Overall, California's January income taxes on target

Feb 4, 2014 - For the months of December 2013  and January 2014  combined, PIT estimated and other non-withholding payments were 28 percent below collections during the same two-month period last year. This is roughly in line with what our office expected in our November forecast, given that our office —like the administration —anticipated a large drop in capital gains-related taxes  for
https://lao.ca.gov/Recommendations/Details/785

Initial Review of CSU's Early Start Program [Publication Details]

Jan 14, 2014 - To this end, we recommend the Legislature consider authorizing a broader series of studies on: (1) the appropriateness of CSU’s placement exams and cut scores, (2) whether CSU is accepting students who fall outside its eligibility pool (the top one-third of high school graduates), (3) the rigor of college preparatory coursework in California high schools and the
https://lao.ca.gov/Publications/Detail/2820

California's December income tax collections were quite strong

Jan 7, 2014 - December is an important PIT collection month, as high-income taxpayers (major recipients of  capital gains and business income) begin to make their final estimated payments for the calendar year, which are due on January 15.
https://lao.ca.gov/Recommendations/Details/775

How Are School Districts Funded Under The Local Control Funding Formula (LCFF)? [Publication Details]

Jan 1, 2014 - How Are School Districts Funded Under The Local Control Funding Formula (LCFF)? [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/3888

Oversight of Private Colleges in California [Publication Details]

Dec 17, 2013 - We make a number of recommendations in the report, including (1) continuing the exemption for most regionally accredited schools but conducting a limited review of business practices for a small number of these schools that are deemed higher risk, (2) reducing the scope of reviews for some nationally accredited schools that currently are subject
https://lao.ca.gov/Publications/Detail/2817

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