Frequently asked questions concerning Facebook and California's General Fund

Aug 1, 2012 - Moreover, it takes many months for data concerning a tax year's payments to be processed by the state's tax agencies. At some point in the future, for these and other reasons, state revenue estimates likely will change to display Facebook-related revenues as simply "lumped in" with the state's other taxes.
https://lao.ca.gov/Recommendations/Details/618

The 2012-13 Budget: Proposition 98 Maintenance Factor: An Analysis of the Governor's Treatment [Publication Details]

May 31, 2012 - These two assumptions produce unreasonable outcomes for schools and the rest of the state budget in the near term and long term. In particular, the Governor’s approach would ratchet down the Proposition 98 base in some years (including 2011-12), ratchet up the base in other years (including 2012-13), and, in some cases (including 2012-13 and 2014-15), lead to schools receiving almost exclusive benefit from any growth in state revenues.
https://lao.ca.gov/Publications/Detail/2644

Reimbursement rates

May 30, 2012 - 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/514

Budget reductions

May 30, 2012 - 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/517

Near-term challenges, but opportunity to reduce future deficits substantially

May 25, 2012 - This could further constrain t he flexibility of the state ’s elected leaders to prioritize state spending and balance the budget in some years. With state revenues potentially becoming more volatile in the next few years if voters approve higher tax rates for high-income taxpayers, the Governor ’s maintenance factor treatment could require very
https://lao.ca.gov/Recommendations/Details/610

Retirement costs

May 24, 2012 - We continue to encourage the Legislature to link any state funding for UC ’s pension costs to actual costs. In January, we were provided with information from UC that indicated that its additional costs for pensions in 2012-13 for state General Fund and tuition-funded employees would be about $78  million.
https://lao.ca.gov/Recommendations/Details/478

Revised Seismic Safety Commission funding proposal

May 23, 2012 - Such a tax would not be permissible because Article XIII , Section 28(f), of the Constitution states that with limited exceptions the state’s insurance tax (one of the General Fund's major revenue sources) shall be in lieu of all other state and local taxes on insurers.
https://lao.ca.gov/Recommendations/Details/576

National mortgage settlement proceeds

May 22, 2012 - The administration states that these are the state General Fund  costs that could best be considered homeowner-related programs eligible for offset under the settlement agreement. LAO Findings. We believe the administration ’s proposal to use the settlement proceeds to provide budgetary savings makes sense given the state ’s fiscal situation.
https://lao.ca.gov/Recommendations/Details/608

State Budget Update [Publication Details]

May 19, 2012 - State Budget Update [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Detail/2639

2012-13 May Revise: Analysis of the Governor’s Proposed Changes to the Healthy Families Program

May 18, 2012 - Under state law, the benefits that HFP provides to enrollees are required to be equivalent to benefits provided to state employees through the California Public Employees ' Retirement System, with certain exceptions for mental health benefits.
https://lao.ca.gov/Recommendations/Details/604