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

The 2017-18 Budget: Overview of the Governor's Budget

Jan 13, 2017 - IHSS MOE Impact on Counties. The elimination of the CCI shifts significant IHSS program costs from the General Fund back to the counties ($600  million in 2017 –18 ). Legislative consideration might be given to how the state might help ease counties ’ transition to a higher share of IHSS costs as counties seek to rebalance their revenues and expenditures in light of the CCI ’s elimination.
https://lao.ca.gov/Publications/Report/3528

The 2017-18 Budget: Overview of the Governor's Budget [Publication Details]

Jan 13, 2017 - The administration's estimates anticipate slow growth in the personal income tax (PIT), the state’s dominant revenue source. The Governor’s estimate of PIT growth in 2017-18 is probably too low. As a result, by the May Revision, the state could have more General Fund revenue than the Governor now projects, but much of that revenue would be required to go to schools and Proposition 2 reserves and debt payments.
https://lao.ca.gov/Publications/Detail/3528

Cal Facts: 2016

Dec 5, 2016 - Enrollment is projected to increase in half of the state ’s counties and decrease in the other counties. Riverside and Kern Counties are projected to experience the greatest enrollment increases, with gains over the period of 5  percent (23,000 students) and 10  percent (18,000 students), respectively.
https://lao.ca.gov/Publications/Report/3511/2

Cal Facts: 2016

Dec 5, 2016 - Local transportation funding sources include local sales taxes, transit fares, development impact fees, and property taxes. About one-fifth of the state ’s transportation funding comes from the federal government, supported primarily by federal excise taxes on diesel and gasoline.
https://lao.ca.gov/Publications/Report/3511/6

Cal Facts: 2016

Dec 5, 2016 - While the county jail and community supervision populations have declined somewhat, the share of total offenders under county jurisdiction has increased from 59 percent to 69 percent over the same time period.
https://lao.ca.gov/Publications/Report/3511/4

Cal Facts: 2016

Dec 5, 2016 - The federal loans are estimated to be repaid in 2018, in part due to temporarily increased revenues from federal UI taxes paid by employers. However, absent an ongoing increase in revenues and/or reduction in benefits, the trust fund risks returning to insolvency in a future economic downturn.
https://lao.ca.gov/Publications/Report/3511/7

Cal Facts: 2016

Dec 5, 2016 - Cal Facts: 2016 Limits property tax rates and assessment increases. Establishes vote requirement for certain taxes. 4 (1979) Sets annual state and local spending caps. Requires state to reimburse local governments for some state mandates. 98 (1988) Establishes minimum funding requirement for schools and community colleges. 172 (1993) Imposes half-cent sales
https://lao.ca.gov/Publications/Report/3511/1

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - Under our current projections, assuming no changes in existing state and federal policies, we estimate the state will end the 2017-18 fiscal year with $11.5 billion in total reserves. This includes $8.7 billion in required reserves, which must be deposited into the rainy day fund, and $2.8 billion in discretionary reserves, which the Legislature can appropriate for any purpose.
https://lao.ca.gov/Publications/Report/3507/1

Fiscal Outlook Supplement on Proposition 2

Nov 16, 2016 - Under Proposition 2, the state must deposit money into the BSA until its total reaches a maximum amount of 10 percent of General Fund taxes. In our outlook, this ceiling increases from about $12.3 billion in 2016-17 to a projected $14.7 billion in 2020-21 under the growth scenario.
https://lao.ca.gov/Publications/Report/3508