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Economy and Taxes (21)
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Results in Economy and Taxes from the past 5 years


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The 2025-26 California Spending Plan: Other Provisions

Oct 16, 2025 - This is a decrease of $10  million  (6  percent) from the revised 2024-25 level. (This does not reflect some adjustments related to Control Sections 4.05 and 4.12 of the 2024-25 and 2025-26 budgets. Please see the “New and Ongoing Efforts to Achieve Efficiencies” section of our post for more information.)
https://lao.ca.gov/Publications/Report/5081

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - The Governor proposes augmentations of $3.8  million in 2026 ‑27, $3.7  million in 2027 ‑28, $3.7  million in 2028 ‑29, and $1.2  million in 2029 ‑30 and ongoing from the Compliance Fund for the Tobacco Licensing Program to enforce AB  3218 and other flavor ban laws.
https://lao.ca.gov/Publications/Report/5132

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Across all programs in this agency (including, for example, Medi ‑Cal, In ‑Home Supportive Services, developmental services, and child care), our estimates are $6  billion higher than the administration ’s projection by 2026 ‑27.
https://lao.ca.gov/Publications/Report/4772

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - For example, the monthly CPS unit nonresponse rate grew from 10  percent in 2013 to 30  percent in 2023. Unit nonresponse rates for many other surveys are well above 30  percent. Another Weakness: Measurement Error.
https://lao.ca.gov/Publications/Report/4878/4

The 2025-26 Budget: California’s Film Tax Credit

Feb 28, 2025 - Figure  6 shows the amount of credits claimed by recipients over time. The annual amount of credit claims per year has settled in the range of $150  million to $200  million for the last several years.
https://lao.ca.gov/Publications/Report/5000

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

Mar 18, 2025 - Removing 30  Percent Cap on Individual Awards Reasonable. Current rules stipulate that an applicant may not receive more than 30  percent of the grant funding available in a fiscal year. Since the Governor ’s proposal would provide $60  million for grants, compared to $120  million in prior iterations, the cap on individual awards would be $18  million, down from $36  million.
https://lao.ca.gov/Publications/Report/5018

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - Governor’s Proposal Provides $6   Million for Extended Field Office Hours. The Governor ’s budget includes $6  million from the General Fund in 2022 ‑23 for DMV to fund overtime for 200 Licensing Registration Examiners, as well as the necessary office and support staff, so that field offices with wait times of 30 days or more for commercial drive tests can offer additional testing slots on Saturdays.
https://lao.ca.gov/Publications/Report/4540

Overview of Diversity Efforts in the Film Tax Credit Program

May 1, 2025 - The broad structure of the new requirement is as follows: Within 30 days of receiving a credit allocation letter, applicants must submit a DEIA Workplan that reflects California ’s population in terms of race, ethnicity, gender, and disability status and includes specific DEIA goals and how the applicant intends to fulfill them.
https://lao.ca.gov/Publications/Report/5036

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Based on state and federal laws, we define housing as affordable if the rent falls below 30 percent of the household’s gross income. Housing in Major Metro Areas Unaffordable for Minimum-Wage Workers.
https://lao.ca.gov/Publications/Report/4878/3

Fixing Unemployment Insurance

Dec 2, 2024 - On average across all states, about 30  percent of unemployed workers receive UI benefits. In California, about 40  percent of all unemployed workers receive UI benefits —ranging from 35  percent to 50  percent over time —giving California the 10th highest take ‑up rate nationally among all workers.
https://lao.ca.gov/Publications/Report/4943