November 2016 State Tax Collections [EconTax Blog]

Dec 2, 2016 - November 2016 State Tax Collections [EconTax Blog] Seth Kerstein We now have preliminary information from the state 's tax agencies on November 2016 state tax collections--specifically, the state 's "Big Three " General Fund taxes: the personal income tax (PIT), the corporation tax (CT), and the sales and use tax (SUT).
https://lao.ca.gov/LAOEconTax/Article/Detail/219

October 2016 State Jobs Report [EconTax Blog]

Dec 1, 2016 - October 2016 State Jobs Report [EconTax Blog] October 2016 State Jobs Report December 1, 2016 Jason Sisney California 's Employment Development Department released statewide jobs data for October 2016 on November 18.
https://lao.ca.gov/LAOEconTax/Article/Detail/203

Hydraulic Fracturing: How It Works and Recent State Oversight Actions

Dec 1, 2016 - Hydraulic Fracturing: How It Works and Recent State Oversight Actions December 1, 2016 Hydraulic Fracturing: How It Works and Recent State Oversight Actions Over the past decade, the practice of stimulating oil and natural gas production through the use of hydraulic fracturing, or “fracking, ” has come under increasing scrutiny, particularly over concerns about
https://lao.ca.gov/Publications/Report/3513

Hydraulic Fracturing: How It Works and Recent State Oversight Actions [Publication Details]

Dec 1, 2016 - Hydraulic Fracturing: How It Works and Recent State Oversight Actions [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/3513

A Long-Term Outlook: Disability Among California’s Seniors

Nov 28, 2016 - Paying for LTSS Payers of LTSS include the state and federal governments, private insurers, and individuals who pay out –of –pocket for their own LTSS. Within the state and federal governments, Medi –Cal and Medicare are the two main payers of LTSS.
https://lao.ca.gov/Publications/Report/3509

Fiscal Outlook: Examining Property Tax Growth Rates [EconTax Blog]

Nov 16, 2016 - As the figure below shows, despite the recovery of the state ’s housing market in recent years, home sales (which comprise a large portion of all property turnover) still remain below the historic norm.
https://lao.ca.gov/LAOEconTax/Article/Detail/215

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - Under our current projections, assuming no changes in existing state and federal policies, we estimate the state will end the 2017-18 fiscal year with $11.5 billion in total reserves. This includes $8.7 billion in required reserves, which must be deposited into the rainy day fund, and $2.8 billion in discretionary reserves, which the Legislature can appropriate for any purpose.
https://lao.ca.gov/Publications/Report/3507/1

Fiscal Outlook Supplement on Proposition 2

Nov 16, 2016 - In this process, the state reevaluates each year ’s BSA deposit twice: once in each of the two subsequent budgets. The state revises the BSA deposit up (down) if excess capital gains are higher (lower) than the state ’s prior estimates.
https://lao.ca.gov/Publications/Report/3508

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - For UC, however, we back out one –time Proposition  2 payments for outstanding pension liabilities. For CSU, we exclude cost increases for retiree health and most pension contributions, as we forecast these as part of overall state employee costs.
https://lao.ca.gov/Publications/Report/3507

The 2017-18 Budget: California's Fiscal Outlook [Publication Details]

Nov 16, 2016 - State or federal policy changes could have a significant impact on the state's bottom line. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3507