LAO Comment: Governor's Revenue Projections January 7, 2016

We provide a comment on the key tax revenue projections in the Governor's initial 2016-17 state budget proposal, which was released on January 7, 2016.


Preliminary: Dec. 2015 Income Taxes Above Projections January 6, 2016

We have received preliminary data from tax agencies concerning California's state income tax collections in December 2015.


Differences in Property Tax Revenue for Counties, Cities & Special Districts January 6, 2016

We examine the revenue from California's 1 percent property tax that is available for a subset of local governments.


3Q2015 State Personal Income January 5, 2016

The U.S. Bureau of Economic Analysis released estimates of state personal income through the third quarter of 2015 on December 21, 2015.


State Tax Agency Wins Major Corporate Tax Case January 4, 2016

On December 31, 2015, the California Supreme Court generally ruled in favor of the state's Franchise Tax Board in a major corporate tax case known as Gillette Company et al., v. Franchise Tax Board.


Handout: Cigarette Taxes & Smoking Behavior December 18, 2015

We presented testimony to the Legislature's special session committees considering health care financing issues.


November 2015 Jobs Report December 18, 2015

The U.S. Bureau of Labor Statistics and California's Employment Development Department have released preliminary November 2015 jobs data for the state.


Local Governments' Services & Their Property Tax Revenue December 16, 2015

We discuss the distribution of property taxes to the various types of California local governments.


Cap-and-Trade: November Auction Results December 11, 2015

We discuss recent data concerning November cap-and-trade auction results.


Fiscal Outlook: Personal Income vs. Income Tax Projections December 11, 2015

We discuss the distinctions between our personal income and personal income tax projections.


November 2015 Revenues: Sales Taxes Fall Short December 10, 2015

Preliminary tax agency data on November 2015 revenue collections has been received.


Understanding Your Property Tax Bill December 9, 2015

What are the different charges on a California property tax bill?


Limited Evidence California is Facing New Housing Bubble December 4, 2015

We briefly review the data concerning possible overheating in the state's housing market.


Fiscal Outlook: Property Taxes More Steady Than Home Prices November 18, 2015

Our Fiscal Outlook assumes continued growth in assessed values.


Fiscal Outlook: Proposition 30 Sales Taxes Expire At End of 2016 November 18, 2015

The expiration of the Proposition 30 sales tax increase affects the sales tax projections in our new Fiscal Outlook publication.