The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Most notably, the Governor provides a combined $ 900  m illion for six programs aimed at improving school employee training, recruitment, and retention. The budget also provides $ 600  m illion for two new grant programs: (1) $ 300  m illion for grants to help low ‑performing schools and districts improve their performance and (2) $ 300  m illion for
https://lao.ca.gov/Publications/Report/4135

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

Feb 11, 2022 - The total request is for $450 million General Fund, over three years: $100 million in 2023‑24, $100 million in 2024‑25, and $150 million in 2025‑26. Proposal Lacks Important Details. This  proposal does not provide a detailed justification for the amount of funding requested or the criteria that would be used to make the grants.
https://lao.ca.gov/Publications/Report/4529

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Prior law exempted new corporations from the minimum franchise tax in their first year of business. The budget package expands this exemption to LLCs and certain partnerships in their first year. This expanded exemption expire s in 2024.
https://lao.ca.gov/Publications/Report/4270

The 2019-20 May Revision: Sales Tax Exemptions for Diapers and Menstrual Products

May 12, 2019 - Public schools Relatively high ‑poverty middle schools and high schools must provide free menstrual products. Human Services Eligibility criteria and grant amounts not adjusted for menstrual expenses.
https://lao.ca.gov/Publications/Report/4040

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

Apr 6, 2018 - Each year, the California Department of Education (CDE) releases data on school district finances around the middle of February. The most recent release contains actual school district data for 2016 ‑17.
https://lao.ca.gov/Publications/Report/3800

The 2018-19 Budget: The Administration's Proposition 55 Estimates in the May Revision

May 22, 2018 - First, the measure directs DOF to estimate the upcoming year ’s available revenues. Second, it subtracts from this total the constitutional minimum funding level for schools and community colleges. Third, the formula then subtracts an estimate of the “workload budget ” costs of government services that were “currently authorized ” as of January 1, 2016.
https://lao.ca.gov/Publications/Report/3844

The 2018-19 Budget: The May Revision—State Earned Income Tax Credit Expansion

May 14, 2018 - In addition, if they do not have a qualifying child, eligible filers must be at least age 25 and younger than age 65. Governor ’s Proposal Expand EITC to Close Age Gaps and Compensate for Rising Minimum Wage.
https://lao.ca.gov/Publications/Report/3835

How High? Adjusting California’s Cannabis Taxes

Dec 17, 2019 - For example, state cannabis tax revenue in the first half of calendar year 2019 was roughly twice as large as revenue in the first half of calendar year 2018 —a 100  p ercent increase. This strong revenue growth occurred while state cannabis tax rates remained constant.
https://lao.ca.gov/Publications/Report/4125

(1) Major Milestones: 25 Years of The State-Local Fiscal Relationship, and (2) Economic and Revenue Developments [Publication Details]

Dec 22, 1997 - (1) Major Milestones: 25 Years of The State-Local Fiscal Relationship, and (2) Economic and Revenue Developments [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/46

Assessing Recent Changes to California Competes

Mar 30, 2020 - A prior requirement that 25  p ercent of the credits be reserved for small businesses —defined as having under $ 2  m illion in annual revenue —was eliminated. Chapter  52 also reduced the total amount of new credits that GO ‑Biz may allocate in any fiscal year, from $ 200  m illion to $ 180  m illion.
https://lao.ca.gov/Publications/Report/4213