K-12 EDUCATION OVERVIEW

FUNDING TRENDS State Aid a Reduced Share of School Funding The two largest funding sources for schools are state aid and local property tax levies. Since 1985-86 support from state funds has grown at a much slower rate (36 percent) than s upport from local property tax levies (163 percent).
https://lao.ca.gov/1995/010195_calguide/cgk121.html

COUNTIES

County general purpose reve nue (GPR) comes from a variety of sources, including the property tax, state general purpose subventions, and the sales tax. Due to the constraints imposed by Proposition 13, count ies have very limited power to increase GPR.
https://lao.ca.gov/1995/010195_calguide/cglgov2.html

BUDGETARY TRENDS

Additional revenues, primarily $7.2 billion from tax increases, resolved about two-thirds of the $14.3 billion budget gap. Program reductions provided the next largest contributio n--$4.1 billion. 1992-93.
https://lao.ca.gov/1995/010195_calguide/cgsbud1.html

^[PDF] 50 years of service Budget Brief An Overview of the 1995-96 Governor's Budget proposal). actions.

LOOKING BEYOND THE BUDGET YEAR Given the Governorʹs tax proposal and the tight budgets of recent years, it is important to know the implications of the Governorʹs budget proposals for the future. One natural question is what levels of funding for state programs would be possible, based on the revenues that would be available if the tax proposal is enacted.
https://lao.ca.gov/1995/012095_bud_overview/01_1995_budget_brief.pdf

Personal Responsibility Act of 1995

Work Requi rements Potential unknown grant savings, increased General Fund tax revenues, and administrative costs due to the effect of the work requirements. Title II--Child Protection Block Grant Program Title II of the act would replace existing categorical programs by establishing a block grant for various child protection programs, including child welfare services, foster care, adoptions assistance, and child abuse prevention.
https://lao.ca.gov/1995/042595_pers_responsibility_act/pb42595.html

State Spending Plan - Chapter 3 Part II

One change would have liberalized the tax credit for hiring employees in enterprise zones ($10 million 1995-96 revenue loss). The second change would have conformed state tax law with federal tax law regarding cancellation of debts and the treatment of credits and deductions related to passive business income ($34 million 1995-96 revenue loss).
https://lao.ca.gov/1995/092298_spending_plan/rp92295c.html

Calif.'s Fiscal Outlook

We believe they provide a meaningful starting point for the Legislature's evaluation of the state's fiscal condition, and its assessment of any necessary changes to the state's taxing and spending levels.
https://lao.ca.gov/1995/110195_fiscal_outlook/outchap1.html

Calif.'s Fiscal Outlook

Renters' Tax Credit The renters' tax credit is another large program area in this "other" category. It provides a refundable tax credit to Californians who rent their principal place of residence as of March 1.
https://lao.ca.gov/1995/110195_fiscal_outlook/outchp4b.html

Accommodating the State's Inmate Population Growth

For example, SB 760 (Lockyer) would dedicate a share of sales tax revenues to counties that voluntarily chose to take custody of such offenders, either by placing them in jail or by operating alternative punishment programs, such as drug treatment and electronic monitoring.
https://lao.ca.gov/1995/122895_inmate_pop/pb122895.html

November 1995 California Update

Contact--Donna Watins Olsson--(916) 445-8641 Economic and Revenue Developments General Fund revenues in October exceeded the budget estimate by $143 million, reflecting gains from each of the major taxes (personal income, sales, and bank and corporation).
https://lao.ca.gov/1995/cal_update/cup1195.html