Results


6,743 results

Sort by date / relevance

[PDF] California's Debt Burden

This is because the federal government lets us borrow externally (within prescribed limits) at tax-exempt rates, but invest any idle proceeds in higher-yielding taxable investments. Most ~uv"'" ments borrow externally to the maximum extent permitted.
https://lao.ca.gov/reports/1995/californias_debt_burden.pdf

[PDF] The 2010-11 Budget: Overview of the Governor's Budget

(The SUT rate reflects baseline growth in tax revenues absent the Governor’s transportation tax proposal.) The budget, how‑ ever, estimates that personal income tax (PIT) revenues will grow only 0.5 percent in the bud‑ get year, in part due to the expiration of a tempo‑ rary 0.25 percent PIT rate increase at the end of 2010.
https://lao.ca.gov/reports/2010/bud/budget_overview/bud_overview_011210.pdf

[PDF] The 2011-12 Budget: Overview of the May Revision

Governor Changes Some of His Tax Proposals. In the May Revision, the Governor changes his January revenue proposals—reducing the size of some tax proposals and proposing new tax expenditures (credit and exemption programs).
https://lao.ca.gov/reports/2011/bud/may_revise/may_revise_051911.pdf

[PDF] Maximizing State Benefits From Public-Private Partnerships

Alternatively, the state can commit to making annual payments to the partner from an identified funding source, such as tax revenues. Since it can take many years for a revenue source (such as a toll on a road) to pay off the private financings, the terms of P3 contracts generally range between 25 years to 100 years.
https://lao.ca.gov/reports/2012/trns/partnerships/P3_110712.pdf

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

In 2013-14, CCC is providing instruction to about 2.3 million students and receiving about $7 billion in state operational support (which includes state General Fund, local property taxes, and student fee revenues).
https://lao.ca.gov/reports/2014/budget/education-facilities/maintaining-facilities-041114.pdf

[PDF] 4_2014-15 Proposition 98 Changes.indd

4_2014-15 Proposition 98 Changes.indd (In Millions) Technical Adjustments Make Local Control Funding Formula growth adjustments $306 Otherb 149 Subtotal ($455) K-12 Education Pay down mandate backlog $2,748 Eliminate deferrals 897 Fund teacher training and support block grant 490 Fund career technical education (CTE) grants 150 Provide learning and behavioral supports for special educationc 10
https://lao.ca.gov/reports/2015/3299/4.pdf

[PDF] The 2015-16 Budget: Resources and Environmental Protection

These “payments in lieu of taxes” (PILT) are designed to offset lost property tax revenues that counties and other local governments would be able to collect on these properties if they were not state-owned.
https://lao.ca.gov/reports/2015/budget/resources-environmental-protection/Res-Budget-Analysis-021915.pdf

[PDF] Evaluation of the School District of Choice Program

About 10 percent of school districts have local property tax revenue exceeding their allotments calculated under the Local Control Funding Formula. The state allows these districts to keep this additional revenue and treat it like other general purpose funding.
https://lao.ca.gov/reports/2016/3331/district-of-choice-012716.pdf

[PDF] The 2016-17 Budget: Analysis of the Human Services Budget

We note that on February 8, 2016, the administration released an updated MCO tax proposal. The administration has indicated that funding to continue the IHSS service-hour restoration could come from either MCO tax revenues or the General Fund.
https://lao.ca.gov/reports/2016/3351/human-services-analysis-021116.pdf