Legislative Analyst Office – California Globe

California’s Red Ink is Negatively Impacting Municipalities Large and Small

April 23, 2024 11:03 amApril 23, 2024 11:03 am

The State of California is hemorrhaging red ink with a massive budget shortfall. The non-partisan Legislative Analyst Office estimates the deficit at $73 billion; Governor Gavin Newsom claims to be optimistic and pegs the shortfall at $38 billion. A gap of $30...

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...

Overview of California’s Budget Process

January 12, 2020 7:44 amJanuary 12, 2020 10:46 am

The state budget process on paper is similar to the legislative process; however, it can be different in practical terms. The full budget committees of the Senate and Assembly act mostly as the final arbiter of their respective houses when...

California Looks At Alternative Ways to Tax Marijuana

December 24, 2019 2:10 amDecember 23, 2019 9:21 pm

California currently taxes all marijuana twice. According to a new report by the Legislative Analyst’s Office, Marijuana sales should be taxed on THC content or total amount of sales. Weight and Excise The report goes on to say that...