The 2018-19 Budget: Update on State Funding for K-12 School Facilities

May 3, 2018 - Schools also can raise facilities funding using various other methods, including parcel taxes, but they raise substantially less through these other methods. Background —Office of Public School Construction The Office of Public School Construction (OPSC) Is One of Several State Agencies Involved in Project Approval Process.
https://lao.ca.gov/Publications/Report/3821

The 2018-19 Budget: Proposition 98 Education Analysis

Feb 7, 2018 - These proportions differ from many other states, where local property tax revenue covers a much larger share of school funding. Unlike most other states, California ’s State Constitution limits local property tax rates.
https://lao.ca.gov/Publications/Report/3741

K-12 Education in Context

Jan 26, 2018 - These proportions differ from many other states, where local property tax revenue covers a much larger share of school funding. Unlike most other states, California ’s State Constitution limits local property tax rates.
https://lao.ca.gov/Publications/Report/3736

Evaluating California’s System for Serving Infants and Toddlers With Special Needs

Jan 4, 2018 - These 61 p rograms were funded by local property tax revenue and established at the discretion of local school administrators. Following the passage of Proposition  13, schools across the state experienced significant reductions in property tax revenue and began eliminating some locally funded programs.
https://lao.ca.gov/Publications/Report/3728

The 2018-19 Budget: Proposition 98 Outlook

Nov 15, 2017 - The personal income tax accounts for most of the revenue growth, increasing nearly $ 8  b illion (9. 5  p ercent) in 2017 ‑18 and nearly $ 5  b illion (5. 4  p ercent) in 2018 ‑19. Revenue from the sales and use tax and the corporate tax also increases, albeit more slowly.
https://lao.ca.gov/Publications/Report/3716

The 2017-18 Budget: Analysis of the May Revision Education Proposals

May 15, 2017 - LAO Estimates of Property Tax Revenue Slightly Above May Revision Estimates. Compared with the administration ’s estimates of property tax revenue, our estimates are $96  million (0.5  percent) higher in 2016 ‑17 and $169  million (0.8  percent) higher in 2017 ‑18.
https://lao.ca.gov/Publications/Report/3670

The 2017-18 Budget: Initial Comments on the Governor’s May Revision

May 13, 2017 - Changes in federal tax policy could have some near –term benefit or costs to state tax revenues and taxpayers (and perhaps require new state tax legislation to conform to those federal policies). Other possible federal policy changes could affect the economy, reduce federal funding, or substantially increase state costs in future years.
https://lao.ca.gov/Publications/Report/3669

The 2017-18 Budget: Analysis of Special Education “Disconnect”

Mar 1, 2017 - (Roughly ten SELPAs will be most opposed to the first option, as they have sufficient property tax revenue to continue covering the higher statutory funding levels. These SELPAs w ould see some of their property tax revenue go to cities, counties, and/or trial courts, consistent with existing related statutory provisions.)
https://lao.ca.gov/Publications/Report/3598

The 2017-18 Budget: County Offices of Education and The Minimum State Aid Provision

Feb 10, 2017 - Under the LCFF for COEs (similar to school districts), local property tax is counted first for meeting each COE ’s overall LCFF allotment, with the state making up any gap. In a county where local property tax revenue is sufficient to fund all of its LCFF allotment, the state still must provide its minimum state aid allotment.
https://lao.ca.gov/Publications/Report/3554

Volatility of the Personal Income Tax Base [Publication Details]

Feb 8, 2017 - On the other hand, California's personal income tax (PIT) base was much more volatile. This is because (1) some of the more stable pieces of personal income are not taxed under California's PIT and (2) the PIT tax base includes capital gains, which are extremely volatile and are not counted as part of personal income in federal statistics.
https://lao.ca.gov/Publications/Detail/3548