The 2019-20 Budget: Increasing Compliance With Unclaimed Property Law

Mar 15, 2019 - One way to limit the resources required would be to roll out the amnesty period at different times for different industries (say, one year for the service industry, a second year for the financial industry, and so on).
https://lao.ca.gov/Publications/Report/3978

State Fiscal Health Index: January 2019 [EconTax Blog]

Mar 14, 2019 - The index ranges from 0 (representing the lowest level in the last 25 years) to 100 (representing the highest level in the last 25 years). Both the level of the index and changes in the index from month to month offer information about the state ’s fiscal health.
https://lao.ca.gov/LAOEconTax/Article/Detail/352

The 2019-20 Budget: Aligning the State’s IT Project Approval Process With the Annual Budget Process

Mar 14, 2019 - The Legislature ’s annual budget process largely occurs in the first half of the calendar year, between January and June. Budget deliberations start after January  10 th , when the Governor ’s proposed budget is released, and continue through late May and early June (after the release of the Governor ’s May Revision).
https://lao.ca.gov/Publications/Report/3976

The 2019-20 Budget: Office of Emergency Services

Mar 13, 2019 - The federal government typically requires a 25  p ercent nonfederal cost share. State Expected to Receive Over $1   Billion in HMGP Funds for 2017 and 2018 Disasters. Due to the scale of the disasters —especially wildfires —experienced in 2017 and 2018, the state received a number of Presidential Major Disaster Declarations and is anticipated to receive several billions of dollars in federal assistance for disaster response and recovery activities.
https://lao.ca.gov/Publications/Report/3961

Overview of Charter Schools in California [Publication Details]

Mar 12, 2019 - Overview of Charter Schools in California [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/3975

Overview of the Academic Accountability System for School Districts [Publication Details]

Mar 12, 2019 - Overview of the Academic Accountability System for School Districts [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/3973

February 2019 State Tax Collections [EconTax Blog]

Mar 11, 2019 - Year-to-Date Shortfall Due to January Weakness. As we noted last month , PIT estimated payments in January fell below the projected amounts. This shortfall is what drives the year-to-date shortfall for the state’s major taxes.
https://lao.ca.gov/LAOEconTax/Article/Detail/351

The 2019-20 Budget: Assessing the Governor's 1991 Realignment Proposals

Mar 8, 2019 - In some years, the revenues the state provides may exceed counties ’ costs. In other years, the revenues provided by the state may not be sufficient to cover counties ’ costs. Over time, however, the revenue provided is intended to generally cover counties ’ costs for their required realigned program responsibilities.
https://lao.ca.gov/Publications/Report/3962

The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

Mar 6, 2019 - Many community ‑based organizations and other state and local government agencies (such as school districts and county social services offices) engage in efforts to raise awareness about the state and federal EITC.
https://lao.ca.gov/Publications/Report/3960

The 2019-20 Budget: Tax Conformity

Mar 6, 2019 - The 2017 c hanges to federal tax laws extend this accounting flexibility to most businesses with gross receipts of less than $ 25  m illion. Previously there were various lower gross revenue thresholds ranging from $ 5  m illion to $ 10  m illion.
https://lao.ca.gov/Publications/Report/3959