Budget Reserve Proposals [Publication Details]

Feb 27, 2014 - California’s state tax system is highly volatile, and the state has a poor track record of setting aside reserves when times are good to help balance the budget during later economic downturns. Designing a constitutional rainy-day fund mechanism, however, involves many complexities that require detailed consideration by the state’s leaders.
https://lao.ca.gov/Publications/Detail/2959

Implementation of the Enterprise Data to Revenue (EDR) project

Feb 20, 2014 - Further Detail Background The Franchise Tax Board (FTB) administers California ’s income tax programs. The FTB uses information technology (IT) systems to process taxpayer returns and collect tax revenue.
https://lao.ca.gov/Recommendations/Details/790

"Big Three" state taxes basically on target in January 2014

Feb 10, 2014 - "Big Three" state taxes basically on target in January 2014 "Big Three" state taxes basically on target in January 2014 Program: Revenues Finding or Recommendation: This note provides updated sales, personal income, and corporation tax collection information for the State of California for the month of January 2014.
https://lao.ca.gov/Recommendations/Details/788

Overall, California's January income taxes on target

Feb 4, 2014 - Overall, California's January income taxes on target Overall, California's January income taxes on target Program: This note provides an update on 2014 California income tax collections. Further Detail Overall, January 2014 Income Taxes On Target.
https://lao.ca.gov/Recommendations/Details/785

Nonprofits and the Property Tax [Publication Details]

Feb 3, 2014 - Nonprofits and the Property Tax [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/2897

California's December income tax collections were quite strong

Jan 7, 2014 - California's December income tax collections were quite strong California's December income tax collections were quite strong Program: Revenues Finding or Recommendation: This provides an update on December 2013 personal income tax and corporation tax revenue collections for the State of California.
https://lao.ca.gov/Recommendations/Details/775

Update on strong California capital gains tax collections in September

Sep 30, 2013 - This note provides an update on 2013-14 state revenues, particularly the state ’s personal income tax (PIT) and corporate tax collections. September is the first month of the fiscal year in which significant amounts of PIT and  corporate tax   “estimated payments ” are submitted to the state ’s Franchise Tax Board (FTB).
https://lao.ca.gov/Recommendations/Details/774

Why Have Sales Taxes Grown Slower Than the Economy? [Publication Details]

Aug 5, 2013 - Correspondingly, total sales tax revenues for the state and local governments have grown somewhat slower than the state's economy since 1980, despite periodic increases in the tax rate. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/2800

2012-13 revenues on track to end above both Governor and LAO projections (Updated July 1)

Jul 1, 2013 - Agency cash revenue collection data indicates that the state ended May and June 2013  well above the Governor 's revenue projections for the personal income tax (PIT) and corporation tax (CT). For these two income taxes alone, June revenues were around $1 billion above the Governor 's projections--adding to the stronger-than-forecast results from the prior month of May.
https://lao.ca.gov/Recommendations/Details/773

May personal income taxes finish $550 million above Governor's projection

Jun 5, 2013 - May personal income taxes finish $550 million above Governor's projection May personal income taxes finish $550 million above Governor's projection Program: Provides update on May 2013 personal income tax collections.
https://lao.ca.gov/Recommendations/Details/772