Private legal actions that enforce state labor laws. (Version 1) [Ballot]

Nov 28, 2017 - The settlement award typically includes a small penalty portion that is divided between the employees (25  percent) and the state (75  percent). Proposal This measure repeals the Private Attorneys General Act.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-035

Fiscal Outlook: Focus on Revenues [EconTax Blog]

Nov 15, 2017 - We assume 10% year-over-year declines in both PIT and CT revenues in 2019-20 and 2020-21. This is accompanied by small losses of SUT revenue in each of those two fiscal years. General Fund revenue bottoms out in 2020-21 at $117 billion.
https://lao.ca.gov/LAOEconTax/Article/Detail/257

Fiscal Outlook: Property Taxes Exceed Budget Expectations [EconTax Blog]

Nov 15, 2017 - Growth in assessed property values in 2017-18 falls in line with the pattern of growth in recent years. Since recovering from the recession, assessed values have had four straight years of growth in the neighborhood of 6% per year.
https://lao.ca.gov/LAOEconTax/Article/Detail/258

Fiscal Outlook: Medi-Cal [Publication Details]

Nov 15, 2017 - See a complete list of this year's fiscal outlook material on our fiscal outlook budget page . Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3715

State Fiscal Effects of California’s Minimum Wage [Publication Details]

Nov 15, 2017 - This post discusses the fiscal effects of California's minimum wage on the General Fund. This is part of a collection of material for The 2018-19 Budget: California’s Fiscal Outlook. See a complete list of this year's fiscal outlook material on our fiscal outlook budget page.
https://lao.ca.gov/Publications/Detail/3714

Debt Service on Infrastructure Bonds

Nov 15, 2017 - We estimate that the DSR will remain somewhat below 5  percent over the next several years. This is because we project that General Fund revenues will increase at roughly the same pace as debt-service costs over the projection period.
https://lao.ca.gov/Publications/Report/3713

The 2018-19 Budget: California's Fiscal Outlook

Nov 15, 2017 - If Congress fails to do so, the state would likely exhaust its remaining federal funds by the end of the calendar year and potentially be required to continue to cover CHIP ‑eligible children with a lower federal share of costs.
https://lao.ca.gov/Publications/Report/3718

Fiscal Outlook: Developmental Services

Nov 15, 2017 - By the end of the outlook period, we project annual General Fund costs in the RC budget in the range of $25  million to $50  million to serve the 230 residents who will move after 2017-18. Development and Operation of Safety Net Resources.
https://lao.ca.gov/Publications/Report/3717

Fiscal Outlook: In-Home Supportive Services (IHSS)

Nov 15, 2017 - For all following years, the MOE adjustment factor will depend on the growth in realignment revenues. For example, in years that realignment growth revenues increase by more than 2  percent, the IHSS county MOE will increase by 7  percent.
https://lao.ca.gov/Publications/Report/3712

The 2018-19 Budget: Proposition 98 Outlook

Nov 15, 2017 - The 2018-19 Budget: Proposition 98 Outlook Proposition 98 Outlook Executive Summary Substantial Funding Available for Schools and Community Colleges in Coming Budget Cycle. Each year, the state calculates a “minimum guarantee ” for school and community college funding based upon a set of formulas established by Proposition   98 (1988).
https://lao.ca.gov/Publications/Report/3716