SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads

Jan 24, 2020 - Cities and counties receive equal splits of the shared revenues. City distributions are based on population, whereas county distributions are determined by the number of registered vehicles and miles of maintained county roads.
https://lao.ca.gov/Publications/Report/4142

The 2019-20 Budget: California Spending Plan—Housing and Homelessness

Oct 17, 2019 - This increase in the low-income housing tax credit has no budgetary costs in 2019-20 because the credits will be claimed on future tax returns. New Process for Housing Element Compliance.   The budget package creates a new judicial process by which cities and counties can be fined for failing to comply with housing element law.
https://lao.ca.gov/Publications/Report/4102

The 2019-20 May Revision: Opportunity Zones [Publication Details]

May 11, 2019 - The Governor proposes to allow state tax benefits for investments in alternative energy or affordable housing in communities designated as Opportunity Zones under a new federal program.
https://lao.ca.gov/Publications/Detail/4038

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - At the same time, federal tax law typically influences people ’s choices more than state tax law because federal tax rates are higher. This means that at least some of the investment receiving California tax benefits would happen anyway in response to the federal tax benefit.
https://lao.ca.gov/Publications/Report/4038

Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Earned Income Tax Credit. A state and federal income tax credit for low ‑income working families and individuals, which reduces the tax amount owed by the tax ‑filer and, in some cases, may provide eligible filers with a refundable income amount.
https://lao.ca.gov/Publications/Report/3985

The 2019-20 Budget: Considerations for Governor's Proposals to Address Homelessness

Feb 21, 2019 - Specifically, ( 1)  h ow will the program measure success given the data collection challenges the administration has faced in the pilot, ( 2)  w hich counties will be eligible for additional HDAP funding, ( 3)  w hether the funds will be made available through a competitive process or set allocations, and ( 4)  w hether counties would be required to match state funding.
https://lao.ca.gov/Publications/Report/3942

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

Feb 20, 2019 - Format: HTML Description: As part of the 2019‑20 Governor’s Budget, the administration proposes changing state oversight of local housing decisions and proposes offering rewards to cities and counties to encourage them to plan for and approve housing.
https://lao.ca.gov/Publications/Detail/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

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

Feb 20, 2019 - One option could be to allocate some or all of future growth in local property and/or sales taxes within each county to jurisdictions based on their population growth. While such changes could be worthwhile, we caution that they would face several hurdles.
https://lao.ca.gov/Publications/Report/3938

The 2019-20 Budget: Considerations for the Governor's Housing Plan

Feb 20, 2019 - Specifically, $ 250  m illion would be available to cities and counties to support various activities, like conducting planning and making zoning changes, to help them meet new short ‑term housing production goals.
https://lao.ca.gov/Publications/Report/3941