Property tax assessment. [Ballot]

Sep 8, 2017 - Cities and counties impose taxes on the transfer of homes and other real estate. These transfer taxes are based on the value of the property being transferred. Transfer taxes are e qual to $1.10 per $1,000 of property value in most locations, but exceed $20 per $1,000 of property in some cities.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-013

Authorize $8.9 billion in general obligation bonds for various water-related programs and projects. [Ballot]

Sep 5, 2017 - Over three-quarters of th is spending is done at the local level, such as by water districts, cities, and counties. About 80  percent of this local spending is paid for by individuals as ratepayers of water and sewer bills.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-010

General obligation bonds for natural resources-related programs and projects. [Ballot]

Aug 22, 2017 - Over three-quarters of th is spending is done at the local level, such as by water districts, cities, and counties. About 80  percent of this local spending is paid for by individuals as ratepayers of water and sewer bills.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-007

Breakdown of Local Control Funding Formula [EdBudget]

Jul 14, 2017 - Breakdown of Local Control Funding Formula [EdBudget] a Reflects LAO estimates. b Includes funding for Necessary Small Schools. c Includes funding for basic aid districts on behalf of transfer students from nonbasic aid districts, categorical payments to joint powers authorities and the State Special Schools, and $3.5 million to support the Exploratorium in San Francisco in 2016-17 and 2017-18.
https://lao.ca.gov/Education/EdBudget/Details/44

July 2017 Update: Los Angeles’ Bid for the Olympics and Paralympics

Jul 6, 2017 - Prospective Olympic host cities must commit to execute the IOC ’s Host City Contract upon being awarded the Olympics. The contract requires the host city to deliver the Olympics and Paralympics as scheduled, using funds from domestic and IOC sources and working cooperatively with the IOC and other stakeholders.
https://lao.ca.gov/Publications/Report/3695

University of California: Conditions Attached to $50 Million General Fund Increase [EdBudget]

Jul 5, 2017 - Transfer-to-Freshman Ratio. Enroll at least one entering transfer student for every two entering freshmen for the 2018-19 academic year at every campus except Merced and San Francisco. Senior Management Compensation.
https://lao.ca.gov/Education/EdBudget/Details/56

Transportation funding, Amendment #1. [Ballot]

Jun 26, 2017 - The Legislature noted that over the next ten years the state faces a major shortfall to adequately maintain the existing state highway system, and cities and counties face a major shortfall to adequately maintain the existing network of local streets and roads.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-004

How Will Aging Baby Boomers Affect Future Property Tax Revenues? [EconTax Blog]

Jun 20, 2017 - These potential future property tax gains could be lessened by an increase in transfers of homes from paren ts to children, which often are exempt from revaluations that trigger higher property tax payments.
https://lao.ca.gov/LAOEconTax/Article/Detail/247

How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - In general, when a home is transferred to a new owner, its taxable value is reset to its purchase price. California voters, however, passed Proposition  58 in 1986, which amended the California Constitution to exempt transfers between parents and children (and later grandparents and grandchildren under certain circumstances under Proposition  193 [1996]) from revaluation.
https://lao.ca.gov/Publications/Report/3693

How Will Aging Baby Boomers Affect Future Property Tax Revenues? [Publication Details]

Jun 20, 2017 - In the coming years, more and more aging homeowners likely will look to sell their homes. This surge in sales should boost local government property tax collections. These potential property tax gains are likely to be offset by an increase in the transfer of homes from parents to children which, unlike most home sales, does not trigger higher tax payments.
https://lao.ca.gov/Publications/Detail/3693