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November 1, 1984 - Revenue estimates play a crucial role in the state's budget process. The Legislature relies heavily on these estimates in deciding at what levels to fund state programs, how much money should be 11 put aside in reserves, and whether taxes should be raised or lowered. Consequently, the more accurate revenue estimates are, the more successful the Legislature can be in accomplishing its fiscal objectives--that is, selecting a combination of expenditure levels and tax rates that best meets the public's need and willingness to pay for services without giving rise to unwanted budget surpluses or deficits. In contrast, the more inaccurate revenue estimates prove to be, the more difficult it becomes for the Legislature to attain its objectives and manage the state's fiscal affairs effectively.
November 1, 1984 - This report was prepared pursuant to a requirement contained in Chapter 1270, Statutes of 1983 (SB 1155).
November 1, 1984 - Revenue estimates play a crucial role in the state's budget process. The Legislature relies heavily on these estimates in deciding at what levels to fund state programs, how much money should be "put aside" in reserves, and whether taxes should be raised or lowered. Consequently, the more accurate revenue estimates are, the more successful the Legislature can be in accomplishing its fiscal objectives--that is, selecting a combination of expenditure levels and tax rates that best meets the public's need and willingness to pay for services without giving rise to unwanted budget surpluses or deficits. In contrast, the more inaccurate revenue estimates prove to be, the more difficult it becomes for the Legislature to attain its objectives and manage the state's fiscal affairs effectively.
November 1, 1984 - This report was prepared pursuant to a requirement contained in Chapter 1270, Statutes of 1983 (SB 1155).
October 1, 1984 - This report summarizes the fiscal effect of legislation enacted during the 1984 Regular Session of the California Legislature. It is intended to supplement and update our July 1984 report entitled: Summary of Legislative Action on the Budget Bill, 1984-85 Fiscal Year.
October 1, 1984 - The construction and maintenance of California's highway system is financed primarily with tax revenues from two sources: (l) federal and state taxes assessed on the sale of gasoline and diesel fuel, and (2) weight fees imposed on commercial vehicles weighing more than 2,000 pounds.
October 1, 1984 - This report summarizes the fiscal effect of legislation enacted during the 1984 Regular Session of the California Legislature. It is intended to supplement and update our July 1984 report entitled: Summary of Legislative Action on the Budget Bill, 1984-85 Fiscal Year.
September 25, 1984 - Testimony Before the Senate Governmental Organization Committee and the Joint Committee on the State's Economy.
September 1, 1984 - Decisions affecting California's two primary welfare programs--Aid to Families with Dependent Children (AFDC), which provides cash grants to needy children and their parents, and Supplemental Security Income/State Supplementary program (SSI/SSP}, which provides cash grants to the aged, blind, and disabled--are among the more important decisions that the Legislature must make. There are two reasons for this. First, these decisions can have a more immediate and dramatic impact on the lives of individual Californians than is the case with most other decisions it makes. This is particularly true when issues affecting eligibility are being resolved. Second, these two programs are among the most costly administered by the state. Together, they account for 11 cents out of every dollar spent from the state's General Fund.
September 1, 1984 - The construction and maintenance of California's highway system is financed primarily with tax revenues from two sources: (I) federal and state taxes assessed on the sale of gasoline and diesel fuel, and (2)weight fees imposed on commercial vehicles weighing more than 2,000 pounds.
September 1, 1984 - Decisions affecting California's two primary welfare programs--Aid to Families with Dependent Children (AFDC), which provides cash grants to needy children and their parents, and Supplemental Security Income/State Supplementary program (SSI/SSP), which provides cash grants to the aged, blind, and disabled--are among the more important decisions that the Legislature must make. There are two reasons for this. First, these decisions can have a more immediate and dramatic impact on the lives of individual Californians than is the case with most other decisions it makes. This is particularly true when issues affecting eligibility are being resolved. Second, these two programs are among the most costly administered by the state. Together, they account for 11 cents out of every dollar spent from the state's General Fund.
August 1, 1984 - The Shared Work Unemployment Compensation (SWUC) program was established in 1978 as an alternative to layoffs during periods of reduced demand for labor. The program allows employees to receive Unemployment Insurance (UI) benefits when their work week has been reduced, even though they continue to be employed.
August 1, 1984 - The Shared Work Unemployment Compensation (SWUC) program was established in 1978 as an alternative to layoffs during periods of reduced demand for labor. The program allows employees to receive Unemployment Insurance (UI) benefits when their work week has been reduced, even though they continue to be employed.
July 1, 1984 - This report summarizes the fiscal effect of (1) the 1984 Budget Act (AB 2313), (2) the budget Trailer Bill (SB 1379), which makes statutory changes needed to implement the Budget Act, and (3) the local government finance bills (AB 1849/SB 794). The report shows the effect that expenditures and revenues authorized by these acts will have on the condition of the General Fund.
July 1, 1984 - This report summarizes the fiscal effect of The 1984 Budget Act (AB 2313), The Budget Trailer Bill (SB 1379), and The Local Government Finance Bills (AB 1849/SB 794).