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[PDF] Reforming California's Tax System

Reforming California's Tax System Presented To: Little Hoover Commission Reforming California’s Tax System L E G I S L A T I V E A N A L Y S T ’ S O F F I C E LAO 60 YEARS OF SERVICE January 22, 2004 LAO 60 YEARS OF SERVICE L E G I S L A T I V E A N A L Y S T ’ S O F F I C E January 22, 2004 1 California’s Tax System Has Worked Well for Many
https://lao.ca.gov/handouts/fo/2004/Reforming_California_Tax_System.pdf

[PDF] Property taxes.

How Is a Property Tax Bill Calculated? Each annual property tax bill is equal to the taxable value of the property multiplied by the property tax rate. The typical property tax rate is 1.1 percent. In the year a new owner takes over a property, its taxable value typically is its purchase price.
https://lao.ca.gov/ballot/2023/230385.pdf

Proposition 1A: Safe, Reliable High-Speed Passenger Train Bond Act.

Local governments may impose or increase taxes (other than the base 1  percent ad valorem property tax) subject to the approval of their local voters. If the local government proposes to use the tax proceeds for general purposes (a "general tax "), the tax requires approval by a majority of local voters.
https://lao.ca.gov/ballot/2009/090845.aspx

2002-03 Budget Analysis: General Government, Department of Insurance (0845)

Insurance companies are required to pay a tax based on gross premiums. The tax generates $1.3 billion annually. The Tax Collection and Audit program within DOI is responsible for a uditing all tax returns filed by insurance companies and brokers, as required by law.
https://lao.ca.gov/analysis_2002/general_govt/gen_7_0845_anl02.htm

1998-99 Perspectives and Issues: Taking Advantage of New Federal Higher Education Tax Credits

State programs would, in effect, "capture " much of the after-tax benefit provided to students and parents by the tax credits. Many students would pay either the same or less, after taxes, than they have in recent years, b ut part-time and higher-income students could pay substantially more.
https://lao.ca.gov/analysis_1998/p_and_i_1998/part_5a_highered_taxcredits_pandi98.html

1998-99 Perspectives and Issues: Perspective on the Vehicle License Fee

These taxes are based on an estimate of the vehicle's value and are collected on an annual basis. Ten states exempt vehicles from the property tax, with no comparable replacement tax. Three states subject vehicles to local property taxes.
https://lao.ca.gov/analysis_1998/p_and_i_1998/part_5c_vlf_pandi98.html

LAO Economy and Taxes

LAO Economy and Taxes Video May 6, 2015 - California’s state and local governments levy a tax on retail sales of tangible goods. This report begins with an overview of California’s sales and use tax.
https://lao.ca.gov/Policy-Areas?areaId=8&category=0&year=0&page=8

Home Rule, School Funding, and State/Local Fiscal Reform Initiative

The Legislature is prevented from removing any existing subventions, altering existing reimbursements of state mandates, or changing sales tax allocations without replacing lost local government funds with increased property tax revenues.
https://lao.ca.gov/ballot/2000/000452_INT.html

LOCAL GOVERNMENT OVERVIEW

By 1991-92, the rate of growth in all these revenue sources had declined markedly, and one--sales tax--had actually shrunk in absolute terms from the prior year level. (This drop in sales tax revenue was due in large part to the repeal of the sales tax on snack foods.)
https://lao.ca.gov/1995/010195_calguide/cglgov1.html

Voting in California. [Ballot]

Oct 13, 2021 - The State Constitution limits how much tax revenues the state can spend each year, with exceptions like spending on infrastructure. Some of the spending under this measure could be considered infrastructure.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-012