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LAO May Outlook: Growth in Assessed Property Values [EconTax Blog]

May 12, 2019 - LAO May Outlook: Growth in Assessed Property Values [EconTax Blog] LAO May Outlook: Growth in Assessed Property Values May 12, 2019 Brian Uhler Property taxes are a primary revenue source for cities, counties, special districts and schools.
https://lao.ca.gov/LAOEconTax/Article/Detail/368

The 2019-20 May Revision: LAO Economic Outlook

May 12, 2019 - The PE ratio (Shiller PE ratio) currently is 30, whereas the average since 1990 is 25. Overpriced or not, stock markets perennially create uncertainty for the economy and the state ’s budget, as stock prices are subject to large, unpredictable swings at any time.
https://lao.ca.gov/Publications/Report/4036

The 2019-20 May Revision: LAO Revenue Outlook

May 12, 2019 - Corporation Tax (CT) CT Collections Surged in the Current Year. With two collection months remaining in the fiscal year, we expect that CT revenues will exceed the administration ’s January estimate by well over 10  percent.
https://lao.ca.gov/Publications/Report/4037

The 2019-20 May Revision: Initial Comments on the Governor’s May Revision

May 12, 2019 - Compared to January, the administration ’s estimates of revenues and transfers (excluding reserve deposits) have increased by $3.2  billion across the three fiscal years of 2017 ‑18 to 2019 ‑20. This upward revision is primarily the net effect of a few factors.
https://lao.ca.gov/Publications/Report/4039

The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products

May 12, 2019 - Public schools Relatively high ‑poverty middle schools and high schools must provide free menstrual products. Human Services Eligibility criteria and grant amounts not adjusted for menstrual expenses.
https://lao.ca.gov/Publications/Report/4040

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - If investors hold on to the investment for multiple years, their tax liability on their deferred capital gains can be reduced. In addition, investors that maintain their investment for at least ten years will not be taxed on any capital gains earned on their Opportunity Zone investment.
https://lao.ca.gov/Publications/Report/4038

The 2019-20 Budget: Analysis of the Governor’s Mental Health Workforce Proposal

May 9, 2019 - As previously noted, earlier this year, OSHPD released a five ‑year plan outlining the state ’s vision and strategies for improving the state ’s mental health workforce. Unlike previous plans, the five ‑year plan did not specifically come with any attached funding.
https://lao.ca.gov/Publications/Report/4031

The 2019-20 Budget: Assessing the Governor’s Primary Care Physician Residency Proposals

May 9, 2019 - Introduction To obtain a license to practice medicine, California law requires all medical school graduates to complete three years of postgraduate training. Most physician ‑trainees fulfill this requirement by completing a residency program.
https://lao.ca.gov/Publications/Report/4034

The 2019-20 Budget: Assessing the Governor’s Primary Care Physician Residency Proposals [Publication Details]

May 9, 2019 - The 2019-20 Budget: Assessing the Governor’s Primary Care Physician Residency Proposals [Publication Details] The 2019-20 Budget: Assessing the Governor’s Primary Care Physician Residency Proposals Format: HTML Description: To obtain a license to practice medicine, California law requires all medical school graduates to complete three years of postgraduate training.
https://lao.ca.gov/Publications/Detail/4034

The 2019-20 Budget: Immigrant Legal Services at the Public Higher Education Segments

May 8, 2019 - The funds are available for encumbrance through the end of 2021 ‑22 and must be spent by the end of 202425. $7  Million General Fund to DSS for CSU Campuses. The budget appropriated these funds directly to DSS.
https://lao.ca.gov/Publications/Report/4029