The low rate of state spending growth for K-12 education

The low rate of state spending growth for K-12 education reflects budget actions that increased school's share of local property taxes in order to reduce state school funding requi red under Proposition 98.
https://lao.ca.gov/1996/011696_calfacts/cf96e.html

^[PDF] The allocation of general revenue sharing funds among the

The allocation of general revenue sharing funds among the recipient governments for each entitlement period is made according to statutory formulas using data such as population, general tax effort, and income tax collections.
https://lao.ca.gov/analysis/1978/14_revenue_sharing_1978.pdf

LAO 2003-04 Budget Analysis: Education, Special Education

The state supports special education costs with three sources of funding: General Fund, local property taxes, and federal funds. The General Fund covers the program's fun ding needs that are not met by federal funds or property taxes.
https://lao.ca.gov/analysis_2003/education/ed_13_specialed_anl03.htm

California's Economy and Taxes

California's Economy and Taxes Monthly Jobs Report July 1, 2024 Preliminary reports suggest the state added 43,000 jobs in May. We interpret these figures with caution because recent reports have overstated the strength of the state 's labor market in a few ways.
https://lao.ca.gov/LAOEconTax?tagId=9

2000 Budget Analysis: H&SS; CC Aging

Fourth, because California income taxes are an itemized deduction on federal income tax returns, as much as one-third of the state's credit paid to certain taxpayers will wind up " in the pockets" of the federal government.
https://lao.ca.gov/analysis_2000/health_ss/hss_2_cc_aging_anl00.htm

^[PDF] The 2020-21 Budget: Overview of the Governor’s Budget

Recently, corporation tax collections have grown faster than anticipated while personal income tax collections have grown somewhat slower. The administration assumes that this pattern will continue. This is because they attribute the pattern to partnerships, which are taxed under the personal income tax, changing to corporations in response to 2017 federal tax changes.
https://lao.ca.gov/reports/2020/4135/budget-overview-2020.pdf

^[PDF] 2009-10 Budget Analysis Series: Transportation

The SHA is funded mainly by an 18 cent per gallon tax on gasoline and diesel fuel (referred to as the gas tax) and truck weight fees. Revenues to the PTA come from a portion of the state sales tax on diesel fuel and gasoline.
https://lao.ca.gov/analysis_2009/transportation/trans_anl09.pdf

1996-97 Budget Analysis: Health and Social Services, Crosscutting Issues

The Tobacco Tax and Health Protection Act of 1988 (Proposition 99) allocates a portion of tobacco tax revenues for county health services. In 1989, the Legislature established the California Healthcare for Indigents Program (CHIP) and the Rural Health Services (RHS) Program, which allocate Proposition 99 funds to expand county indigent health services.
https://lao.ca.gov/analysis_1996/a96ccc.html

^[PDF] Frequently Asked Questions About Bond Financing

These are paid off from the state’s General Fund, which is largely supported by tax revenues. These bonds take two forms: ➢ The majority are general obligation (GO) bonds. These must be approved by the voters and their repayment is guaranteed by the state’s general taxing power.
https://lao.ca.gov/2007/bond_financing/bond_financing_020507.pdf

^[PDF] LAO 1999 Perspectives and Issues: State Fiscal Picture

Again, the increase is largely related to higher income tax collections. Thus, for the two years combined, we project $1.3 billion more in revenue than the administration. Proposition 98 Interaction.
https://lao.ca.gov/analysis_1999/1999_pandi/part1/part1_pandi99.pdf