Calif.'s Fiscal Outlook

The state continues to face expenditure pressures relating to the continuing fiscal stress of counties, expanding prison populations, and demands for infrastructure spending, as well as an ongoing need to assess the viability of its tax struc ture and business climate.
https://lao.ca.gov/1995/110195_fiscal_outlook/outchap1.html

Cal Facts 1996 -- California's Economy

Multi-family construction has been especially soft, partly due to economic factors and partly due to past tax law changes which reduced the investment return on multi-family housin g.
https://lao.ca.gov/1996/011696_calfacts/cf96a.html

Cal Facts 1996 -- Table of Contents

Cal Facts 1996 -- Table of Contents California Has One of the World's Largest Economies Employment In California Is Spread Among Many Industries California Recovering From Recession Service and Trade Industries Leading California Recovery Some Service and Trade Industries Are High Paying Top Six Markets For California Exports Aerospace Employment Is Lowest in Decades Housing Activity Continues to
https://lao.ca.gov/1996/011696_calfacts/cf96toc.html

Federal Welfare Reform (H.R. 3734): Fiscal Effect on California

This policy brief does not estimate the fiscal impact of H.R. 3734 on state and county funds. The potential impact on state and county funds depends on a number of factors includi ng: Whether the state elects to backfill for the reduction in federal funds (in which case there would be state costs).
https://lao.ca.gov/1996/082096_fed_welfare_reform/fed_welfare_reform_pb082096.html

State Spending Plan for 1996-97 - Chapter 2

For example, in 1991-92, a half-cent increase in the state sales tax was enacted, and the revenues were placed in a special fund to cover certain health and welfare costs that the state shifted to the counties.
https://lao.ca.gov/1996/100796_spend_plan/96spendplan_ch2.html

State Spending Plan for 1996-97 - Chapter 3, Part II

The maximum monthly grant for aged and disabled individuals (the largest category of r ecipients) would be reduced, in November 1996, from $626 to $596 in high-cost counties and to $568 in low-cost counties.
https://lao.ca.gov/1996/100796_spend_plan/96spendplan_ch3b.html

^[PDF] Chapter 3 Revenue Projections

We project that sales and use Bank and Corporation Taxes Bank and corporation taxes are the third largest General Fund revenue source, accounting for about 12 percent of total projected revenues in 1996-97.
https://lao.ca.gov/1996/112196_fiscal_outlook/outlook96_chapter_3.pdf

California Update, August 1996

State Route 125 private toll road in San Diego County, one of four private toll roads authorized by AB 680 (Ch 107/89). State Route 905 in San Diego County, if legislation is enacted to authorize its development as a toll road.
https://lao.ca.gov/1996/cal_update/aug_96_calupdate.html

December 1996 California Update

Of this adjusted total, about $269 million is due to higher-than-expected personal income taxes, reflecting stronger-than-expected withholding and quarterly estimated payments. About $178 million of the remaining increase is due to unusually large estate tax payments, a large portion of which will be accrued back to 1995-96.
https://lao.ca.gov/1996/cal_update/dec_96_calupdate.html

^[PDF] Major Features of the 1997 California Budget Budget Brief

The budget includes no changes to state tax law. The Legislature rejected the 10 percent phased reduction to corporate tax rates included in the Governor’s original budget proposal, as well his July proposal for a phased 10 percent reduction in personal income tax rates.
https://lao.ca.gov/1997/082297_bud_major_features/8_97_major_features_of_the_97_california_budget.pdf