We discuss our updated state revenue outlook, released as part of our response to the Governor's 2017 May Revision.
We discuss our new economic outlook, released as part of our response to the Governor's 2017 May Revision.
We tracked personal income tax (PIT) collections of California's tax agencies throughout April, a key month for receipts of the state government's largest revenue source. This post also includes prelimimary tax agency reports on April's corporation and sales tax collections.
Based on preliminary tax agency data, March 2017 income tax collection trends were quite positive.
We now have some preliminary February 2017 state tax collection data from California's tax agencies.
The state will likely generate only about $8 million in revenue from the auction.
We display the administration's estimates for this revenue source as of January 2017.
We have received preliminary data from tax agencies on January 2017 collections of California's major state taxes.
We have begun to receive preliminary information on December 2016 state major tax collections.
We provide our updated Proposition 30/55 revenue estimates.
We discuss our office's new sales tax projection model.
We examine reasons behind lower-than-expected growth in assessed property values.