September 96 California Update

September is a major month for tax collections, as it includes quarterly estimated payments from both individuals and corporations as well as a variety of other key pay ments. Coll ections for this period should provide the first significant indication of how the underlying trend in revenues during 199697 compares to that assumed in the 1996 Budget Act.
https://lao.ca.gov/1996/cal_update/sept_96_calupdate.html

^[PDF] An Overview of the 1997-98 Governor's Budget

Taxes and Fees. Phased 10 percent corporate tax rate reduction. Additional federal tax conformity. No renters’ credit. Increase in drivers license fees. Welfare. Welfare reform proposal includes various time limits for recipients and block grant funds for counties (beginning 1998-99).
https://lao.ca.gov/1997/011597_bud_overview/budget_overview_197.pdf

^[PDF] Welfare Reform in California: A Welfare-to-Work Approach

Administration and services: • 85 percent state, 15 percent counties. Performance incentives: • Reduce county share up to 5 percentage points. Page 12 Legislative Analyst's Office bring about increased employment Credit [EITC], which provides a tax among recipients, they will result in reduction or refundable credit for a cost to government.
https://lao.ca.gov/1997/012397_cal_welfare_reform/welfare_reform_197.pdf

ERAF and the 1997-98 State Budget

To mitigate the ongoing impact of the 1993-94 property tax shift, the Legislature proposed and the voters approved Proposition  172. This measure provides counties and cities with a share of a half-cent of sales tax for public safety purposes.
https://lao.ca.gov/1997/061897_eraf/eraf_and_the_1997-98_state_budget_pb061897.html

California Spending Plan 1997-98, The Budget Act and Related Legislation

As a result, in 1998-99, counties will experience savings of $285 million. This amount includes savings resulting from the state increasing its share of every county's court costs to at least 58 percent ($274 million), and paying for all court costs of the 20 smallest counties ($10.7 million).
https://lao.ca.gov/1997/100897_spend_plan/spending_plan_97-98.html

California's Fiscal Forecast 1997-98--Chapter 1

Our forecast takes into account the projected impacts of federal reductions in the maximum tax rate on capital gains, which are expected to translate into $450  million in additional state personal income tax receipts in 1997-98.
https://lao.ca.gov/1997/112097_fiscal_outlook/1997_fiscal_outlook_chapter_1.html

California's Fiscal Forecast 1997-98--Chapter 5

It is possible in future years, however, that slower student enrollment growth and faster growth in local property taxes could result in a decrease in the General Fund share going to Proposition  98.
https://lao.ca.gov/1997/112097_fiscal_outlook/1997_fiscal_outlook_chapter_5.html

September 1997 Cal Update

The State Treasurer will issue the bonds when cash is needed, and the bonds will be repaid over 20 or 30 years from General Fund revenues (primaril y state sales and income tax revenue). State Transportation Funds.
https://lao.ca.gov/1997/cal_update/sep_2_97_calupdate.html

^[PDF] UPDATE SEPTEMBER EPTEMBER 1997

The State Treasurer will issue the bonds when cash is needed, and the bonds will be repaid over 20 or 30 years from General Fund revenues (primarily state sales and income tax revenue). State Transportation Funds.
https://lao.ca.gov/1997/cal_update/sep_2_97_calupdate.pdf

^[PDF] CalWORKs Welfare Reform: Major Provisions and Issues

“Comparable new applicants (county for-grant). Eligible for federal Earned wage”—at least mini- can extend to 24 months) Income Tax Credit (EITC). mum wage. Eligible for or 24 months for existing EITC. recipients.
https://lao.ca.gov/1998/012398_calworks/012398_calworks.pdf