Updates concerning April 2014 California tax collections.

May 11, 2014 - Based on preliminary monthly  agency cash tallies from the state 's tax agencies--the Franchise Tax Board (FTB), the Employment Development Department (EDD), and the State Board of Equalization--this note provides information on California 's General Fund income and sales tax collections during the key month of April 2014.
https://lao.ca.gov/Recommendations/Details/803

Addressing California's Key Liabilities [Publication Details]

May 7, 2014 - Due to its massive unfunded liability and relatively high growth rate, we recommend that the Legislature make a full funding plan for the California State Teachers' Retirement System a top priority in addressing the state's key liabilities.
https://lao.ca.gov/Publications/Detail/3011

Shortcomings in review process for state employee classifications led to incongruities with law

May 6, 2014 - Shortcomings in review process for state employee classifications led to incongruities with law Shortcomings in review process for state employee classifications led to incongruities with law Program: State Civil Service Classifications Finding or Recommendation: Adopt supplemental report language for 2014-15 directing the Department of Human
https://lao.ca.gov/Recommendations/Details/805

Film and Television Production: Overview of Motion Picture Industry and State Tax Credits [Publication Details]

Apr 30, 2014 - Film and Television Production: Overview of Motion Picture Industry and State Tax Credits [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/3007

Budget Reserve Proposals [Publication Details]

Apr 28, 2014 - Revenue volatility presents a key challenge for state budgeting and the state has a poor track record of setting aside reserves when times are good to help balance the budget during later economic downturns.
https://lao.ca.gov/Publications/Detail/3004

Fewer tax refunds than projected in March. 13-14 revenues still above Governor's forecast.

Apr 16, 2014 - LAO Contacts: Jason Sisney and other analysts in the LAO's State and Local Finance section. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Recommendations/Details/802

April 2014 collections are projected to fall from last year's lofty totals.

Apr 14, 2014 - The General Fund is the key state government operating account that provides most state funding for schools, communi ty colleges, universities, prisons, courts, health and human services programs, debt service, state employee pay, and public employee pensions, among other public programs.
https://lao.ca.gov/Recommendations/Details/804

The 2014-15 Budget: Maintaining Education Facilities in California [Publication Details]

Apr 11, 2014 - Looking beyond 2014-15, we believe the state should have a long-term strategy for properly maintaining education facilities. While a one-size-fits-all response very likely is not appropriate for such a diverse array of education segments, segment-specific plans likely could be very helpful.
https://lao.ca.gov/Publications/Detail/3000

Initiative to increase holder compliance with unclaimed property program

Apr 10, 2014 - Lastly, because the amount swept to the General Fund regularly exceeds the amount of property returned to owners, the state ’s liability for unclaimed property grows each year. In our view, it is problematic for the state ’s liability to grow indefinitely in this manner.
https://lao.ca.gov/Recommendations/Details/798

Information Technology Procurement and Implementation Overview [Publication Details]

Apr 10, 2014 - Presented to Senate Budget and Fiscal Review Subcommittee No. 4 on State Administration and General Government
https://lao.ca.gov/Publications/Detail/2997