half of this growth can be attributed to growing equity withholding over the same period.    
https://lao.ca.gov/LAOEconTax/Article/Detail/815

The 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - At full implementation, this would include 24.8 custody positions, 8 plant operations positions, 5 information technology positions, 2 librarian positions, and 1 position to support community engagement (such as by processing security clearances for volunteers to enter the prison).
https://lao.ca.gov/Publications/Report/4986

Home Prices Update: January 2021 [EconTax Blog]

Feb 23, 2021 - San Francisco ’s average home price is down 2.7 percent over the past year, neighboring San Mateo is up just 3.2 percent, and every other large county in the state is up at least 8 percent.  
https://lao.ca.gov/LAOEconTax/Article/Detail/628

Home Prices Update: February 2021 [EconTax Blog]

Apr 5, 2021 - Previous recessions have had disparate effects on home prices: they were largely unaffected by the collapse of the dot-com bubble in 2001, while in the late 2000s the collapse of the housing bubble was the single biggest factor that led to the financial crisis.
https://lao.ca.gov/LAOEconTax/Article/Detail/637

Unit 8 (Firefighters) MOU Analysis

Aug 26, 2022 - The proposed agreement would increase the longevity pay differentials by 2  percentage points so that employees with 17 or 18 years of service would receive an additional 3  percent of pay (compared to 1  percent now); 19 years of service would receive an additional 4  percent of pay (compared to 2  percent now); 20 years of service would receive an additional 5  percent of pay
https://lao.ca.gov/Publications/Report/4621

Unit 8 (Firefighters) MOU Analysis [Publication Details]

Aug 26, 2022 - Unit 8 (Firefighters) MOU Analysis [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4621

Whether or Not to Tap Reserves to Solve Estimated Budget Problem Emerges as Key Fiscal Decision Facing California’s Legislature

Apr 19, 2023 - Other downturns, such as the 2001 so-called dot-com recession, had severe fiscal implications while inflicting somewhat milder economic damage. The 2008 Great Recession had brutal effects on both the state ’s economy and budget.
https://lao.ca.gov/Publications/Report/4762

Preliminary Assessment of Significant Changes to State's Technology Project Approval and Oversight Processes [Publication Details]

Apr 29, 2025 - This post discusses a new process introduced by the administration to plan, develop, and implement generative artificial intelligence projects—the Project Delivery Lifecycle—and its potential impacts on legislative oversight of technology projects.
https://lao.ca.gov/Publications/Detail/5034

Preliminary Assessment of Significant Changes to State's Technology Project Approval and Oversight Processes

Apr 29, 2025 - This post discusses a new process introduced by the administration to plan, develop, and implement generative artificial intelligence projects—the Project Delivery Lifecycle—and its potential impacts on legislative oversight of technology projects.
https://lao.ca.gov/Publications/Report/5034