LAO – Page 6 – California Globe

Legislative Analyst Warns CA May Face Budget Shortfall as Early as Next Year

May 18, 2022 12:22 pm

The California Legislative Analyst’s Office (LAO) issued a warning on Tuesday that California may be facing a budget shortfall as early as next year due to to the increasingly likelihood of a recession, inflation, and Governor Gavin Newsom’s spending plan...

Leg Analyst Projects California Will Have $31 Billion Budget Surplus Next Year

November 18, 2021 11:43 amNovember 18, 2021 11:43 am

According to the 2022-2023 California state budget Fiscal Outlook report compiled by the Legislative Analyst’s Office (LAO) on Wednesday, California will have a $31 billion surplus next year. This marks the second budget year in a row where a large...

Bill To Have Prosecutors and Courts Determine Incarceration Costs Passes Assembly

June 3, 2021 3:20 pm

A bill to require prosecutors and judges to determine how much it would cost taxpayers to incarcerate defendants at sentencing was passed by the Assembly on Wednesday. Assembly Bill 1474, authored by Assemblyman Jesse Gabriel (D-Woodland Hills), would require multiple...

Sports Betting Constitutional Amendment Qualifies For 2022 Ballot in California

May 28, 2021 11:05 am

A proposed constitutional amendment that would allow sport betting at tribal casinos and horse-racing track, as well as craps and roulette at tribal casinos, garnered enough signatures on Thursday to get on the 2022 ballot. The office of the Secretary...

Gov. Newsom’s State Surplus Found To Be Only $38 Billion In New LAO Report

May 19, 2021 11:33 am

Earlier this week, the California Legislative Analyst’s Office, a non-partisan group within the California state government, found that the state budget surplus is only around $38 billion – half of the $76 billion that Governor Newsom touted in his recent...

Assembly Subcommittee Rejects Gov. Newsom Proposal to Create/Replace EDD With New Agency

May 6, 2021 2:13 amMay 7, 2021 3:45 pm

The Assembly Budget Subcommittee on State Administration unanimously rejected a proposal by the Governor on Tuesday that would create a new working conditions agency, favoring instead more improvements at the Employment Development Department (EDD). The meeting was the first time...

LAO Study: Statewide Rent Control Prop. Would Cost Cities Tens Of Millions

July 24, 2020 2:09 amJuly 23, 2020 7:10 pm

According to a Legislative Analyst’s Office study made public earlier this week, the ballot initiative expanding rent control, Proposition 21, would lead to more severe repercussions for Californians, including a reduction of available rental units and a drop in housing...