Community Land Trust Property Tax Exemption

Dec 20, 2024 - Chapter  636 of 2022 (AB  1206, Bennett) modified the rules community land trust properties must meet to qualify for the property tax exemption, making it easier for properties to maintain their exemption when low-income residents experience a modest gain in income.
https://lao.ca.gov/Publications/Report/4946

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Rate of Low-Wage Work Declines Substantially From Ages 25 to 32. As shown in Figure  3, our estimates suggest that the share of workers in low-wage jobs declines by more than one-third between the ages of 25 and 32.
https://lao.ca.gov/Publications/Report/4878/2

Cannabis Tax Revenue Update (2024 Q3) [EconTax Blog]

Dec 3, 2024 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Third Quarter of 2024: $148 Million. The administration currently estimates that retail excise tax revenue was $148 million in the third quarter of calendar year 2024 (July through September).
https://lao.ca.gov/LAOEconTax/Article/Detail/817

Cannabis Tax Revenue Update (2024 Q3) [EconTax Blog]

Dec 3, 2024 - Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Third Quarter of 2024: $148 Million. The administration currently estimates that retail excise tax revenue was $148 million in the third quarter of calendar year 2024 (July through September).
https://lao.ca.gov/LAOEconTax/article/Detail/817

The 2025-26 Budget: Transportation Proposals

Feb 12, 2025 - The proposed funds to be transferred to MVA consist of $49  million from unallocated projected discretionary GGRF revenues and $32  million that would be “freed up ” by shifting some prior planned GGRF expenditures for clean energy activities to the Proposition  4 climate bond.
https://lao.ca.gov/Publications/Report/4961

Overview of K-12 Career Technical Education

Mar 25, 2025 - This represents 71  percent of the K ‑12 SWP grantees and 32  percent of CTEIG grantees. Grantees that receive funding from both programs must set aside local matching funds for each program, as funding from one program cannot be counted as a local match for the other.
https://lao.ca.gov/Publications/Report/5021

The 2024-25 California Spending Plan: Proposition 98 and K-12 Education

Sep 16, 2024 - Delays the program sunset date from 2030 ‑31 to 2031 ‑32 to give the fourth cohort of implementation grantees two years to spend their extension grants. Shifts $60  million previously set aside for extension grants to be used for additional implementation grants.
https://lao.ca.gov/Publications/Report/4929

The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - This includes 32 pending test claims and 4 additional claims for which CSM has already identified state-reimbursable mandated activities but has not yet developed cost estimates. (These are in addition to the four mandates —including the Santa Ana regional board mandate —which CSM already identified and assigned cost estimates over the past year.)
https://lao.ca.gov/Publications/Report/5039

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - Following a recommendation from our office, Chapter 39 of 2023 (AB 130, Committee on Budget) amended Section 19826 of the Government Code to establish a regularly occurring cycle so that a new compensation study for each bargaining unit would be released every two years, regardless of the status of its MOU.
https://lao.ca.gov/Publications/Report/5058

The 2024-25 California Spending Plan: Resources and Environmental Protection

Sep 12, 2024 - Notably, this includes $32  million from the General Fund for the acquisition phase of a project to build a new training center for CalFire. (In total, the training center project is anticipated to cost $632  million, with additional funding to be requested in future years.)
https://lao.ca.gov/Publications/Report/4928