California Economy and Taxes
 


A Closer Look at the Administration's Property Tax Estimates January 27, 2016

Our review of the best available evidence suggests that property tax collections in 2015-16 and 2016-17 will be higher than the administration assumes.


Why the Mid-1970s Play a Large Role in Property Taxes Today January 27, 2016

Why is it that one of the primary factors determining property tax revenues for California local governments is how much that government received in the mid-1970s?


County Economies: California Arguably Doing Better Than Recent Report Suggests January 26, 2016

We discuss a recent National Association of Counties report on county economies.


Dec. 2015 Jobs Report: Continuing Job Growth January 22, 2016

The Employment Development Department (EDD) has released December 2015 preliminary jobs data for California.


Four Factors Affecting Cities' Property Tax Revenues January 13, 2016

This post, the fourth in our property tax series, discusses the primary factors affecting a city government's proportion of the total property taxes collected within its boundaries.


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.