Cal Update May 98--Revenues Up Sharply

Revenues Exceed Expectations General Fund revenues from the state's major taxes exceeded the January budget forecast by $1.3 billion in April, primarily reflecting much stronger-than-expected final personal income tax payments.
https://lao.ca.gov/1998/cal_update/may_98_calupdate.html

October Update

However, given the normal volatility in these payments, the softness could also be due to normal quarterly fluctuations in estimated taxes. Other key revenue sources including income tax withholding, sales taxes, and corporation tax prepayments were generally on target during the first quarter of 1998-99.
https://lao.ca.gov/1998/cal_update/oct_98_calupdate.html

What Will It Mean for California? The Tobacco Settlement

This program will fund early childhood development programs from revenues generated by increases in the state excise tax on cigarettes and other tobacco products. The measure increases the excise tax on cigarettes by 50 cents per p ack beginning January 1, 1999, bringing the total state excise tax to 87 cents per pack.
https://lao.ca.gov/1999/011499_tobacco_settlement.html

A Special Session Guide to K-12 Reform

Another constitutional issue is the restriction on property taxes established by Proposition 13. The initiative resulted in separating financial responsibility (held by the state) and program responsibility (held by school districts).
https://lao.ca.gov/1999/0199_k-12_reform4.html

CalWORKs Community Service--What Does It Mean for California?

The Vermont program recognizes that recipients in wage-based community service must pay FICA taxes of 7.65 percent and fac e other work expenses such as transportation. As noted previously, Vermont set its disregard at $90 for all families for the purpose of covering these costs.
https://lao.ca.gov/1999/020499_calworks.html

^[PDF] An LAO CalWORKs Community Service What Does It Mean for California?

(January 14, 1999) An Overview of the 1999-00 Governor’s Budget (January 15, 1999) California Update: State Reached Settlement on Contracting Out for Seismic Retrofit (January 21, 1999) State Corporate Taxation of Sales to the Federal Government (January 21, 1999) Shifting Gears: Rethinking Property Tax Shift Relief (February 2, 1999) Forthcoming Publications Analysis of the 1999-00 Budget Bill (February 16, 1999) The 1999-00 Budget: Perspectives and Issues (February 16, 1999)
https://lao.ca.gov/1999/020499_calworks.pdf

^[PDF] A K-12 Master Plan

In addition, local income taxes present several policy and administrative problems. Consequently, as we discussed in Chapter 5, that option represents a poor choice from a tax policy standpoint. The Constitution also controls the local mechanism for instituting any new tax.
https://lao.ca.gov/1999/0599_k-12_master_plan.pdf

Higher Education "Compacts": An Assessment

The Legislature would have had to find this funding either by redirecting it from other programs or by increasing taxes. Capital Outlay Budget Implications Our analysis of Compact II's capital outlay funding model raises serious concerns about its ability to target resources to the state's most pressing needs.
https://lao.ca.gov/1999/082699_compacts/082699_hied_compacts.html

The Role of Water Transfers in Meeting California's Water Needs

In exchange, water right holders donating part or all of a right receive a tax credit. A nonprofit organization the Oregon Water Trust has been formed to acqu ire rights for in-stream uses. According to the Oregon Water Trust, the Oregon program has worked well to increase environmental protection, mainly because it is based on the coope ration of willing private landowners and water districts.
https://lao.ca.gov/1999/090899_water_transfers/090899_water_transfers.html

California's Fiscal Outlook 1999-00 to 2001-02 Part III

This is because under California's progressive tax rate structure (where m arginal tax rates increase from 1 percent to 9.3 percent), the earnings reported by high-income taxpayers are subject to tax rates which are several times higher than the tax rates applying to lower- and middle-income taxpayers.
https://lao.ca.gov/1999/1199_fiscal_outlook/1199_fiscal_outlook_part_3.html