Proposition 18 [Ballot]

Nov 3, 2020 - Minor One-Time State Costs. This measure would create one-time work for the state to update existing voter registration systems. The one-time state costs for this work likely would be in the hundreds of thousands of dollars .
https://lao.ca.gov/BallotAnalysis/Proposition?number=18&year=2020

Proposition 19 [Ballot]

Nov 3, 2020 - This is because existing state law could cause state funding for schools to decrease by about the same amount as their property tax gains. If this happens, the state would get cost savings in those years.
https://lao.ca.gov/BallotAnalysis/Proposition?number=19&year=2020

Proposition 20 [Ballot]

Nov 3, 2020 - Our estimates below of the fiscal effects on state and local government assume that the proposition is fully implemented. In total, the estimated increase in state costs reflects less than one percent of the state ’s current General Fund budget.
https://lao.ca.gov/BallotAnalysis/Proposition?number=20&year=2020

Proposition 21 [Ballot]

Nov 3, 2020 - State and Local Government Tax Revenues.  Three taxes are the largest sources of tax revenue for the state and local governments in California —personal income tax, property tax, and sales tax. The state collects a personal income tax on income —including rent received by landlords —earned within the state.
https://lao.ca.gov/BallotAnalysis/Proposition?number=21&year=2020

Proposition 22 [Ballot]

Nov 3, 2020 - Summary of Legislative Analyst ’s Estimate of Net State and Local Government Fiscal Impact Minor increase in state income taxes paid by rideshare and delivery company drivers and investors. Ballot Label Fiscal Impact : Minor increase in state income taxes paid by rideshare and delivery company drivers and investors.
https://lao.ca.gov/BallotAnalysis/Proposition?number=22&year=2020

Proposition 23 [Ballot]

Nov 3, 2020 - Summary of Legislative Analyst ’s Estimate of Net State and Local Government Fiscal Impact Increased state and local government costs likely in the low tens of millions of dollars annually. Ballot Label Fiscal Impact : Increased state and local government costs likely in the low tens of millions of dollars annually.
https://lao.ca.gov/BallotAnalysis/Proposition?number=23&year=2020

Proposition 24 [Ballot]

Nov 3, 2020 - The state ’s Department of Justice would continue to oversee and enforce these laws. Summary of Legislative Analyst ’s Estimate of Net State and Local Government Fiscal Impact Increased state costs of at least $10  million annually for a new state agency to oversee and enforce consumer privacy laws.
https://lao.ca.gov/BallotAnalysis/Proposition?number=24&year=2020

Proposition 25 [Ballot]

Nov 3, 2020 - Impact on State and Local Tax Revenues. This proposition would impact both state and local tax revenues. On the one hand, it would reduce state and local tax revenues. For example, insurance companies would no longer pay taxes on bail bond fees.
https://lao.ca.gov/BallotAnalysis/Proposition?number=25&year=2020

Home Prices Update: September 2020 [EconTax Blog]

Nov 2, 2020 - The graph below shows appreciation over the past 12 months for the state ’s 15 largest counties. The two most expensive of these, San Francisco and San Mateo, have lagged the rest of the state while neighboring and slightly less expensive Santa Clara has seen the sharpest growth.
https://lao.ca.gov/LAOEconTax/Article/Detail/573

Income Tax Withholding Tracker: October 26 - October 30 [EconTax Blog]

Nov 2, 2020 - Nonetheless, given the pace and severity of the shift in the state ’s economy resulting from the COVID-19 pandemic, tracking weekly withholding is worthwhile as a way to assess the state ’s evolving economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/572