1997-98 Budget Analysis: The Earned Income Tax Credit

1997-98 Budget Analysis: The Earned Income Tax Credit 1997-98 Budget Analysis: Perspectives and Issues February 1997 The Earned Income Tax Credit What Is the EITC? How Does It Affect the Work Incentives and Tax Burden of Lower-Income Workers?  
https://lao.ca.gov/analysis_1997/part5b_earned_income_tax_credit_pi97.html

^[PDF] Use of revenues from state sales tax on gasoline and the sale and lease of motor vehicles for transportation purposes

Fiscal Effect The measure would transfer certain state sales tax revenues from the General Fund to transportation-related purposes in two phases. Beginning in 2002-03, the measure would redirect the state sales tax revenues from the sale and lease of motor vehicles to transportation.
https://lao.ca.gov/ballot/2001/010466_INT.pdf

^[PDF] Economic and Revenue Developments

As indi- cated in Figure 1, the state is expected to collect nearly $6.3 bill ion this month, including $2.4 billion from payments on final income tax returns for 1996. April is also a critical revenue month because it is a quarterly estimated pay- ment month for personal and corporate income tax filers.
https://lao.ca.gov/reports/1997/update_california_4-1997.pdf

^[PDF] Alternative Energy Manufacturing Sales and Use Tax Exclusion (SB 71) Program

Such a policy change would reduce “tax pyramiding”—an economically distortionary feature of our tax code whereby manufacturers pay sales tax on their equipment and their customers then pay additional sales tax on the fi nal product itself.
https://lao.ca.gov/handouts/Econ/2011/Alternative_energy_Manufacturing_10_19_11.pdf

^[PDF] The 2017-18 Budget: Governor’s Gann Limit Proposal

Initial State Appropriations Limit Calculations for 1978-79 Base Year Step 1: Determined “Proceeds of Taxes” • Revenues from all general state taxes, including: – Personal income tax. – Sales and use tax. – Corporation tax. • Investment income from tax revenues. • User fees in excess of cost. • Prior-year surplus.
https://lao.ca.gov/reports/2017/3596/gann-limit-030217.pdf

^[PDF] An Assessment: Governor's Local Government Proposal

VLF Backfill for Property Tax Swap • Shifts $4.1 billion of K-14 district property taxes to cities and counties as replacement for VLF “backfill” revenues. (As a result, the state would have higher spending on schools—to compensate for the property tax loss—and commensurate lower spending on VLF backfill payments.)
https://lao.ca.gov/2004/local_gov/052404_loc_gov_proposal.pdf

1997-98 Budget Analysis, General Government Departments Major Issues

Tax Collection Programs Expenditures. The Franchise Tax Board (FTB) and the Board of Equalization (BOE) are the largest revenue collection agencies in the state. Together, both boards collect the state's personal and business income taxes, sales tax, and special use taxes.
https://lao.ca.gov/analysis_1997/general_govt_overview_anal97.html

^[PDF] May Revision Overview: Local Government

Local general-purpose tax revenues comprised $12.2 billion, including $10.5 billion from the property tax. Revenues from all sources (including state and federal aid for designated programs) totaled $54 billion.
https://lao.ca.gov/handouts/state_admin/2009/MR_Local_Gov_05_28_09.pdf

^[PDF] Proposition 98: Overview of May Revision Proposals

Increase of $2.7 billion due to baseline improvements.  Tax Proposals. Net decrease of $375 million from Governor’s January General Fund tax proposal.  If Governor’s May General Fund tax package were rejected, minimum guarantee would decrease by $1.7 billion.  Rebenching.
https://lao.ca.gov/handouts/education/2011/Proposition_98_Overview_of_May_Revision_Proposals_052511.pdf

^[PDF] Insufficient ERAF: Examining A Recent Issue in Local Government Finance

In general, basic aid districts (1) receive comparatively high property tax revenue—because of substantial property wealth and/or they receive a higher share of the property tax (for more information on property tax allocation, see our report, Understanding California’s Property Taxes) and (2) serve a community with a comparatively smaller school- aged population.
https://lao.ca.gov/reports/2012/localgov/ERAF/eraf-121812.pdf