Overview of State Bond Debt Service [EconTax Blog]

Feb 27, 2024 - Overview of State Bond Debt Service [EconTax Blog] Overview of State Bond Debt Service February 27, 2024 In this post, we summarize state bonds, the state ’s current debt levels, and its annual debt service payments.
https://lao.ca.gov/LAOEconTax/Article/Detail/798

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

Increasing Transparency of County Office of Education Spending

Mar 14, 2024 - Statute Requires COEs to Set Goals in State Priority Areas. For each of the state and local measures, statute requires COEs to establish performance targets for its students, student subgroups, and schools.
https://lao.ca.gov/Publications/Report/4883

The 2024-25 Budget: CalFire—Implementation of a 66-Hour Workweek

Mar 19, 2024 - First, the provision establishes a large policy change that affects how the state compensates its employees and how the state combats wildfires with minimal detail and significant deference to the joint labor management committee process.
https://lao.ca.gov/Publications/Report/4886

^[PDF] The Budget Package: 2010-11 California Spending Plan

Reductions in Pension Benefits for Future State Employees. The budget package includes a measure to reduce pension benefits for newly hired state employees. (Labor agreements recently ratified by the Legislature also reduce pension benefits for future employees in several bargaining units, and these reductions remain in effect.)
https://lao.ca.gov/reports/2010/bud/spend_plan/spend_plan_110510.pdf

The 2024-25 Budget: University of California

Feb 28, 2024 - After the state enacts the 2024 ‑25 budget, UC will finalize its enrollment counts for 2023 ‑24. If actual enrollment that year falls short of the state target, we recommend the state revert any unearned funds as part of the 2025 ‑26 budget.
https://lao.ca.gov/Publications/Report/4862

Income Tax Withholding Tracker: April 13-April 17 [EconTax Blog]

Apr 17, 2020 - Nonetheless, given the pace and possible severity of the shift in the state ’s economy resulting from the COVID-19 outbreak, tracking weekly withholding is worthwhile as a way to assess the state ’s rapidly changing economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/453

The 2024-25 Budget: Flood Management Proposals

Feb 26, 2024 - This funding would support repairs to levees and other infrastructure on state ‑owned land, for which the state is responsible. The funding also would enable the state to draw down additional support from USACE.
https://lao.ca.gov/Publications/Report/4856

August 2021 State Tax Collections [EconTax Blog]

Sep 20, 2021 - August 2021 State Tax Collections [EconTax Blog] Seth Kerstein Through the first two months of the 2021-22 fiscal year, collections from the state ’s three largest taxes —personal income, corporation, and sales taxes —are running 20 percent ($3.6 billion) ahead of budget projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/699

August 2021 State Tax Collections [EconTax Blog]

Sep 20, 2021 - August 2021 State Tax Collections [EconTax Blog] Seth Kerstein Through the first two months of the 2021-22 fiscal year, collections from the state ’s three largest taxes —personal income, corporation, and sales taxes —are running 20 percent ($3.6 billion) ahead of budget projections.
https://lao.ca.gov/LAOEconTax/article/Detail/699