A Look at Voter-Approval Requirements for Local Taxes [Publication Details]

Mar 20, 2014 - A Look at Voter-Approval Requirements for Local Taxes [Publication Details] Video Description: For about 100 years, California’s local governments generally could raise taxes without directly securing their residents’ consent.
https://lao.ca.gov/Publications/Detail/2978

The 2014-15 Budget: Pilot Program to Improve Property Tax Administration [Publication Details]

Mar 13, 2014 - In this report, we provide an overview of local property tax administration and review the administration's proposed three-year pilot program to improve tax administration and generate state General Fund savings.
https://lao.ca.gov/Publications/Detail/2974

Why Have Sales Taxes Grown Slower Than the Economy? [Publication Details]

Aug 5, 2013 - Historically, consumers have spent about the same share of their income each year on taxable items, meaning that sales taxes generally kept pace with growth in the state's economy. Starting in 1980, however, California consumers began to spend a growing share of their income each year on nontaxable items, especially services, and a declining share of their income on taxable goods.
https://lao.ca.gov/Publications/Detail/2800

The 2012-13 Budget: California’s Fiscal Outlook [Publication Details]

Nov 16, 2011 - In 2012-13, the state will face higher costs due to expiration of a number of temporary budget measures, an increase in Proposition 98 school costs under current law, the repayment of its Proposition 1A property tax loan, and other factors.
https://lao.ca.gov/Publications/Detail/2539

The 2011-12 Budget: The Administration's Revenue Accrual Approach [Publication Details]

Jan 31, 2011 - In the administration's budget figures, this approach increases revenues available for the 2011-12 budget process by over $700 million and decreases the 2011-12 minimum funding guarantee for schools and community colleges by $1.5 billion below what it would have been otherwise.
https://lao.ca.gov/Publications/Detail/2420

California’s Fiscal Outlook: The 2011-12 Budget [Publication Details]

Nov 10, 2010 - Similar to our forecast of one year ago, we project annual budget problems of about $20 billion each year through 2015‑16. We continue to recommend that the Legislature initiate a multiyear approach to solving California’s recurring structural budget deficit.
https://lao.ca.gov/Publications/Detail/2365

Reconsidering the Optional Single Sales Factor [Publication Details]

May 26, 2010 - Our findings indicate that: (1) a formula with a higher weight on sales and lower weights on property and payroll promotes job growth to some extent; (2) with most states’ formulas now based only on sales, the old formula that used property and payroll could put some California producers at a competitive disadvantage; and (3) allowing firms to choose their formula every year arbitrarily favors some firms over others.
https://lao.ca.gov/Publications/Detail/2290

Evaluating the Sale-Leaseback Proposal: Should the State Sell Its Office Buildings? [Publication Details]

Apr 27, 2010 - In our view, taking on long-term obligations—like the lease payments on these buildings—in exchange for one-time revenue to pay for current services is bad budgeting practice as it simply shifts costs to future years.
https://lao.ca.gov/Publications/Detail/2261

California's Fiscal Outlook: The 2010-11 Budget [Publication Details]

Nov 18, 2009 - Addressing this large shortfall will require painful choices—on top of the difficult choices the Legislature made earlier this year. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/2143

2009-10 Budget Analysis Series: Revenues [Publication Details]

Feb 6, 2009 - We also identify two targeted rate increases—increasing the vehicle license fee (VLF) to 1 percent and a three-year temporary PIT surcharge—that, combined, would raise $3.4 billion in 2009‑10 and $3.5 billion in 2010‑11.
https://lao.ca.gov/Publications/Detail/1923