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

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

Building Permits Update: January 2019 [EconTax Blog]

Mar 5, 2019 - Singe family permits were down 8 percent in January 2019 compared to a year ago. This follows a 30 percent year-over-year decline in December 2018. Several southern California counties —Los Angeles, Orange and Riverside —had a particularly strong month  for multifamily permitting.
https://lao.ca.gov/LAOEconTax/Article/Detail/350

The 2019-20 Budget: California Department of Food and Agriculture

Mar 5, 2019 - Require CDFA to Report at Budget Hearings on Current ‑Year Expenditures. We recommend the Legislature require CDFA to report at budget hearings on projected spending in the current year on ACP and HLB suppression and eradication activities.
https://lao.ca.gov/Publications/Report/3958

The 2019-20 Budget: Early Education Analysis

Mar 4, 2019 - The Governor proposes to eliminate the requirement that families must be working or in school for their children to be eligible for full ‑day State Preschool. Under the Governor ’s proposal, all three ‑ and four ‑year olds who meet the income requirements would be eligible for the full ‑day program.
https://lao.ca.gov/Publications/Report/3956

The 2019-20 Budget: The Governor’s Proposed Supplemental Pension Payment to CalPERS

Mar 4, 2019 - The state ’s contributions have been rising (due to actuarial assumption changes and lower-than-assumed investment returns) and are expected to continue to rise over the next several years. Specifically, the state ’s CalPERS pension contributions are expected to increase by more than 25  percent between now and 2023 ‑24.
https://lao.ca.gov/Publications/Report/3957

A Review of the State's Active Transportation Program

Mar 1, 2019 - Under existing state law, the program must provide a minimum of 25  p ercent of funds to projects that benefit disadvantaged communities. Benefit Many Types of Active Transportation Users. This goal ensures the program focuses on various potential active transportation modes, such as walking, biking, and the use of scooters.
https://lao.ca.gov/Publications/Report/3955

A Review of the State's Active Transportation Program [Publication Details]

Mar 1, 2019 - The state’s Active Transportation Program (ATP)—administered by the California Transportation Commission (CTC), in coordination with the California Department of Transportation (Caltrans)—provides funding to infrastructure and non-infrastructure projects that facilitate travelers being physically active through biking and walking.
https://lao.ca.gov/Publications/Detail/3955

The 2019-20 Budget: Governor's Proposals for Infants and Toddlers With Special Needs

Feb 28, 2019 - Citing concerns about the number of children eligible for Early Start services failing to receive these services within federally ‑mandated time lines, the Governor proposes adding four full ‑time positions at DDS (at a cost of $446,000 General Fund) to increase monitoring of regional center Early Start programs from once every three years to once every two years.
https://lao.ca.gov/Publications/Report/3954

The 2019-20 Budget: Transportation Proposals [Publication Details]

Feb 26, 2019 - The Governor's budget provides a total of $23.5 billion from various fund sources for all transportation departments and programs in 2019-20. This is a net increase of $1.4 billion, or 6 percent, over estimated current-year expenditures.
https://lao.ca.gov/Publications/Detail/3948