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

December Major Taxes Far Above Projections [EconTax Blog]

Jan 3, 2018 - December Major Taxes Far Above Projections [EconTax Blog] Seth Kerstein December is a major revenue month for the state General Fund. As shown in the table below, the state 's  three main taxes (the personal income tax, the corporate income tax, and the sales and use tax)  combined were $4 billion (28%) above the monthly target reflected in last June 's state budget plan.
https://lao.ca.gov/LAOEconTax/Article/Detail/262

Funding for California’s health care safety net. [Ballot]

Jan 3, 2018 - State Personal Income Tax California Taxes Personal Income. California levies a personal income tax (PIT) on the income of state residents and on income of nonresidents that is derived from California sources.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-047

General obligation bonds to provide funding for certain hospitals that treat children. [Ballot]

Jan 2, 2018 - Fiscal Effects This measure would allow the state to borrow $1.5  billion by selling additional general obligation bonds to investors, who would be repaid with interest using the state ’s general tax revenues.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-045

Long-term Capacity for Debt Payments Under Proposition 2

Dec 21, 2017 - Under these reevaluations, the rainy day fund deposit is revised up (down) if capital gains taxes were higher (lower) than the state ’s prior estimates. The state does not revisit its estimate of the base amount in the true up calculation.
https://lao.ca.gov/Publications/Report/3727

Impose new standards for confining certain farm animals. (Amendment No. 1) [Ballot]

Dec 14, 2017 - To the extent that these higher production costs cause some farmers to exit the business or otherwise reduce overall production and profitability, there could be reduced state and local tax revenues.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-042

Rent control. [Ballot]

Dec 12, 2017 - Sales Tax Levied for Local and State Purposes.  California ’s local governments and the state levy a tax on retail sales of tangible goods. This tax —called the sales and use tax —is a significant source of local and state revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-041

November 2017 State Revenues [EconTax Blog]

Dec 11, 2017 - As shown in the table below, collections from the state ’s three main taxes came in $46 million below the June 2017 budget projection. Positive corporation tax (CT) results were more than offset by personal income tax (PIT) and sales and use tax (SUT) collections coming in below projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/261

October 2017 State Jobs Report [EconTax Blog]

Dec 1, 2017 - Follow @LAOEconTax on Twitter for regular California economy and tax updates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/260

Consumer privacy. [Ballot]

Dec 1, 2017 - The magnitude of the potential impacts on the ec onomy and state and local tax revenue is unknown and would depend on how the state and local governments, businesses, and the public responded to the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-039