April 2019 Corporation Tax Collections Stronger Than Expected [EconTax Blog]

Apr 18, 2019 - We discuss the trends in corporation tax collections through the middle of April.
https://lao.ca.gov/LAOEconTax/Article/Detail/362

An Extraordinary Moment in California's Fiscal History

Apr 11, 2019 - Specifically, we suggest that instead of using money today to repay low-interest budgetary debts (loans to the General Fund from special funds), the Legislature could achieve a higher return on its investment by making larger supplemental contributions toward its unfunded pension liabilities, which accrue at higher interest rates.
https://lao.ca.gov/Publications/Report/4003

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

Apr 11, 2019 - Presented to Senate Budget and Fiscal Review Committee Subcommittee 4 on State Administration and General Government
https://lao.ca.gov/Publications/Detail/4007

The 2019-20 Budget: Reorganization of the Division of Juvenile Justice

Apr 10, 2019 - When assessing the merits of the Governor ’s proposal, the Legislature should consider whether the proposed reorganization of DJJ is necessary to accomplish its stated goal of enabling the state to better provide youth offenders with the services they need to be successful when they are released from state supervision.
https://lao.ca.gov/Publications/Report/3998

March 2019 State Tax Collections [EconTax Blog]

Apr 5, 2019 - We expect a large portion of this shortfall will be made up in April, the most important revenue month for the state.  
https://lao.ca.gov/LAOEconTax/Article/Detail/361

The 2019-20 Budget: Analysis of the Carve Out of Medi-Cal Pharmacy Services From Managed Care

Apr 5, 2019 - Costs to Administer Pharmacy Services Would Shift From Managed Care Plans to the State, With Uncertain Net Fiscal Impact to the State. Most of the costs of administering the pharmacy services benefit would shift from managed care plans to the state, which we believe will require new state resources.
https://lao.ca.gov/Publications/Report/3997

The 2019-20 Budget: Analysis of the Carve Out of Medi-Cal Pharmacy Services From Managed Care [Publication Details]

Apr 5, 2019 - This report analyzes one of the two initiatives included in the Governor's executive order: to transition the pharmacy services benefit in Medi‑Cal, the state’s largest low‑income health care program, from managed care to entirely a fee‑for‑service (FFS) benefit directly paid for and administered by the state.
https://lao.ca.gov/Publications/Detail/3997

A Review of LifeLine Budget Estimates and Enrollment Process

Apr 3, 2019 - This information could help the state target any future actions that are most likely to be effective at increasing enrollment. As an example, the state Employment Development Department (EDD) funded a similar study in 2015 t hat evaluated reasons for households not participating in the state ’s paid family leave program to inform future outreach efforts and programmatic changes.
https://lao.ca.gov/Publications/Report/3995

April 2019: Personal Income Tax Tracker [EconTax Blog]

Apr 2, 2019 - As a result, April is one of the largest collection months for the personal income tax (PIT), the state ’s largest source of revenue. Administration Estimated  the State Would Collect $15.5 Billion in PIT Payments in April .
https://lao.ca.gov/LAOEconTax/Article/Detail/360

Supplemental Pension Payments and Deferrals [Publication Details]

Mar 28, 2019 - Supplemental Pension Payments and Deferrals [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/3993