How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - State income tax withholding at Nvidia more than doubled over the same period. What Effect Has Boost in Equity Withholding Had on State Tax Receipts This Year? Income tax withholding receipts for 2022-23 were about 3 percent lower than a year before.
https://lao.ca.gov/LAOEconTax/Article/Detail/789

How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - State income tax withholding at Nvidia more than doubled over the same period. What Effect Has Boost in Equity Withholding Had on State Tax Receipts This Year? Income tax withholding receipts for 2022-23 were about 3 percent lower than a year before.
https://lao.ca.gov/LAOEconTax/article/Detail/789

U.S. Retail Sales Update: October 2023 [EconTax Blog]

Nov 15, 2023 - U.S. retail sales have grown 1.5 percent over the last 3 months and 2.5 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months.
https://lao.ca.gov/LAOEconTax/Article/Detail/788

Local Sales Tax Revenue Allocation [Publication Details]

Nov 15, 2023 - Local Sales Tax Revenue Allocation [Publication Details] 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/Publications/Detail/4815

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - Film Tax Credit Extends Film Tax Credit Program. The budget extends the film tax credit —which awards $330  million in credits annually to motion picture productions —for five years beginning in 2025-26 (Program 4.0).
https://lao.ca.gov/Publications/Report/4814

Overview and Update on the Prison Receivership

Nov 8, 2023 - Since that time, the state implemented various policy changes —such as shifting responsibility for various felony populations from the state to the counties through the 2011 realignment —that significantly reduced the prison population.
https://lao.ca.gov/Publications/Report/4813

2023-24 Changes in Proposition 98 Spending [EdBudget]

Nov 7, 2023 - LCFF = Local Control Funding Formula, COLA = Cost-of-living adjustment, COE = county office of education, ASES = After School Education and Safety Program, CCEE = California Collaborative for Educational Excellence, LCAP = Local Control and Accountability Plan, LGBTQ+ = lesbian, gay, bisexual, transgender, queer, and others.
https://lao.ca.gov/Education/EdBudget/Details/778

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - Figure  3 shows the 3.6  percent increase will raise grants for all AU sizes in high-cost counties to between 45  percent and 49  percent of the FPL for a family one person larger than the AU size, and to slightly lower levels for families in lower-cost counties.
https://lao.ca.gov/Publications/Report/4812/2

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - The California Department of Social Services (CDSS) used data from 50 counties to inform a new methodology for determining annual county CalFresh administration funding. The new methodology includes updated assumptions and variables such as application volume, case types, and current eligibili ty worker costs.
https://lao.ca.gov/Publications/Report/4812/3

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - Specifically, AB  1051 requires the placing county to retain responsibility for providing specialty mental health services to the youth —rather than transferring that responsibility to the county where the youth is placed —for out-of-county placements, with limited exceptions.
https://lao.ca.gov/Publications/Report/4812/4