Home Prices Update: June 2020 [EconTax Blog]

Jul 20, 2020 - The graph below shows appreciation over the past 12 months for the state ’s 15 largest counties. The four central San Francisco Bay Area counties (Alameda, Contra Costa, San Francisco, and San Mateo) have seen little or no home price growth over the past 12 months, although this has not been the case in neighboring and equally expensive Santa Clara.
https://lao.ca.gov/LAOEconTax/Article/Detail/500

^[PDF] Proposition 87 The Clean Alternative Energy Act

Costs to collect the severance tax are excluded from this cap on administrative costs. In addition, there will likely be minor costs to local property tax assessors in oil producing counties to cover increased assessment activity.
https://lao.ca.gov/handouts/resources/2006/Prop_87_09_12_06.pdf

Proposition 11 [Ballot]

Nov 6, 2018 - The Emergency Ambulance Industry Counties Select Main Ambulance Providers. County agencies divide the county into several zones. The ambulance company that is chosen to serve each zone has the exclusive right to respond to all emergency calls in that area.
https://lao.ca.gov/BallotAnalysis/Proposition?number=11&year=2018

Income Tax Withholding Tracker: June 29-July 3 (UPDATED) [EconTax Blog]

Jul 6, 2020 - Income Tax Withholding Tracker: June 29-July 3 (UPDATED) [EconTax Blog] This post is updated to include withholding data from Friday July 3rd.     Bottom Line:   California income tax withholding continues to run about 3 percent below the comparable week in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/490

^[PDF] 1986-87 Budget Analysis: Executive

. • Property Tax Apportionment Audits. The budget proposes a $139,000 General Fund increase and 3.0 positions to audit the appor- tionment and allocation of property tax revenues by counties, as re- quired by Ch 564/84 (SB 418). . • Women~ Infants and Children (WIC) Food Program Audits.
https://lao.ca.gov/analysis/1986/04_exec_86.pdf

LAO Health and Human Services

We also discuss the administration’s recent submittal (late January 2020) of a modified managed care organization (MCO) tax proposal. We then provide analysis and recommendations on a series of key issues: (1) Recently proposed draft federal regulations referred to as the “Medicaid Fiscal Accountability Regulation;” (2) proposals related to the Medi‑Cal pharmacy services benefit;
https://lao.ca.gov/Policy-Areas?areaId=6&category=7&year=0&page=7

^[PDF] The 2016-17 Budget: California Spending Plan

Reflects MCO Tax Funding That Resulted From Special Session. Chapter 2 of the 2015-16 Second Extraordinary Session (SB2X 2, Hernandez), imposes a revised MCO tax on most managed care plans. Revenues from the MCO tax are used, in part, to create General Fund savings in Medi-Cal.
https://lao.ca.gov/reports/2016/3487/spending-plan-2016-17.pdf

^[PDF] California's Fiscal Outlook: LAO Projections 2008-09 Through 2013-14

California’s public K-12 education system consists of more than 1,000 locally governed school districts and county offices of education. These entities operate about 9,500 schools serv- ing about 6 million K-12 students.
https://lao.ca.gov/2008/fiscal_outlook/fiscal_outlook_112008.pdf

^[PDF] The 2007-08 Budget: Perspectives and Issues

The PTA is funded by sales tax on diesel fuel and a portion of the sales tax on gasoline. Some PTA revenues come from “spillover”—the amount that gasoline sales tax revenues at the 4.75 percent rate exceed the amount generated from sales tax on all other goods at the 0.25 percent rate.
https://lao.ca.gov/analysis_2007/2007_pandi/Pandi_07.pdf

Building Permits Update: March 2020 [EconTax Blog]

May 5, 2020 - It is not clear how much March activity was affected by the pandemic: many counties reported average or higher numbers of permits, but the statewide count was well below the recent average for March after being well above average in January and February.
https://lao.ca.gov/LAOEconTax/Article/Detail/461