March 29, 2022 - Presented to the Assembly Budget Subcommittee No. 4 on State Administration and the Assembly Committee on Jobs, Economic Development, and the Economy.
February 13, 2024 - Presented to: Assembly Committee on Jobs, Economic Development, and the Economy Assembly Budget Subcommittee No. 5 on State Administration
April 3, 2020 - This post in our COVID-19 series on federal actions affecting California summarizes federal financial assistance provided to businesses.
February 13, 2020 - This report assesses the Governor’s major 2020-21 budget proposals related to climate change. The four proposals we evaluate are the Governor's (1) cap-and-trade expenditure plan ($965 million), (2) expanded climate adaptation research and technical assistance activities ($25 million), (3) new Climate Catalyst loan fund ($250 million), and (4) climate bond ($4.75 billion).
September 23, 2021 - This post discusses features of the state's spending plan that were not covered elsewhere in the 2021-22 Spending Plan series.
February 20, 2024 - We analyze the Governor's proposals for new spending at the Governor's Office of Business and Economic Development.
January 26, 2022 - This 2022-23 budget post provides background on federal COVID-19 business assistance programs and describes the Governor’s proposal to modify state tax laws as they relate to some of these grant programs. This post also provides some comments to the Legislature on the Governor’s proposal.
August 13, 1996 - (1) California’s Transportation Finance Bank, and (2) Economic and Revenue Developments
April 14, 2011 - This letter is a statutorily-required analysis of the community development financial institution (CDFI) tax credit programs.
February 18, 2020 - Presented to: Senate Budget and Fiscal Review Committee Hon. Holly J. Mitchell, Chair
January 10, 2019 - In the event of a large-scale disaster, state and local governments, individuals and households, and businesses all can face damage to their properties and other possessions. Many of these losses ultimately are borne by these entities or individuals, their insurance, or the parties deemed responsible for the disaster, if applicable. However, both the federal government and the State of California provide various types of financial and in-kind assistance following certain disasters to offset some of the costs associated with recovering from disasters. Notably, the type of federal and state assistance that is available can vary by disaster, with some assistance only available in the aftermath of larger state or federally declared disasters. In this post, we summarize some of the major types of recovery assistance that can be available.
November 8, 2023 - This post discusses features of the state's spending plan that were not covered elsewhere in the 2023-24 Spending Plan series.
August 29, 2017 - Presented to: Select Committee on Youth and California’s Future and Assembly Committee on Banking and Finance
January 1, 1989 - This report, submitted pursuant to the Supplemental Report of the 1988 Budget Act, contains our findings and recommendations concerning the State Assistance Fund for Energy, California Business and Industrial Development Corporation (SAFE-BillCO). Specifically, the Supplemental Report directed our office to evaluate SAFE-BillCO's performance in meeting its original statutory goals and to determine the cost-effectiveness of providing financial assistance to small businesses through the use of federal loan guarantees as opposed to other forms of state assistance.
February 5, 2021 - This publication provides detailed information and our initial comments on each component of the Governor's 2021-22 package of proposals—totaling $1 billion—to reduce the risk of severe and damaging wildfires. (See also our publication The 2021-22 Budget: Wildfire Resilience Package for an overview of and our initial comments on the package.)
January 4, 2024 - This report provides an analysis of state assistance given to businesses in response to COVID-19. It includes: (1) background information on the state and federal programs that provided both broad and targeted relief to businesses; (2) a description of the industries that received the most public assistance; and (3) a description of the types of communities, defined using zip codes, that received more state and federal assistance. The report concludes with some findings and comments for the Legislature.