- All Articles Personal Income Tax
May Revision: Proposition 30 Estimates, Accrual Uncertainties May 18, 2015
We discuss the May Revision estimates for Proposition 30 revenues.
May Revision: LAO Revenue Outlook May 16, 2015
Our office's May Revision revenue outlook anticipates billions of dollars of additional revenues in 2015-16, compared to the administration's updated projections.
FTB Spring 2015 Revenue Exhibit Data Posted May 14, 2015
The Franchise Tax Board has posted its spring "exhibit" data, which contains information used by our office and the administration to understand state income tax collections.
4/2015: Personal Income Tax Far Above Projections May 8, 2015
This post provides updated data from the tax agencies on monthly agency cash collections of California's key state taxes.
April 2015 Daily Personal Income Tax Tracker May 1, 2015
We tracked April 2015 personal income tax (PIT) collections on a daily basis. April is a key month for collections of the PIT, the state government's largest revenue source.
2013 FTB Data: Personal Income Tax Base Varies Regionally April 30, 2015
The Franchise Tax Board has released data on taxes paid and income reported on 2013 California personal income tax returns by county.
3/2015: Revenues $1.3 Billion Above Fiscal Year Projection April 15, 2015
This note provides information on March 2015 state tax collections.
April 15 and Accruals: Complexity April 15, 2015
This note discusses the state's complex revenue accrual rules, which affect Proposition 98 school funding and various aspects of state budgeting, in the context of the April 15 personal income tax deadline.
February 2015 Income Taxes Far Above Forecast March 17, 2015
This post discusses February 2015 personal income, sales, and corporate income tax collections (the General Fund's "Big Three" tax sources).
New College Access Tax Credit Affects Budget Revenue Projections February 27, 2015
This note discusses the complex effects on state budget revenue projections related to the new College Access Tax Credit.
California State Tax Expenditures Total Around $55 Billion February 19, 2015
In response to questions received during a January Senate budget hearing, we examine California's General Fund tax expenditures: tax deductions, credits, exclusions, and the like that reduce revenues below what they would be otherwise.
Jan. 2015 General Fund Revenue Collections February 18, 2015
We provide preliminary data concerning January 2015 California income and sales tax collections (the state General Fund's "Big Three" tax revenue sources).
Silicon Valley, San Francisco, & Marin: CA Income Taxes February 4, 2015
A recent report on Silicon Valley discusses the region's economic growth. We consider the role that Silicon Valley, San Francisco, and Marin play in California's main state government revenue source, the personal income tax.
FTB December 2014 Revenue Exhibits Posted January 28, 2015
The Franchise Tax Board's twice-yearly revenue exhibits are highly technical, but include key information for those who track and forecast California's state income tax revenues.
December Income Taxes Far Above June Budget Act Projections January 8, 2015
The preliminary December 2014 income tax totals increase the chances that General Fund revenues in 2014-15 will be billions of dollars above what our office projected a few weeks ago.