The 2014-15 Budget: California's Fiscal Outlook [Publication Details]

Nov 20, 2013 - The 2014-15 Budget: California's Fiscal Outlook [Publication Details] Press Conf Description: The 19th annual edition of the LAO's Fiscal Outlook--a forecast of California's state General Fund revenues and expenditures over the next six years--reflects continued improvement in the state's finances.
https://lao.ca.gov/Publications/Detail/2814

The 2013-14 Budget: California Spending Plan [Publication Details]

Nov 4, 2013 - Major features of the 2013-14 budget plan include $2.1 billion for a new formula to distribute funding amongst schools, a state-based plan to expand Medi-Cal to cover more than one million additional low-income adults, and selected program augmentations.
https://lao.ca.gov/Publications/Detail/2798

Update on strong California capital gains tax collections in September

Sep 30, 2013 - In addition, withholding and other PIT totals in some months of 2012-13 were affected by taxpayers ’ one-time acceleration of income sources to calendar year 2012 in order to avoid higher federal taxes that took effect in 2013.)
https://lao.ca.gov/Recommendations/Details/774

Budget Outlook for California School Districts [Publication Details]

Aug 14, 2013 - Budget Outlook for California School Districts [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/2803

Why Have Sales Taxes Grown Slower Than the Economy? [Publication Details]

Aug 5, 2013 - Historically, consumers have spent about the same share of their income each year on taxable items, meaning that sales taxes generally kept pace with growth in the state's economy. Starting in 1980, however, California consumers began to spend a growing share of their income each year on nontaxable items, especially services, and a declining share of their income on taxable goods.
https://lao.ca.gov/Publications/Detail/2800

An Overview of the Local Control Funding Formula [Publication Details]

Jul 29, 2013 - While the transition to the LCFF begins in 2013-14, it will take several years before all provisions are fully implemented and districts and charter schools are fully funded to formula targets. Moreover, a number of key decisions have yet to be made regarding the implementation of the new fiscal and academic accountability provisions.
https://lao.ca.gov/Publications/Detail/2797

2012-13 revenues on track to end above both Governor and LAO projections (Updated July 1)

Jul 1, 2013 - Moreover, we caution  that final determinations of 2012-13 revenues —which affect calculations of the General Fund reserve and the Proposition 98 minimum funding guarantee for schools —will not be made until many months from now under the state ’s complex, opaque, and difficult-to-predict revenue accrual policies.
https://lao.ca.gov/Recommendations/Details/773

Countywide Charter School Petitions [Publication Details]

Jun 4, 2013 - Countywide Charter School Petitions [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/2791

May income tax collections, to date, are above Governor's projections

May 30, 2013 - Over the last nine years, the re have been no years in which the year-over-year growth rate of estimated payments declined so much between April and June. (In 2011 —the closest example during this time period —June estimated payments were up 20.4 percent on a year-over-year basis, compared to a
https://lao.ca.gov/Recommendations/Details/771

Drug interdiction program

May 29, 2013 - Further Detail We recommend reducing the administration ’s drug interdiction proposal from $6.6 million General Fund in 2013-14 ($18.5 million annually upon full implementation) to $3 million annually on a three-year limited-term basis.
https://lao.ca.gov/Recommendations/Details/765