Income Tax Withholding Tracker: June 15-June 19 [EconTax Blog]

Jun 19, 2020 - Income Tax Withholding Tracker: June 15-June 19 [EconTax Blog] Income Tax Withholding Tracker: June 15-June 19 June 19, 2020 Brian Uhler Bottom Line:   California income tax withholding appears to have stabilized, with aggregate collections over the past five weeks almost exactly matching the comparable weeks in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/483

^[PDF] California Workers’ Livable Wage Initiative, Amendment No. 1-NS

Counties would face additional costs of about $90 million in 2002-03 and $225 million in 2003-04. • Medi-Cal Nursing Facility Rates. The state would incur added annual costs in the low tens of millions of dollars to reimburse nursing facilities under the Medi-Cal program. • Child Care Programs.
https://lao.ca.gov/ballot/2002/020028_INT.pdf

^[PDF] The 2013-14 Budget: Analysis of the Health and Human Services Budget

A proposed extension of a tax imposed on managed care organizations (MCOs) used to offset General Fund costs would have provided an equivalent amount of money for the support of HFP in 2012-13, but it was not enacted into law.
https://lao.ca.gov/analysis/2013/ss/hhs/health-human-services-022713.pdf

Child Care and Preschool Funding Rates by Rate System, Setting, and Age [EdBudget]

Sep 18, 2019 - Child Care and Preschool Funding Rates by Rate System, Setting, and Age [EdBudget]     All rates reflect full-time, full-year care, with the exception of Transitional Kindergarten and State Preschool—part day, which operate part day for 180 and 175 days per year, respectively. a Rates are weighted by the number of subsidized children receiving child care in each setting and county.
https://lao.ca.gov/Education/EdBudget/Details/293

Federal Paid Leave for Workers Impacted by COVID-19

Mar 27, 2020 - Recent guidance from federal tax agencies and the Department of Labor seeks to minimize this concern. Typically, businesses are required to withhold (from employee paychecks) federal income taxes and the employee’s share of Social Security and Medicare payroll taxes, and submit those payroll taxes at the end of each quarter.
https://lao.ca.gov/Publications/Report/4212

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - At the same time, federal tax law typically influences people ’s choices more than state tax law because federal tax rates are higher. This means that at least some of the investment receiving California tax benefits would happen anyway in response to the federal tax benefit.
https://lao.ca.gov/Publications/Report/4038

K-12 Funding by Source [EdBudget]

Mar 4, 2021 - The 2021-22 amount excludes approximately $1.3 billion related to programs affected by this shift. d Includes revenue from property taxes collected in excess of the Local Control Funding Formula allotments, parcel taxes, fees, and local reimbursements. e The 2020-21 amount consists of $4.4 billion from the Coronavirus Relief Fund, $1.6 billion from the Elementary
https://lao.ca.gov/Education/EdBudget/Details/485

Los Angeles' Bid for the 2024 Olympics and Paralympics

Nov 10, 2016 - To offset Games –related operating costs, the city approved a 6  percent Olympic ticket tax (generating $8.7  million) and a 0.5  percent hotel tax surcharge (generating $9  million), which went into effect in 1978.
https://lao.ca.gov/Publications/Report/3506

^[PDF] Impose new standards for confining certain farm animals.

To the extent that these higher production costs cause some farmers to exit the business or otherwise reduce overall production and profitability, there could be reduced state and local tax revenues.
https://lao.ca.gov/ballot/2017/170562.pdf

May 1997 Cal Update

In addition, there were moderate gains in sales and use taxes and in corporate income taxes. Combined with the cumulative gain in revenues of $305  million relative to the budget estimate that was experienced through March, the April gain for the major taxes brought cumulative 1996-97 revenues to about $825  million above the January budget estimate.
https://lao.ca.gov/1997/cal_update/may_97_calupdate.html