The 2022-23 Budget: Cap-and-Trade Expenditure Plan

Jan 25, 2022 - For example, the Legislature could use GGRF to provide lump sum rebates to households, reduce other state taxes (such as sales tax rates), or use the funds to reduce retail electricity rates. Importantly, each of these “revenue recycling” options could be structured in a way that maintains cap‑and‑trade’s incentive for households and businesses to reduce GHGs,
https://lao.ca.gov/Publications/Report/4496

The 2022-23 Budget: Department of Toxic Substances Control Reform Implementation

Jan 25, 2022 - The account is primarily funded by a broad ‑based tax charged to businesses that contribute to hazardous waste. Department Recently Underwent Significant Governance and Fiscal Reform. Budget trailer legislation as part of the 2021 ‑22 budget package, Chapter  73 of 2021 (S B  158 , Committee on Budget and Fiscal Review), restructured and increased the charges that support HWCA and TSCA.
https://lao.ca.gov/Publications/Report/4497

The 2022-23 Budget: Special Education Proposals

Jan 25, 2022 - SELPAs are typically a regional consortium of local education agencies (LEAs) —school districts, charter schools, and county offices of education (COEs) —that coordinate special education funding and services, with large districts often serving as their own SELPA.
https://lao.ca.gov/Publications/Report/4494

Minimum wage. [Ballot]

Jan 24, 2022 - 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/BallotAnalysis/Initiative/2021-043

2021-22 “Big Three” Revenue Outlook Update: January 2022 [EconTax Blog]

Jan 21, 2022 - We currently project that there is a strong chance that collections from the state ’s “big three ” taxes —personal income, sales, and corporation taxes —will exceed the Governor ’s Budget assumption of $184.6 billion in 2021-22.
https://lao.ca.gov/LAOEconTax/Article/Detail/722

Taxpayer protection and government accountability. [Ballot]

Jan 19, 2022 - Local governments use revenues from taxes and fees to fund a variety of services, like fire and polic e, public works, and parks. Current Requirements to Approve Taxes and Fees.   State law requires increases in local taxes to receive approval of the local governing body —for example, a city council or county board of supervisors —as well as approval of voters in that local jurisdiction.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-042

U.S. Retail Sales Update: December 2021 [EconTax Blog]

Jan 14, 2022 - U.S. retail sales (seasonally adjusted) dropped 1.9 percent from November to December. Nonetheless, sales remained 17 percent above last December.
https://lao.ca.gov/LAOEconTax/Article/Detail/721

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - The remaining $200  million would be allocated to the state ’s 61 local health jurisdictions (LHJs) (58 counties and 3 cities), with funding allocated based in part on each LHJ ’s population share, level of poverty, and racial/ethnic make ‑up.
https://lao.ca.gov/Publications/Report/4492

K-12 Funding by Source [EdBudget]

Jan 12, 2022 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b Excludes funding for child care programs administered by the California Department of Social Services
https://lao.ca.gov/Education/EdBudget/Details/588

Theft crimes. [Ballot]

Jan 12, 2022 - County Jail and/or Community Supervision.  People who have no current or past convictions for serious, violent, or sex crimes are typically sentenced to county jail or supervision in the community by a county probation off icer, or both.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-041