Why Aren't Revenue Esitmates More Accurate? [Publication Details]

Nov 1, 1984 - The Legislature relies heavily on these estimates in deciding at what levels to fund state programs, how much money should be "put aside" in reserves, and whether taxes should be raised or lowered. Consequently, the more accurate revenue estimates are, the more successful the Legislature can be in accomplishing its fiscal objectives--that is, selecting a combination of
https://lao.ca.gov/Publications/Detail/3099

Why Aren't Revenue Estimates More Accurate? [Publication Details]

Nov 1, 1984 - The Legislature relies heavily on these estimates in deciding at what levels to fund state programs, how much money should be 11 put aside in reserves, and whether taxes should be raised or lowered. Consequently, the more accurate revenue estimates are, the more successful the Legislature can be in accomplishing its fiscal objectives--that is, selecting a combination of
https://lao.ca.gov/Publications/Detail/3146

Proposed Reserves in the Governor’s May Revision

May 17, 2016 - Since the Governor released his budget proposal in January, the administration has revised its estimate of personal income taxes resulting from capital gains income in 2015 through 2017. This results in lower BSA deposit estimates for 2015-16 and 2016-17.
https://lao.ca.gov/Publications/Report/3463

LAO Recommended Legislation [Publication Details]

Dec 1, 2008 - Recommendations in this report include, among many others: (a) Simplify and Consolidate K-12 General Purpose Funding, (b) Promote the Adoption of Health Information Technology in California, (c) Fund Inmate Education Programs Based on Actual Attendance, and (d) Increase and Index the State Gas Tax.
https://lao.ca.gov/Publications/Detail/1897

The 2012-13 Budget: Overview of the May Revision [Publication Details]

May 18, 2012 - While we find that the administration's economic and revenue forecasts are reasonable, we are concerned that the amount of property tax revenues from former redevelopment agencies (RDAs) may be substantially less than the May Revision assumes in 2011-12 and 2012-13.
https://lao.ca.gov/Publications/Detail/2635

The 2011-12 Budget: Overview of the May Revision [Publication Details]

May 19, 2011 - On the other hand, the Legislature has other options to address the reduced budget shortfall, including adoption of alternative tax proposals, additional program reductions, and selected fund transfers and internal borrowing.
https://lao.ca.gov/Publications/Detail/2482

The 2011-12 Budget: Overview of the Governor’s Budget [Publication Details]

Jan 12, 2011 - There is significant work ahead to fill in the details of some of the Governor's ambitious, complex proposals, particularly given his proposed accelerated timeline for budget deliberations and a June special election concerning extensions of tax increases.
https://lao.ca.gov/Publications/Detail/2384

The 2017-18 Budget: California Highway Patrol

Feb 9, 2017 - The 2017-18 Budget: California Highway Patrol The 2017-18 Budget California Highway Patrol The primary mission of the California Highway Patrol (CHP) is to ensure safety and enforce traffic laws on state highways and county roads in unincorporated areas.
https://lao.ca.gov/Publications/Report/3551

Overview of the Governor’s December 2010 Special Session Proposals [Publication Details]

Dec 7, 2010 - Under the proposal, the fuel tax revenues that would have helped the General Fund prior to Proposition 22 would now be available for transportation programs. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/2376

The 2014-15 Budget: Overview of the May Revision - The 2014-15 Budget: Overview of the May Revision - Press Conference [Video]

In addition, we project over $700 million more in local property taxes for school districts. If the Legislature wer e to adopt our office 's higher revenue forecast and property tax estimates, General Fund spending under Proposition 98 would increase $2.7 billion, relative to the administration 's May forecast.
https://lao.ca.gov/Videos/Player?playlistId=56