The 2019-20 Budget: What Can Be Done to Improve Local Planning for Housing?

Feb 20, 2019 - One approach the Legislature could consider to alleviate this concern is to alter the allocation of local government tax revenues—particularly property or sales taxes—so that these allocations better reflect population growth.
https://lao.ca.gov/Publications/Report/3938

The 2019-20 Budget: Considerations for the Governor's Housing Plan [Publication Details]

Feb 20, 2019 - In this report, we describe the Governor’s proposed $1.75 billion appropriation for various programs aimed at improving the affordability of housing in the state.
https://lao.ca.gov/Publications/Detail/3941

Initiative Constitutional Amendment and Statute: Changes Requirements for Certain Property Owners to Transfer Their Property Tax Base to Replacement Property. [Publication Details]

Jun 11, 2018 - Initiative Constitutional Amendment and Statute: Changes Requirements for Certain Property Owners to Transfer Their Property Tax Base to Replacement Property. [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/3863

The 2018-19 Budget: County Assessor Funding

Feb 15, 2018 - Los Angeles and San Francisco Counties, in contrast, get a larger share of the countywide property tax and their schools receive smaller shares. Property Taxes Also Affect State Budget. Although the state receives no property tax revenue, property tax collection affects the state ’s budget.
https://lao.ca.gov/Publications/Report/3756

Community Development Financial Institution (CDFI) Tax Credit [Publication Details]

Jun 30, 2016 - Community Development Financial Institution (CDFI) 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/3489

Sheriff Court-Security Services Mandate

May 27, 2016 - This included a shift of state tax revenues to the counties to finance this new responsibility. Chapter  22 Created a State-Reimbursable Mandate. The commission determined that the provision of trial court security by county sheriffs in criminal and delinquency proceedings is a legal responsibility required by state law.
https://lao.ca.gov/Publications/Report/3478

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

Property Tax Reductions to Diminish as Housing Market Improves [Publication Details]

May 5, 2014 - In total, temporary property tax reductions lowered local government property tax revenues by an estimated $7 billion in 2013-14, amounting to 15 percent of total property tax revenues statewide. However, real estate markets have recovered significantly over the past two years, and property tax payments for many of these property owners increased by as much as 20 percent in 2013-14.
https://lao.ca.gov/Publications/Detail/3010

A Look at Voter-Approval Requirements for Local Taxes [Publication Details]

Mar 20, 2014 - A Look at Voter-Approval Requirements for Local Taxes [Publication Details] Video Description: For about 100 years, California’s local governments generally could raise taxes without directly securing their residents’ consent.
https://lao.ca.gov/Publications/Detail/2978

Nonprofits and the Property Tax [Publication Details]

Feb 3, 2014 - Nonprofits and the Property Tax [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/2897