Preliminary tax agency data on November 2015 revenue collections has been received.
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).
Preliminary data has been released by the state's tax agencies concerning October 2015 state revenue collections.
Personal income tax collections in September were hundreds of millions above the Governor's projections for the month.
We discuss new data on forgone state General Fund revenue resulting from the partial sales tax exemption on certain sales of manufacturing and R&D equipment.
Updated information about July 2015 major tax collections in California's General Fund has been released.
In total, 2014-15 General Fund agency cash revenue collections exceeded the Governor's estimate, as incorporated in the 2015-16 budget plan he signed into law last month, by $732 million.
We discuss the May Revision estimates for Proposition 30 revenues.
Our office's May Revision revenue outlook anticipates billions of dollars of additional revenues in 2015-16, compared to the administration's updated projections.
In this post, we present a map illustrating the variation in sales tax rates in two of California's major population centers.
As described in our recent report, Understanding California’s Sales Tax, New York City levies a sales tax on personal services. This note provides additional information about the services that are subject to this tax.
As described in our report, Understanding California's Sales Tax, California's sales tax rate has more than doubled since 1962.
This note provides information on March 2015 state tax collections.
This post discusses February 2015 personal income, sales, and corporate income tax collections (the General Fund's "Big Three" tax sources).