Recent Revenues Coming in Below Governor's Budget Projections [EconTax Blog]

Jan 22, 2024 - Individuals with substantial capital gains and other non-wage income make quarterly estimated tax payments to meet state tax requirements. As shown in the figure  below, January estimated tax payments from these taxpayers are running well below targets needed to meet the Governor 's budget revenue levels for 2023-24.
https://lao.ca.gov/LAOEconTax/article/Detail/795

Recent Revenues Coming in Below Governor's Budget Projections [EconTax Blog]

Jan 22, 2024 - Individuals with substantial capital gains and other non-wage income make quarterly estimated tax payments to meet state tax requirements. As shown in the figure  below, January estimated tax payments from these taxpayers are running well below targets needed to meet the Governor 's budget revenue levels for 2023-24.
https://lao.ca.gov/LAOEconTax/Article/Detail/795

Tracking Changes in the Current- and Prior-Year Proposition 98 Guarantee [EdBudget]

Jan 21, 2025 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/933

The 2021-22 Budget: Educator Workforce Proposals

Feb 19, 2021 - According to the California State Teachers ’ Retirement System, which manages the state ’s pension system for teachers, 3,202 California teachers retired in the second half of 2020 —a 26  p ercent increase relative to 2019.
https://lao.ca.gov/Publications/Report/4381

^[PDF] California's Fiscal Outlook: The 2010-11 Budget

Public employee Retirement Costs Our forecast reflects an increase in the state’s annual payments to four major public employee re‑ tirement programs: pension programs for state and CSU employees, the teachers’ pension program, state and CSU retiree health benefit programs, and pension programs for judges.
https://lao.ca.gov/2009/bud/fiscal_outlook/fiscal_outlook_111809.pdf

LAO Other Government Areas

LAO Other Government Areas General Government All Years20252024202320222021202020192018201720162015201420132012201120102009200820072006200520042003200220012000199919981997199619951994199319921991199019891988198719861985198419831982198119801979197819771976197519741973197219711970196919681967196619651964196319621961196019591958195719561955195419531952195119501949194819471945All
https://lao.ca.gov/Policy-Areas?areaId=5&category=13&year=0&page=8

2022-23 Fiscal Outlook Revenue Estimates [EconTax Blog]

Nov 17, 2021 - We end the post with observations on revenues from each of the state ’s three largest taxes. Revenue Is Surging, But Is It Sustainable? Unprecedented Growth in Revenues. Revenue collections have grown rapidly in recent months.
https://lao.ca.gov/LAOEconTax/Article/Detail/712

LAO Education

As you journey through the report, you will be exposed to information on everything from student diversity and achievement gaps, to student aid and borrowing, to faculty salaries and rising pension costs, to the requirements for becoming a teacher or doctor in California.
https://lao.ca.gov/Policy-Areas?areaId=4&category=4&year=0&page=9

LAO Education

Although the Legislature has various options for providing fiscal relief, we think making additional payments toward districts’ unfunded pension liabilities would offer the greatest fiscal benefit. Paying down these liabilities would improve the funding status of the pension systems and likely reduce district costs over time.
https://lao.ca.gov/Policy-Areas?areaId=4&category=5&year=0&page=8

The 2024-25 Budget: California State University [Publication Details]

Feb 15, 2024 - The 2024-25 Budget: California State University [Publication Details] Description: In this brief, we analyze the Governor’s budget proposals for the California State University (CSU). We also revisit recent CSU one-time initiatives and capital projects.
https://lao.ca.gov/Publications/Detail/4842