April 2018 State Tax Collections [EconTax Blog]

May 1, 2018 - Combined with the corporation tax, collections from the state ’s two income taxes are $3.7  billion above administration projections through the first 10 months of the fiscal year. Making Sense of the December 2017 Surge in PIT Payments … Recent changes in federal tax law created an incentive for taxpayers to shift estimated payments relating to their 2017 tax liabilities from January and/or April 2018 into December 2017.
https://lao.ca.gov/LAOEconTax/Article/Detail/276

The 2018-19 Budget: Meeting Workforce Demand for Certified Nursing Assistants in Skilled Nursing Facilities

Apr 27, 2018 - Reimbursements are funded by the Employment Training Tax, which is a special tax paid by California employers. Members of ETP decide which businesses to award these training funds. To receive reimbursement for training costs, a business must pay trainees an ETP-determined minimum wage after the training is completed and must retain employees for at least three months after the training.
https://lao.ca.gov/Publications/Report/3815

Voluntary Contribution Tax "Check-Offs" [EconTax Blog]

Apr 17, 2018 - Voluntary Contribution Tax "Check-Offs" [EconTax Blog] Brian Weatherford Taxpayers May Donate to Charities When Paying Income Tax.  State taxpayers may voluntarily contribute to one or more charitable funds and programs when they file their personal income tax returns.  
https://lao.ca.gov/LAOEconTax/Article/Detail/275

Tariffs and California Agriculture [EconTax Blog]

Apr 16, 2018 - Production of these crops is concentrated Fresno, Kern, and Tulare counties.  
https://lao.ca.gov/LAOEconTax/Article/Detail/274

The 2018-19 Budget: Update on K-12 Student Attendance

Apr 16, 2018 - For purposes of Proposition 98, ADA consists of the average number of students attending each day of the school year across all school districts, charter schools, and county offices of education in the state.
https://lao.ca.gov/Publications/Report/3811

The 2018-19 Budget: California State Library

Apr 13, 2018 - Beginning in 2018 ‑19, the Governor proposes the State Library begin paying $163,000 for the surcharges and taxes. (The total cost for surcharges and taxes is $326,000 —the other half is covered by the California Teleconnect Fund).
https://lao.ca.gov/Publications/Report/3810

The 2018-19 Budget: Commission on Teacher Credentialing—Administrator Performance Assessment

Apr 12, 2018 - The CTC reports that 65 institutions currently operate approved administrator credentialing programs in California —25 private universities, 22 California State University campuses, 15  local education agencies (mostly county offices of education), and 3 University of California campuses.
https://lao.ca.gov/Publications/Report/3809

California's Tax System: A Visual Guide [Publication Details]

Apr 12, 2018 - This visual guide explains California's tax system using over 40 data visualizations. The report examines various characteristics of the tax system including what items are taxed, who pays the taxes, and how taxes are used.
https://lao.ca.gov/Publications/Detail/3805

March 2018 State Tax Collections [EconTax Blog]

Apr 9, 2018 - March 2018 State Tax Collections [EconTax Blog] Seth Kerstein Overall, March is a minor revenue month for the state ’s three main taxes. As shown in the figure below, collections from these taxes exceeded the administration ’s January 2018 projections by $547 million (8 percent).
https://lao.ca.gov/LAOEconTax/Article/Detail/272

The 2018-19 Budget: Governor's Gann Limit Estimates

Apr 6, 2018 - As described earlier, when local property tax revenue outpaces growth in school district appropriations limits, the state must transfer some of its limit to school districts to ensure that they do not exceed their local limits.
https://lao.ca.gov/Publications/Report/3800