Preparing for Rising Seas: How the State Can Help Support Local Coastal Adaptation Efforts

Dec 10, 2019 - To the degree local property tax revenues drop, this also could affect the state budget because the California Constitution requires that losses in certain local property tax revenues used to support local schools be backfilled by the state ’s General Fund.
https://lao.ca.gov/Publications/Report/4121

LAO Publications

LAO Publications Video January 11, 2012 - The Governor’s proposed tax initiative is the cornerstone of his 2012-13 budget plan, which includes proposals to restructure education finance, reduce social services and child ca re programs substantially, and implement trigger cuts--primarily affecting schools--if voters do not approve the tax measure.
https://lao.ca.gov/Publications?page=147&year=0&productid=0&categoryid=0

LAO Health and Human Services

Post The 2024-25 Budget: The MCO Tax Package at May Revision Format: HTML May 22, 2024 - This post provides our initial assessment of the Governor’s proposed managed care organization (MCO) tax package in the May Revision.
https://lao.ca.gov/Policy-Areas?areaId=6&category=0&year=0&page=3

LAO State Budget Condition

On the other hand, the Legislature has other options to address the reduced budget shortfall, including adoption of alternative tax proposals, additional program reductions, and selected fund transfers and internal borrowing.
https://lao.ca.gov/Policy-Areas?areaId=1&category=0&year=0&page=18

^[PDF] The Local Taxpayers, Public Safety and Local Services Protection Act of 2012 (Amendment #1NS)

As noted earlier, absent a ballot measure raising additional revenues for schools, current statute requires that the realignment sales tax revenues be included in the calculation of the minimum guarantee.
https://lao.ca.gov/ballot/2011/110712.pdf

^[PDF] The Government Performance and Accountability Act

Beginning in 2013-14, the measure shifts 0.035 percent of the state sales tax rate to the Performance and Accountability Trust Fund and requires the state General Fund to backfill any reduced revenue to the fund if the state sales tax is reduced in the future.
https://lao.ca.gov/ballot/2011/110721.pdf

^[PDF] Overview-of-Proposition-98-Budget-Proposals-030515

(Small additional General Fund savings are expected for the next few years until the disposal of assets is complete.)  Some Ongoing Local Property Tax Revenue Provides General Fund Savings  In 2012-13, the state rebenched the guarantee to account for $700 million in new local property tax revenue shifted to schools, providing comparable General Fund savings. 
https://lao.ca.gov/handouts/education/2015/Overview-of-Proposition-98-Budget-Proposals-030515.pdf

2011 Initiative Analysis:The Government Performance and Accountability Act

Beginning in 2013-14, the measure shifts 0.035 percent of the state sales tax rate to the Performance and Accountability Trust Fund and requires the state General Fund to backfill any reduced revenue to the fund if the state sales tax is reduced in the future.
https://lao.ca.gov/ballot/2011/110721.aspx

2011 Initiative Analysis:The Local Taxpayers, Public Safety and Local Services Protection Act of 2012 (Amendment #1NS)

A budget-related law (Chapter  43, Statutes of 2011) excluded the redirected 1.0625 cent sales tax revenues from the Proposition  98 calculation, reducing the minimum guarantee by roughly $2  billion.
https://lao.ca.gov/ballot/2011/110712.aspx

Informational Hearing on Tax Expenditures [Publication Details]

Feb 27, 2008 - Informational Hearing on Tax Expenditures [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/1784