May Revision Adjustments to Cal Grant Spending by Segment [EdBudget]

May 18, 2022 - May Revision Adjustments to Cal Grant Spending by Segment [EdBudget] a Excludes College Access Tax Credit.    b Less than $500,000.     c Reflects CSAC estimates. The May Revision assumes $48.8 million in additional costs above CSAC estimates.
https://lao.ca.gov/Education/EdBudget/Details/619

The 2022-23 Budget: May Revenue Outlook [EconTax Blog]

May 16, 2022 - While the net effect of these elective payments on state tax revenues is relatively minor, timing issues related to the elective tax result in year-to-year fluctuations in tax collections. The elective tax collections in each fiscal year span two tax years.
https://lao.ca.gov/LAOEconTax/Article/Detail/735

The 2022-23 Budget: Initial Comments on the Governor's May Revision

May 16, 2022 - Specifically, SAL requirements can only be met with: Tax Reductions or Tax Refunds. The first way the Legislature can allocate revenues in order to comply with the SAL is to reduce proceeds of taxes, for example, by reducing tax rates, increasing tax credits, or returning funds to taxpayers through tax refunds.
https://lao.ca.gov/Publications/Report/4598

The 2022-23 Budget: Vote by Mail Ballots: Prepaid Postage

May 13, 2022 - Counties Administer Most Elections and Pay Elections Costs. As historically has been the case across the United States, counties in California administer most local, state, and federal elections pursuant to state and federal law.
https://lao.ca.gov/Publications/Report/4596

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options [Publication Details]

May 12, 2022 - In response to increasing prices across the economy—particularly fuel prices—the Legislature is contemplating a number of policies for providing fiscal relief to Californians. In this post, we identify key questions for the Legislature to consider when analyzing the merits of the options proposed by the Governor and in designing its own relief package.
https://lao.ca.gov/Publications/Detail/4597

The 2022-23 Budget: Fuel Price and Other Fiscal Relief Options

May 12, 2022 - Figure 3 Key Legislative Options for Providing Fiscal Relief Fuel Price Focus Reduce gasoline and diesel excise tax rates. a,b Reduce diesel sales tax rate. a Provide tax refunds to vehicle owners. a Targeted Economic Focus Provide tax refunds to lower ‑income households.
https://lao.ca.gov/Publications/Report/4597

The 2022-23 Budget: Update on K-12 Student Attendance

May 11, 2022 - The  counties that have experienced the largest ADA declines during the pandemic are small rural counties located in the Sierras and Northern California. Among more populous counties, San  Francisco and Los Angeles Counties have had the largest declines (11.4  percent and 11.1  percent,  respectively).
https://lao.ca.gov/Publications/Report/4595

The 2022-23 Budget: Pesticide Enforcement

May 5, 2022 - This authority would apply specifically for “priority investigations ” that involve multiple counties or a person who is the subject of an investigation in multiple counties. Priority investigations include pesticide incidents that cause serious impacts such as death or illness; contamination of drinking water, air, or land; animal and wildlife mortality; or property damage.
https://lao.ca.gov/Publications/Report/4592

Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details]

Apr 26, 2022 - Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details] Strong Tax Collections Belie California's Challenging Fiscal Outlook Format: HTML Description: Given the persistent strength in state tax collections, it may come as a surprise that California’s General Fund likely faces a budget problem in the coming years.
https://lao.ca.gov/Publications/Detail/4590

Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - Strong Tax Collections Belie California's Challenging Fiscal Outlook Strong Tax Collections Belie California 's Challenging Fiscal Outlook April 26, 2022 Tweet Gabriel PetekLegislative Analyst Given the persistent strength in state tax collections, it may come as a surprise that California ’s General Fund likely faces a budget problem in the coming years.
https://lao.ca.gov/Publications/Report/4590