2021-22 “Big Three” Revenue Outlook Update: February 2022 [EconTax Blog]

Feb 17, 2022 - We currently project that there is a very good chance that collections from the state ’s “big three ” taxes —personal income, sales, and corporation taxes —will exceed the Governor ’s Budget assumption of $185 billion in 2021-22 by at least several billion dollars.
https://lao.ca.gov/LAOEconTax/Article/Detail/725

^[PDF] Lease-Leaseback Transactions By Public Transit Districts—Sales and Use Tax Exemption

The tax deferral allows the equity partner to pay taxes at a later date using “cheap- er” dollars. Tax losses are typically incurred during the first part of the period covered by the transaction due to the equipment depreciation (as well as loan payments and the amor- tization of financing costs).
https://lao.ca.gov/2003/leaseback/0103_Transit-LeaseBack.pdf

^[PDF] Transportation funding, Amendment #1.

The Legislature noted that over the next ten years the state faces a major shortfall to adequately maintain the existing state highway system, and cities and counties face a major shortfall to adequately maintain the existing network of local streets and roads.
https://lao.ca.gov/ballot/2017/170365.pdf

Perspectives on Helping Low-Income Californians Afford Housing

Feb 9, 2016 - By far the largest of these programs is the federal and state Low Income Housing Tax Credit (LIHTC), which provides tax credits to affordable housing developers to cover a portion of their building costs.
https://lao.ca.gov/Publications/Report/3345

^[PDF] Vehicle License Fee

The VLF is an annual fee levied in-lieu of the local property tax, and based on the depreciated value of the vehicle as set forth in statute. The VLF is collected by the state and allocated to local governments—cities and counties—based on population.
https://lao.ca.gov/ballot/2003/030741.pdf

Federal Spending in California

Jan 18, 2017 - Most of the federal funds from the state support county costs for health and human services programs, like Medi-Cal and CalWORKs. Northern California Counties Receive the Most Funding Per Person. While the state ’s most populous counties —like Los Angeles and San Diego —received more federal funding than rural counties, northern counties received more federal funding per person, as shown in Figure 1.
https://lao.ca.gov/Publications/Report/3531/5

Overview of the 2000-01 May Revision

Plan concentrates funds in urban areas with many other counties (primarily rural counties) receiving minimal amounts for deferred maintenance. Are there needs in these areas that merit consideration?
https://lao.ca.gov/2000/051700_may_revision/051700_may_revision.html

Income Tax Withholding Tracker: June 1-June 25 [EconTax Blog]

Jun 25, 2021 - Income Tax Withholding Tracker: June 1-June 25 [EconTax Blog] Income Tax Withholding Tracker: June 1-June 25 June 25, 2021 Brian Uhler Bottom Line: California income tax withholding collections in June to date are 24.8 percent above June 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/670

Background on the California Earned Income Tax Credit [Publication Details]

Apr 11, 2019 - Background on the California Earned Income Tax Credit [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4007

^[PDF] Understanding Proposition 218

(b) ''Local government” means any county, city, city and county, including a charter city or county, any special district, or any other local or regional governmental entity. (c) ''Special district” means an agency of the state, formed pursuant to general law or a special act, for the local performance of governmental or proprietary 43 Appendix
https://lao.ca.gov/1996/120196_prop_218/understanding_prop218_1296.pdf