We have received preliminary data from tax agencies concerning California's state income tax collections in December 2015.
We examine the revenue from California's 1 percent property tax that is available for a subset of local governments.
We discuss the distribution of property taxes to the various types of California local governments.
We discuss the distinctions between our personal income and personal income tax projections.
We briefly review the data concerning possible overheating in the state's housing market.
Our Fiscal Outlook assumes continued growth in assessed values.
The expiration of the Proposition 30 sales tax increase affects the sales tax projections in our new Fiscal Outlook publication.
In conjunction with the November 2015 edition of our Fiscal Outlook, we update our estimates for the revenue effects of Proposition 30 (2012).