July 2018 State Tax Collections [EconTax Blog]

Aug 10, 2018 - Lower sales tax results explain this shortfall, as PIT collections were somewhat above projections and corporation taxes were very close to the monthly estimate. A new IT system used to collect sales tax may explain this lower collection.
https://lao.ca.gov/LAOEconTax/Article/Detail/297

Building Permits Update: June 2018 [EconTax Blog]

Aug 3, 2018 - June was an exceptional month for multifamily permits in Los Angeles County. 4,017 multifamily units very permitted in Los Angeles in June. This is the single largest month for any metropolitan area in at least 30 years.
https://lao.ca.gov/LAOEconTax/Article/Detail/296

Proposed constitutional initiative related to gaming activities. [Ballot]

Aug 1, 2018 - For example, cardrooms and their owners along with winnings are subject to sta te and local taxes. Lottery sales and winnings are generally not subject to state and local taxes. Federal Authorization of Tribal Gaming.
https://lao.ca.gov/BallotAnalysis/Initiative/2018-003

Why Are Unemployment Claims a Useful Economic Indicator? [EconTax Blog]

Jul 24, 2018 - Personal income is the tax base for the state ’s largest source of tax revenue : the personal income tax.  
https://lao.ca.gov/LAOEconTax/Article/Detail/290

State Revenue Tracking: Focus on Four Key Months [EconTax Blog]

Jul 18, 2018 - Tax filers who do not prepay all their taxes through paycheck withholding must make quarterly tax payments to the Franchise Tax Board (FTB). Much of these payments come from filers who receive a large share of their income from business income, capital gains, and other non-wage income.
https://lao.ca.gov/LAOEconTax/Article/Detail/289

2017-18 State Tax Collections [EconTax Blog]

Jul 11, 2018 - 2017-18 State Tax Collections [EconTax Blog] Carolyn Chu This post covers final 2017-18 totals for the personal income tax (PIT) and  corporation tax, and prelimnary totals for the sales tax. Total 2017-18 Tax Collections Exceed Projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/288

Core Funding for County Offices of Education (COEs) [EdBudget]

Jul 10, 2018 - Core Funding for County Offices of Education (COEs) [EdBudget] a Reflects final apportionments as reported by the California Department of Education. b Reflects the administration's estimates. c Consists of less than $1 million annually to provide (1) every COE with a minimum of $200 per pupil from the Education Protection Account and (2) an add-on for a high school serving foster youth in San Diego county (discontinued in 2018-19).
https://lao.ca.gov/Education/EdBudget/Details/196

Early Education Funding Rates by Rate System, Setting, and Age [EdBudget]

Jul 10, 2018 - Averages for regional market rates are weighted by the number of subsidized children receiving child care in each setting and county. Estimates assume half of children reimbursed at weekly rate and half at monthly rate.
https://lao.ca.gov/Education/EdBudget/Details/166

K-12 Proposition 98 Funding by Program [EdBudget]

Jul 10, 2018 - All years also include negative adjustments for ongoing costs paid with one-time funds and a settlement related to an Orange County property tax issue. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/159

Proposition 98 Property Tax Estimates Under 2018-19 Budget Package [EdBudget]

Jul 6, 2018 - Proposition 98 Property Tax Estimates Under 2018-19 Budget Package [EdBudget] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Education/EdBudget/Details/150