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The 2019-20 Budget: Tax Conformity

Mar 6, 2019 - In 2018, most states that levy a state PIT took some legislative action to conform to the federal changes made in December 2017. While some states adopted most of the changes, other states updated their conformity dates in state law —for example, New York on a rolling basis and Virginia on a static basis —but decoupled from many of the major federal changes.
https://lao.ca.gov/Publications/Report/3959

The 2019-20 Budget: Tax Conformity [Publication Details]

Mar 6, 2019 - Because the state’s income tax laws closely refer to large portions of federal law, many of those changes created new differences between federal and state taxes. State law currently does not adopt—or conform to—any of the federal changes made in 2017.
https://lao.ca.gov/Publications/Detail/3959

2002 Budget Analysis: P&I, Using Borrowing to Help Address the Budget Problem

As another example, the administration's securitization proposal would contribute even more dollars to solving the 2002-03 budget imbalance than the pension option. However, it may or may not prove to be a good financial deal for the state, depending on the interest rate investors require to buy the tobacco revenue bonds, other prov isions needed to market the
https://lao.ca.gov/analysis_2002/2002_pandi/pi_part_5a_borrowing_anl02.html

[PDF] Overview of the May Revision, Assembly, and Senate Budget Plans

Mandatory pension and retiree health costs may end up $300 million above amounts assumed in the three budget plans. Risks Abound in Each Budget Plan June 4, 2010 Page 10  Cash Situation Sensitive to Budget Timing.
https://lao.ca.gov/handouts/conf_comm/2010/Overview_Budget_Plans_2.pdf

The 2023-24 California Spending Plan: Judiciary and Criminal Justice

Oct 16, 2023 - Board of State and Community Corrections The budget provides $778  million for the Board of State and Community Corrections (BSCC) in 2023- 24 —a decrease of $397  million (34  percent) from the revised 2022-23 level.
https://lao.ca.gov/Publications/Report/4805

The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 2 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Education General Fund (In millions) Provides state share for school construction projects 1,961 Construction and renovation of TK, State Preschool, and full ‑day kindergarten facilities — Note: Includes augmentations above $50 million.
https://lao.ca.gov/Publications/Report/4788/4

2015 Census Data on Incomes [EconTax Blog]

Sep 15, 2016 - Today, the Census is releasing state and local area data from its 2015 American Community Survey (ACS). Household Income Data. The Census data shows that real California median household income grew by an estimated 4.0% in 2015, compared to 3.8% growth in the nation as a whole.
https://lao.ca.gov/LAOEconTax/Article/Detail/207

The 2020-21 Spending Plan: Higher Education [Publication Details]

Oct 16, 2020 - This post summarizes the state’s 2020-21 spending package for higher education. It is part of our Spending Plan series, which contains posts focused on each major sector of the state budget. In this post, we cover spending for the California Community Colleges, California State University, University of California, and student financial aid.
https://lao.ca.gov/Publications/Detail/4284

[PDF] Stop Child Molesters, Sexual Abusers and Drug Dealers From Working in California Schools Act

Summary of Fiscal Effects We estimate that this measure could have the following fiscal effects:  Minor net annual effect on the state, as small additional administrative costs would be offset by small savings related to dismissal hearings and retirement credit.  Small annual savings to school districts because of reduced legal expenses, wages, and pension costs.
https://lao.ca.gov/ballot/2013/130646.pdf