The 2018-19 Budget: Overview of the Governor's Budget

Jan 12, 2018 - Other Key Budget Proposals Over $200   Million in Business Tax Credits. The Governor proposes extending the California Competes tax credit program —which provides tax subsidies to select businesses that agree to expand employment or investment in the state —for five more years.
https://lao.ca.gov/Publications/Report/3731

The 2013-14 Budget: California's Fiscal Outlook [Publication Details]

Nov 14, 2012 - The state's economic recovery, prior budget cuts, and the additional, temporary taxes provided by Proposition 30 have combined to bring California to a promising moment: the possible end of a decade of acute state budget challenges.
https://lao.ca.gov/Publications/Detail/2668

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - Relative to January, the administration ’s estimates of revenues associated with the “Big Three ” state taxes were up $2.1  billion across 2015 ‑16, 2016 ‑17, and 2017 ‑18 combined. In addition to required spending increases under the Proposition  98 minimum guarantee, the May Revision proposed a discretionary increase of $1.6  billion for schools and community colleges across the three fiscal years.
https://lao.ca.gov/Publications/Report/3694/2

Federal Spending in California

Jan 18, 2017 - For example, the refundable portion of the EITC is estimated on a tax year basis (which runs from January 1st to December 31st) and defense contracts on a federal fiscal year basis (October 1st to September 30th) .
https://lao.ca.gov/Publications/Report/3531/1

The 2016-17 Budget: Overview of the Governor's Budget

Jan 11, 2016 - LAO Comments Administration ’s Estimate of Local Property Tax Revenue Too Low. The administration estimates that local property tax revenue counting toward Proposition  98 will be $19.2  billion in 2015 –16 and $20.6  billion in 2016 –17 .
https://lao.ca.gov/Publications/Report/3324

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The budget assumes that $ 79  m illion of fuel tax revenue will be transferred to the State Parks and Recreation Fund (SPRF) in 2018 ‑19 as a result of Chapter   5 o f 2017 (S B  1 , Beall). This is an increase of $ 25  m illion from the amount transferred in 2017 ‑18, which primarily reflects the full implementation of the fuel tax increases established in S B  1 .
https://lao.ca.gov/Publications/Report/3870/9

Revenues and the 2010-11 Budget [Publication Details]

May 10, 2010 - Presented at the Assembly Budget Committee hearing on Budget Options: Tax Structure and Tax Expenditures. May 11, 2010.
https://lao.ca.gov/Publications/Detail/2272

The 2017-18 Budget: California Spending Plan

Oct 18, 2017 - The legislation increases existing fuel taxes and creates two new vehicle charges to support existing and new transportation programs. It also repays monies loaned in the past to the General Fund from various transportation accounts.
https://lao.ca.gov/Publications/Report/3694/10

Federal Spending in California

Jan 18, 2017 - Most of the difference is attributable to differences in our estimates of grants spending and our inclusion of significant refundable tax credits as components of federal sp ending. While our estimate is not comparable with multi-state estimates, our approach does allow us to display spending amounts at a more detailed level and with more precision and detail than others.
https://lao.ca.gov/Publications/Report/3531/7

Why Aren't Revenue Estimates More Accurate? [Publication Details]

Nov 1, 1984 - The Legislature relies heavily on these estimates in deciding at what levels to fund state programs, how much money should be 11 put aside in reserves, and whether taxes should be raised or lowered. Consequently, the more accurate revenue estimates are, the more successful the Legislature can be in accomplishing its fiscal objectives--that is, selecting a combination of
https://lao.ca.gov/Publications/Detail/3146