Looking at the Early Effects of Federal Tax Changes on Housing [EconTax Blog]

May 4, 2018 - Looking at the Early Effects of Federal Tax Changes on Housing [EconTax Blog] Looking at the Early Effects of Federal Tax Changes on Housing May 4, 2018 Brian Uhler In December 2017, Congress passed a package of changes to federal personal income tax and corporation tax laws.
https://lao.ca.gov/LAOEconTax/Article/Detail/281

Building Permits Update: March 2018 [EconTax Blog]

May 3, 2018 - March was a strong month for single family home permitting in the greater Los Angeles area. 2,135 single family homes were permitted in Los Angeles, Orange, Riverside, and San Bern ardino counties in March 2018.
https://lao.ca.gov/LAOEconTax/Article/Detail/279

The 2018-19 Budget: Update on State Funding for K-12 School Facilities

May 3, 2018 - These agencies tend to b e smaller school districts (which tend to have higher per-student facility costs) and county offices of education (which do not have independent authority to issue their own local general obligation bonds).
https://lao.ca.gov/Publications/Report/3821

Bay Area Home Prices Looking a Little Hot [EconTax Blog]

May 2, 2018 - Currently, the ratio is 24 for markets outside of the four Bay Area counties listed above. For these four Bay Area counties, the ratio currently is somewhere between 40 and 45. Even in normal times, the ratio tends to be higher in these countie s (around 35).
https://lao.ca.gov/LAOEconTax/Article/Detail/277

April 2018: Personal Income Tax Tracker [EconTax Blog]

May 2, 2018 - April 2018: Personal Income Tax Tracker [EconTax Blog] Carolyn Chu April is a major revenue month for the state. This post includes two graphs that track the state ’s progress in meeting the administration ’s January 2018 projection for April personal income tax receipts.
https://lao.ca.gov/LAOEconTax/Article/Detail/273

April 2018 State Tax Collections [EconTax Blog]

May 1, 2018 - Combined with the corporation tax, collections from the state ’s two income taxes are $3.7  billion above administration projections through the first 10 months of the fiscal year. Making Sense of the December 2017 Surge in PIT Payments … Recent changes in federal tax law created an incentive for taxpayers to shift estimated payments relating to their 2017 tax liabilities from January and/or April 2018 into December 2017.
https://lao.ca.gov/LAOEconTax/Article/Detail/276

The 2018-19 Budget: Meeting Workforce Demand for Certified Nursing Assistants in Skilled Nursing Facilities

Apr 27, 2018 - Reimbursements are funded by the Employment Training Tax, which is a special tax paid by California employers. Members of ETP decide which businesses to award these training funds. To receive reimbursement for training costs, a business must pay trainees an ETP-determined minimum wage after the training is completed and must retain employees for at least three months after the training.
https://lao.ca.gov/Publications/Report/3815

Voluntary Contribution Tax "Check-Offs" [EconTax Blog]

Apr 17, 2018 - Voluntary Contribution Tax "Check-Offs" [EconTax Blog] Brian Weatherford Taxpayers May Donate to Charities When Paying Income Tax.  State taxpayers may voluntarily contribute to one or more charitable funds and programs when they file their personal income tax returns.  
https://lao.ca.gov/LAOEconTax/Article/Detail/275

Tariffs and California Agriculture [EconTax Blog]

Apr 16, 2018 - Production of these crops is concentrated Fresno, Kern, and Tulare counties.  
https://lao.ca.gov/LAOEconTax/Article/Detail/274

The 2018-19 Budget: Update on K-12 Student Attendance

Apr 16, 2018 - For purposes of Proposition 98, ADA consists of the average number of students attending each day of the school year across all school districts, charter schools, and county offices of education in the state.
https://lao.ca.gov/Publications/Report/3811