The LAO's outlook for revenues resulting from the temporary tax measure passed in 2012

Nov 22, 2014 - Specifically, the taxes of Proposition 30 expire under current law as follows: Sales Tax Increase. The one-quarter cent sales tax rate increase that went into effect in January 2013  remains in effect through the end of calendar year 2016.
https://lao.ca.gov/Recommendations/Details/815

Infographic: California's State Budget [Publication Details]

Oct 24, 2014 - Since 1950-51, the personal income tax has replaced the sales and use tax as the predominant source of General Fund revenue. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3149

California "Big Three" tax revenues $465 million above projections for September

Oct 16, 2014 - California 's "Big Three " taxes —the personal income tax (PIT), the sales and use  tax (sales tax, or SUT), and the corporate income tax (also known as the corporation tax, or CT) —currently generate over 96 percent of the annual revenues of the General Fund, the state government 's main operating account.
https://lao.ca.gov/Recommendations/Details/814

No Public Resources Used to Deport California Residents [Ballot]

Oct 14, 2014 - Primarily, the measure would prevent state prisons and county jails from using their resources to detain individuals for immigration purposes pa st the time that they would have otherwise been released.
https://lao.ca.gov/BallotAnalysis/Initiative/2014-010

No Blank Checks Initiative [Ballot]

Aug 4, 2014 - State general obligation bonds are guaranteed by the state government ’s full faith and credit and are generally repaid using the state ’s general tax revenues. Local general obligation bonds are typically funded by increased property taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2014-009

State Review and Approval of New Public Higher Education Campuses and Centers [Publication Details]

Jul 28, 2014 - Presented to Assembly Select Committee on Higher Education In San Diego County
https://lao.ca.gov/Publications/Detail/3048

Multiyear forecast of state finances under Governor's May Revision proposals

May 21, 2014 - Compared with the administration, our office assumes higher amounts of capital gains taxes flow to the General Fund during the forecast period, particularly in the near term. Under ACAX2 1, through 2029-30, annual deposits to the BSA are required (except when suspended or reduced in a declared budget emergency) to equal 0.75 percent of estimated General Fund revenues plus half of
https://lao.ca.gov/Recommendations/Details/813

Proposed pilot unlikely to provide reliable results

May 19, 2014 - Counties administer the property tax. While most local governments that receive property taxes reimburse the county for their proportionate share of administrative costs, scho ols and community colleges do not.
https://lao.ca.gov/Recommendations/Details/810

Governor's proposal for pharmacy benefits in Medi-Cal managed care

May 18, 2014 - However, DHCS collects state rebates for drugs provided through five of the six county-organized health systems (COHS), which are not considered MCOs. Cu rrently, state rebate contracts do not affect COHS formularies or UM policies.
https://lao.ca.gov/Recommendations/Details/809

The 2014-15 Budget: Overview of the May Revision [Publication Details]

May 16, 2014 - In addition, we project over $700 million more in local property taxes for school districts. If the Legislature were to adopt our office's higher revenue forecast and property tax estimates, General Fund spending under Proposition 98 would increase $2.7 billion, relative to the administration's May forecast.
https://lao.ca.gov/Publications/Detail/3017