The 2022-23 Budget: Fuel Tax Rates

Feb 11, 2022 - The California Department of Transportation (Caltrans) plans such projects well in advance, so changes in 2022 ‑23 revenue likely would affect funding for projects around 2024 ‑25. Due to the State Highway Account ’s estimated beginning balance of $3  billion in 2022 ‑23, the revenue loss would not affect projects planned for 2022 ‑23 or 2023 ‑24.
https://lao.ca.gov/Publications/Report/4528

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - This includes, for example, the majority of state funding to school districts, which is provided through the Local Control Funding Formula (LCFF); base funds provided to the universities; and funds to the trial courts.
https://lao.ca.gov/Publications/Report/4647

Building Reserves to Prepare for a Recession

Mar 7, 2018 - The formulas also provide for “maintenance factor, ” which requires the state to accelerate school funding in strong revenue years to compensate for lower funding in weaker years. Given these formulas, General Fund spending on schools and community colleges tends to increase when revenues are growing and decline when revenues decline.
https://lao.ca.gov/Publications/Report/3769

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Separate from his proposals to pay down the CalSTRS unfunded liability, the Governor proposes providing $ 700  m illion over the next two years ($ 350  m illion per year) to provide school and community college districts immediate budget relief.
https://lao.ca.gov/Publications/Report/3916

Improving California’s Unemployment Insurance Program

Aug 8, 2022 - Some workers also may be eligible under the state ’s alternative base period, which is the last four completed calendar quarters prior to the job loss . Workers who started working recently —for example, recent school graduates or workers returning to work after looking after children —often do not meet this requirement.
https://lao.ca.gov/Publications/Report/4615

The 2017-18 Budget: Governor's Gann Limit Proposal

Mar 2, 2017 - Multiply Current Year ’s SAL by SAL Growth Factor. The current year ’s SAL is the starting point for determining the upcoming year ’s SAL. The current year ’s SAL is multiplied by the “SAL growth factor, ” an annual measure of inflation and population growth.
https://lao.ca.gov/Publications/Report/3596

The 2018-19 Budget: California Earned Income Tax Credit Education and Outreach

May 8, 2018 - In addition, eligible filers must be a U.S. citizen or resident alien and be at least age 25 if they do not have a qualifying child (these last two restrictions are based on the federal EITC). California Expanded State EITC in 2017.
https://lao.ca.gov/Publications/Report/3826

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Chapter   677 o f 2012 (S B  1128 , Padilla) prohibits CAEATFA from approving more than $ 100  m illion of exclusions in any calendar year. This cap has become more binding over time. Before 2019, exclusions were available for most of the year.
https://lao.ca.gov/Publications/Report/4327

The 2017-18 Budget: Evaluating the State-County Assessors' Partnership Agreement Program

Mar 27, 2017 - These options range from the state paying for schools ’ share of costs on their behalf to requiring schools to pay for their share of costs out of their general purpose funds. Technical Appendix Goal.
https://lao.ca.gov/Publications/Report/3632

The 2022-23 Budget: Federal Tax Conformity for Federal Business Assistance

Jan 26, 2022 - In addition, estimating in which years the revenue losses would occur is difficult. This is because most of the businesses that would benefit from conforming to the federal tax tr eatment of these grants have operating losses and will not owe taxes this year, or perhaps for several years.  
https://lao.ca.gov/Publications/Report/4501