Sales Tax Exemption for Bunker Fuel

Nov 19, 2025 - In the same month, the average prices per metric ton of marine gas oil in the Americas and in the Asia-Pacific region were $837 and $786, respectively. Maritime Fuel Deliveries. To estimate California deliveries of residual fuel oil (a major type of maritime fuel), we combine data from a couple of sources.
https://lao.ca.gov/Publications/Report/5094

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - To address this possibility, we estimate the age distribution again, this ti me only for workers who have lived in the U.S. for at least one decade. Figure  2 displays the results. These estimates are very similar to the numbers in Figure  1, indicating that recent immigration does not explain those age patterns.
https://lao.ca.gov/Publications/Report/4878/2

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - In light of the state ’s fiscal situation, we do not view this consequence as significant enough to warrant a General Fund allocation in 2024-25. LAO Recommendation In Light of Fiscal Situation, Reject GO-Biz Funding Proposals.
https://lao.ca.gov/Publications/Report/4846

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - If the Legislature is concerned about the potential for a short-term spike in the program ’s fiscal costs, especially in light of the state ’s structural budget issues, some modifications could be considered.
https://lao.ca.gov/Publications/Report/5162

The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - Figure  2 displays the distribution of the most likely revenue outcomes over the multiyear (in light purple). As seen in the figure, while the revenues required to balance the budget (in green) are optimistic, but plausible, in the budget window, they are improbable in the out ‑years.
https://lao.ca.gov/Publications/Report/4772

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - “Lights, camera, but no action? Tax and economic development lessons from state motion picture incentive programs. ” The American Review of Public Administration 48.1 (2018): 33 ‑51. Thom, Michael. “Time to yell “cut?
https://lao.ca.gov/Publications/Report/4713

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - In light of this finding, we construct weights by estimating probit regressions. Model Selection. We consider roughly 40 different probit specifications. We assess the pseudo-out-of-sample prediction errors for each specification using the monthly CPS from January to December 2022 as our training set and the monthly CPS from January to December 2023 as our test set.
https://lao.ca.gov/Publications/Report/4878/4

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - Performance Indicators Shed Little Light on Effectiveness of Exemption. We describe recent trends in transit agencies ’ ZEB acquisition below. While these numbers are useful for tracking the state ’s progress towards its ZEB goals, they tell us very little about the effectiveness of any particular policy.
https://lao.ca.gov/Publications/Report/4890

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

Mar 18, 2025 - In light of these issues, we recommend that the Legislature reject the proposal. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Publications/Report/5018

Fixing Unemployment Insurance

Dec 2, 2024 - Comparing California ’s UI System to Other States Sheds Additional Light on Program Imbalance. Comparing California ’s UI system to other states offers another perspective on these fiscal challenges.
https://lao.ca.gov/Publications/Report/4943