^[PDF] Appendix 2, Figure 2 All Other General Fund Solutions Proposed

Appendix 2, Figure 2 All Other General Fund Solutions Proposed in the 2023–24 May Revision General Fund (In Millions) Description Governor’s Budget May Revision 2021–22 2022–23 2023–24 2021–22 2022–23 2023–24 New Managed Care Organization tax — — $317 — — $3,487 Safety Net Reserve Withdrawal — — — — — 450 Incomplete Gift Non–Grantor Trusts — — 30 — — 30 Middle Class Tax Refund Savings — — — — $200 — Totals — — $347 — $200 $3,967
https://lao.ca.gov/reports/2023/4769/Appendix-2-All-Other-Solutions.pdf

^[PDF] The 2024-25 Budget: Initial Comments on the Governor’s May Revision

This allows businesses to smooth profits and losses such that businesses with similar profits over time pay similar taxes. Without this smoothing, businesses in riskier or more innovative industries—such as the technology, motion picture, and transportation sectors—could end up paying more taxes than businesses with similar but more stable profits.
https://lao.ca.gov/reports/2024/4902/Initial-Comments-May-Revision-051724.pdf

^[PDF] Minimum wage.

Changes in Tax Revenues. The measure would affect income tax and sales tax revenues. • Income Tax Revenues. The state collects a personal income tax on income earned within the state, including wages and business owners’ incomes.
https://lao.ca.gov/ballot/2021/210631.pdf

^[PDF] The 2022-23 Budget: Temporary Limits on Business Tax Provisions

Tax credits are provisions in California’s tax laws that allow taxpayers to directly reduce their taxes dollar for dollar. Most business tax credits provide an incentive for companies to alter their behavior in certain ways.
https://lao.ca.gov/reports/2022/4500/temp-limits-business-tax-012622.pdf

^[PDF] The-2022-23-Budget-Overview-of-Proposition-98-Proposals

The-2022-23-Budget-Overview-of-Proposition-98-Proposals Change From 2021-22 Amount Percent Funding by Source General Fund $70,035 $71,845 $73,134 $1,289 1.8% Local property tax 25,901 27,219 28,846 1,627 6.0 Totals $95,936 $99,064 $101,980 $2,916 2.9% Funding by Segment K-12 education $82,089 $84,407 $87,326 $2,919 3.5% Community colleges 10,766 11,075 11,593 518 4.7 Reserve
https://lao.ca.gov/handouts/education/2022/The-2022-23-Budget-Overview-of-Proposition-98-Proposals.pdf

^[PDF] Reducing the Destructiveness of Wildfires: Promoting Defensible Space in California

Other funding sources reported by local agencies include citations and fees, special taxes, and federal grants. For example, in 2020, voters in Marin County passed a special parcel tax to fund the creation of a joint powers authority focused on fire protection and prevention, including defensible space.
https://lao.ca.gov/reports/2021/4457/defensible-space-093021.pdf

^[PDF] If the Legislature were to reject any of the wildfire response

If the Legislature were to reject any of the wildfire response proposals excluded from the SAL calculation, it would generally need to repurpose the associated funding for other SAL-related purposes, such as tax reductions or an alternative excluded expenditure.
https://lao.ca.gov/reports/2022/4504/wildfire-response-012822.pdf

^[PDF] The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

The federal EITC is a provision of the U.S. income tax code that allows workers filing a tax return who earn less than a certain amount (about $46,000 for single workers with two dependents) to reduce their federal tax liability.
https://lao.ca.gov/reports/2019/3960/EITC-Expansion-030619.pdf

^[PDF] The 2022-23 Budget: Water and Drought Response Proposals

For example, if the Legislature were to reject or approve a lower amount of spending on the proposed water-related activities that the administration excludes from SAL, it would generally need to repurpose the associated funding for other SAL-related purposes, such as tax reductions or an alternative excluded expenditure.
https://lao.ca.gov/reports/2022/4509/Water-Drought-Response-013122.pdf

^[PDF] The 2025-26 Budget: Various California Air Resources Board Proposals

(This is in contrast to taxes, from which revenues can be used for a broader range of activities and which require a two-thirds vote of each house of the Legislature.) Legislature Has Longstanding Practice of Granting Departments Authority to Assess Specific Fees.
https://lao.ca.gov/reports/2025/4980/Various-CA-Air-Resources-Board-Proposals-022425.pdf