The 2024-25 Budget: Cap-and-Trade Expenditure Plan

Feb 20, 2024 - However, the way in which CARB makes changes to it s allocation of allowances (such as modifying the mix of allowances given away for free to certain industries like utilities versus the number sold at the state ‑run auctions) ultimately will determine the impacts on prices and state  revenues. 2030 Expiration.
https://lao.ca.gov/Publications/Report/4847

Overview of the State Small Business Credit Initiative [Publication Details]

Feb 13, 2024 - Overview of the State Small Business Credit Initiative [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/4843

The 2024-25 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Feb 8, 2024 - …While State Has Option to Provide Annual COLA to SSP Grants.  The state has full discretion over whether and how to provide increases to the SSP portion of the grant. Until 2011, the state had a statutory annual COLA.
https://lao.ca.gov/Publications/Report/4832

Collective Bargaining: Assessing Proposed Employee Compensation Increases

Mar 20, 2020 - In addition to near-term fiscal considerations, salary increases have very long-term fiscal effects as (1)  salary increases compound and (2)  pension benefits ultimately are based on salary. Important That Proposed Increases to Compensation Be Justified.
https://lao.ca.gov/Publications/Report/4206

^[PDF] Taxpayer Use and Administration of the Revised 540 2EZ Tax Form

.• The Voluntary Income Tax Assistance Program, which assists dis-• abled, lower-income, and non-English speaking taxpayers in complet- ing simple federal and state resident income tax returns. The FTB’s Public Distribution Program distributes publications, book-• lets, and forms to libraries, post offi ces, some colleges, and a number of government entities such as the Employment Development Depart- ment, the Department of Motor Vehicles, and the Internal Revenue Service.
https://lao.ca.gov/2009/stadm/540_2EZ.pdf

Income Tax Withholding Tracker: February 1 - February 19 [EconTax Blog]

Feb 19, 2021 - Nonetheless, given the pace and severity of the shift in the state ’s economy resulting from the COVID-19 pandemic, tracking monthly withholding is a useful way to assess the state ’s evolving economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/627

The 2024-25 Budget: In-Home Supportive Services

Feb 29, 2024 - Additionally, counties may establish IHSS hourly wages above the state minimum wage through local wage ordinances or, more commonly, collectively bargained agreements. The state, federal government, an d counties share in the cost of   IHSS wages .
https://lao.ca.gov/Publications/Report/4868

The 2024-25 Budget: Medi-Cal Analysis

Feb 14, 2024 - State ’s Uncertain Budget Condition Heightens Funding Risks. Since the 2023 ‑24 budget and the MCO tax package were enacted, the state ’s budget picture has deteriorated. Under the Governor ’s budget, the state is addressing a significant budget problem in the near term and is projected to face deficits in the out ‑years.
https://lao.ca.gov/Publications/Report/4838

The 2024-25 Budget: Department of Developmental Services

Feb 13, 2024 - Assessment Proposal Would Help Address the State Budget Problem … The $612.5  million decrease in General Fund spending for rate reform implementation would help the state address its budget deficit in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4837

The 2024-25 Budget: Crafting Climate, Resources, and Environmental Budget Solutions

Feb 14, 2024 - State Faces a Multiyear, Multibillion‑Dollar Budget Problem. Due to a deteriorating revenue picture relative to expectations from June 2023, both our office and the administration anticipate that the state faces a significant multiyear budget problem.
https://lao.ca.gov/Publications/Report/4841