The 2018-19 Budget: California Competes Proposal [Publication Details]

Feb 21, 2018 - The Governor proposes extending the California Competes tax credit for five years. We recommend rejecting the administration’s proposal to extend the California Competes tax credit because of problems that are inherent in and unavoidable for these types of programs. If the Legislature chooses to extend California Competes, we offer several suggestions that may alleviate some of its problems.
https://lao.ca.gov/Publications/Detail/3759

Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - Under these reevaluations, the rainy day fund deposit is revised up (down) if capital gains taxes were higher (lower) than the state ’s prior estimates. The state does not revisit its estimate of the base amount in the true up calculation.
https://lao.ca.gov/Publications/Report/3727

Review of the California Competes Tax Credit

Oct 31, 2017 - We will receive preliminary data on the use of tax credits for the 2016 tax year in November 2017.) Taxpayers claimed $3  million worth of California Competes credits in tax year 2014 and $12.6  million in tax year 2015.
https://lao.ca.gov/Publications/Report/3709

Review of the California Competes Tax Credit [Publication Details]

Oct 31, 2017 - Review of the California Competes Tax Credit [Publication Details] Description: California Competes awards income tax credits to attract or retain businesses considering a significant new investment in California.
https://lao.ca.gov/Publications/Detail/3709

The Property Tax Inheritance Exclusion

Oct 9, 2017 - Special Rules for Inherited Property Local Governments Levy Property Taxes. Local governments in California —cities , counties, schools, and special districts —levy property taxes on property owners based on the value of their property.
https://lao.ca.gov/Publications/Report/3706

The Property Tax Inheritance Exclusion [Publication Details]

Oct 9, 2017 - The Property Tax Inheritance Exclusion [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/3706

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - Volatility of California’s Personal Income Tax Structure Volatility of California ’s Personal Income Tax Structure   Executive Summary The personal income tax (PIT) is the state government ’s most important revenue source.
https://lao.ca.gov/Publications/Report/3703

Volatility of California’s Personal Income Tax Structure [Publication Details]

Sep 28, 2017 - Volatility of California’s Personal Income Tax Structure [Publication Details] Volatility of California’s Personal Income Tax Structure Format: HTML Description: For many years, personal income tax (PIT) volatility has complicated budgetary planning.
https://lao.ca.gov/Publications/Detail/3703

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - This is about 2.5  percent of total statewide property tax revenue. This share is higher in some counties, such as San Luis Obispo (7  percent), El Dorado (6  percent), Sonoma (6  percent), and Santa Babara (5  percent).
https://lao.ca.gov/Publications/Report/3693

How Will Aging Baby Boomers Affect Future Property Tax Revenues? [Publication Details]

Jun 20, 2017 - How Will Aging Baby Boomers Affect Future Property Tax Revenues? [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/3693