LAO Analysis of the 1997-98 Budget BillK-12 Education, Budget Issues

(Our numbers include the impact of the tax cut in order to highlight the forecasting-related differences.) Figure 11
https://lao.ca.gov/analysis_1997/k12_ed_depts1-a_anal97.html

^[PDF] LAO 1997 Budget Analysis: The Governor's Corporate Tax Reduction Proposal Chapter

Comparison of Elements Of the Corporate Tax Structure Corporate Tax Rates California’s Tax Rates Have Generally Declined in Recent Years. Figure 2 provides a history of California’s bank and corporation tax rates The Governor’s Corporate Tax Reduction Proposal 187 Figure 2 History of California Bank and
https://lao.ca.gov/analysis_1997/part5c_corporate_tax_proposal_pi97.pdf

1997-98 Budget Analysis: Property Taxes--Why Some Local Governments Get More Than Others

For example, if a county government received 10 per cent of the property taxes collected by all local jurisdictions in that county prior to the passage of Proposition 13, the county government would receive 10 percent of the propert y taxes collected at the 1 percent rate.
https://lao.ca.gov/analysis_1997/part6c_prop_taxes_pi97.html

1997-98 Budget Analysis: The "COPS" Program

Cities and counties spend over $7 billion on law enforcement, prosecution, and jails. As local budgets h ave been strained by the recession and property tax shifts, however, concern has been voiced as to whether local governments are able to fund local public safety adequately.
https://lao.ca.gov/analysis_1997/part6d_cops_pi97.html

1996 Economic Performance in Retrospect

Any such changes could also affect state personal income taxes (through their impact on the annual indexing adjustment), and local property taxes (through their effects on assessed valuation growth under Proposition  13).
https://lao.ca.gov/analysis_1997/part_2_econ_demographics_pi97.html

^[PDF] LAO 1997 Budget Analysis: III Perspectives on State Revenues Chapter

Applicable tax rates and tax credits are then applied to arrive at a final state tax liability. California generally conforms, either in whole or part, to federal tax law regarding many of its tax exemptions, exclusions, deductions, and credits.
https://lao.ca.gov/analysis_1997/part_3_revenues_pi97.pdf

1997-98 Budget Analysis, Perspectives and Issues Part VIa, Expenditures

Property Tax Shifts--An Important Factor . Property tax shifts enacted in 1992-93 and 1993-94 contributed significantly to this decline in education's share of total spending. These shifts replaced a portion of the state's education funding with an equivalent amount of local property tax revenues that were shifted from local governments to schools and community colleges.
https://lao.ca.gov/analysis_1997/part_4a_expenditures_pi97.html

LAO Analysis of the 1997-98 Budget Bill Resources Departmental Issues, Part II

While it proposes to assist in the Kern County efforts, the board does not propose to provide funding to assist in implementation of other habita t conservation plans currently being implemented in the state.
https://lao.ca.gov/analysis_1997/resources_depts2_anal97.html

LAO Analysis of the 1997-98 Budget Bill Resources Departmental Issues, Part III

Currently, this includes major cleanup costs at the Strin gfellow Federal Superfund Site in Riverside County (although the finding of state liability is being appealed) and the Casmalia Hazardous Waste Management Facility in Santa Barbara County.
https://lao.ca.gov/analysis_1997/resources_depts3_anal97.html

Press Release--Highlights of the 1998-99 Analysis and P&I;

While the overall picture is bright, we note that budgetary pressures will emerge in the following year, due to continued phase in of tax reductions, and an i ncrease in certain state costs. (P&I, page 15.)
https://lao.ca.gov/analysis_1998/021898_highlights_of_98-99_analysis_and_pandi.html