LAO Multiyear State Budget Outlook

May 19, 2017 - The differences in these outlooks are nearly entirely driven by different assumptions about how much revenue, in particular from the personal income tax (PIT), that state will collect over the next few years.
https://lao.ca.gov/Publications/Report/3675

The 2012-13 Budget: Overview of the Governor's Budget [Publication Details]

Jan 11, 2012 - The 2012-13 Budget: Overview of the Governor's Budget [Publication Details] Video Description: The Governor’s proposed tax initiative is the cornerstone of his 2012-13 budget plan, which includes proposals to restructure education finance, reduce social services and child care programs substantially, and implement trigger cuts--primarily affecting schools--if voters do not approve the tax measure.
https://lao.ca.gov/Publications/Detail/2552

The 2014-15 Budget: Overview of the May Revision [Publication Details]

May 16, 2014 - In addition, we project over $700 million more in local property taxes for school districts. If the Legislature were to adopt our office's higher revenue forecast and property tax estimates, General Fund spending under Proposition 98 would increase $2.7 billion, relative to the administration's May forecast.
https://lao.ca.gov/Publications/Detail/3017

The 2015-16 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2015 - Whether tax revenues grow further, stagnate, or, in the worst case, decline in 2015-16 will depend in large part on trends in volatile capital gains and business income. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3157

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - MCO Tax Assumed to End After July 1, 2019. Chapter  2 of the 2015 –16 Second Extraordinary Session (SB2X 2, Hernandez) imposes a revised MCO tax on most managed care plans for three years ending July 1, 2019.
https://lao.ca.gov/Publications/Report/3507

The 2018-19 Budget: Governor's Gann Limit Estimates [Publication Details]

Apr 6, 2018 - The 2018-19 Budget: Governor's Gann Limit Estimates [Publication Details] The 2018-19 Budget: Governor's Gann Limit Estimates Format: HTML Description: The State Constitution limits how much the Legislature can spend from tax revenues.
https://lao.ca.gov/Publications/Detail/3800

The 2016-17 Budget: The Governor’s Reserve Proposal

Feb 19, 2016 - California has two statutes that trigger reductions in the state ’s sales tax rate if balances in the SFEU reach a certain threshold. Under either statute, the state ’s sales tax rate would automatically decline by one –quarter cent for one calendar year, equal to around $1.5  billion.
https://lao.ca.gov/Publications/Report/3348

The 2012-13 Budget: Economic and Revenue Update [Publication Details]

Feb 27, 2012 - Like the economic data, reports concerning state revenues have been mixed recently too, with weakness in income tax payments accompanied by speculation concerning a future bonanza of tax revenues due to the possible offering of stock by Facebook, Inc.
https://lao.ca.gov/Publications/Detail/2578

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The program authorizes the issuance of bonds backed by personal income tax revenues raised under the Mental Health Services Act (Proposition   63 o f 2004). Before these bonds can be issued, the state must complete a validation process whereby the courts determine whether issuance of the bonds is legal.
https://lao.ca.gov/Publications/Report/3870/8

The 2018-19 Budget: Governor's Gann Limit Estimates

Apr 6, 2018 - As described earlier, when local property tax revenue outpaces growth in school district appropriations limits, the state must transfer some of its limit to school districts to ensure that they do not exceed their local limits.
https://lao.ca.gov/Publications/Report/3800