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

Jan 14, 2019 - The Governor proposes attributing this $ 700  m illion deposit to the 2018 ‑19 fiscal year, although the actual transfer likely would take place after June 30, 2019. No Deposit Into School ’s Constitutional Reserve Required.
https://lao.ca.gov/Publications/Report/3916

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - For example, the state could allow a portion of the tax credits to be transferable or refundable. The state also could temporarily allow taxpayers who cannot use credits to sell some of them back to the state at a discount.
https://lao.ca.gov/Publications/Report/4327

Income Mobility in California Across Generations

Jan 4, 2017 - This result holds if the child remains in the same city as an adult or moves to a similarly high–priced area. As a result, income mobility—that is, the difference between the child’s and the parent’s rank—is largely unaffected.
https://lao.ca.gov/Publications/Report/3518

The 2022-23 Budget: Governor’s Office of Business and Economic Development Proposals

Feb 11, 2022 - The grants would be to provide seed funding to cities or counties for programs that provide support to immigrants and immigrant ‑owned businesses. GO ‑Biz plans to make about 20 grants, in amounts between $200,000 to $1  million.
https://lao.ca.gov/Publications/Report/4529

Managing California’s Cash

Sep 3, 2019 - The overall effect of A B   1054 o n the state ’s cash balances is yet to be seen —it will depend on decisions by the administration about how much to transfer to the fund, when to make those transfers, and when to issue the new bonds to repay the loan.
https://lao.ca.gov/Publications/Report/4092

The 2018-19 Budget: Governor's Gann Limit Estimates

Apr 6, 2018 - As described earlier, when local property tax revenue outpaces growth in school district appropriations limits, the state must transfer some of its limit to school districts to ensure that they do not exceed their local limits.
https://lao.ca.gov/Publications/Report/3800

An Update on California’s Cash Management Situation

Aug 31, 2020 - For example, the state typically transfers funds to school and community college districts, makes payments to Medi-Cal providers, and issues payroll to state employees every month of the year. However, the state receives most of its revenues in the latter half of the fiscal year, in particular January, April, and June, which are key months for collections of the personal income tax .
https://lao.ca.gov/Publications/Report/4266

Volatility of California’s Personal Income Tax Structure

Sep 28, 2017 - Moreover, transfer payments tend to rise during recessions when other categories of income decline, so they serve to smooth out aggregate income from one year to the next. Why Do Graduated Rates and Other Provisions Make the PIT More Volatile?
https://lao.ca.gov/Publications/Report/3703

The 2018-19 Budget: California Competes Proposal

Feb 21, 2018 - To increase awareness of the program, GO-Biz has held workshops in more than 100 cities over the past three years. While this outreach may have increased awareness of the program and the number of applicants, the demand for this program from small business has remained relatively low.
https://lao.ca.gov/Publications/Report/3759

The 2018-19 Budget: California’s New Tax Departments [Publication Details]

Apr 4, 2018 - In 2017, the Legislature passed two laws that made major changes to tax administration and appeals in California. Prior to these laws, the Board of Equalization (BOE) had administrative and appeals responsibilities for many taxes and fees.
https://lao.ca.gov/Publications/Detail/3796