The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The program authorizes the issuance of bonds backed by personal income tax revenues raised under the Mental Health Services Act (Proposition   63 o f 2004). Before these bonds can be issued, the state must complete a validation process whereby the courts determine whether issuance of the bonds is legal.
https://lao.ca.gov/Publications/Report/3870/8

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The state ’s largest three General Fund taxes —the personal income tax, sales and use tax, and corporation tax —are projected to increase 4  p ercent. Figure 3
https://lao.ca.gov/Publications/Report/3870

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - In addition, the budget includes a $48. 2  m illion reduction in General Fund support for trial court operations in 2018 ‑ 19 i n order to reflect the availability of property tax revenue in accordance with Control Section 15.45 and Section 2578 o f the Education Code.
https://lao.ca.gov/Publications/Report/3870/11

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - About 40   Percent of Increase Covered With Higher Property Tax Revenue. Of total Proposition  98 spending in 2018 ‑19, $54. 9  b illion is state General Fund and $23. 5  b illion is local property tax revenue.
https://lao.ca.gov/Publications/Report/3870/3

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Senate Bill 1 Funding Senate Bill 1 i ncreased fuel taxes and vehicle charges to support existing and new transportation programs. It also repays monies loaned in the past to the General Fund from various transportation accounts.
https://lao.ca.gov/Publications/Report/3870/10

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Earned Income Tax Credit (EITC) State EITC Adopted in 2015. The EITC is a personal income tax credit that is intended to reduce poverty among California ’s poorest working families by increasing their after ‑tax income.
https://lao.ca.gov/Publications/Report/3870/12

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The budget assumes that $ 79  m illion of fuel tax revenue will be transferred to the State Parks and Recreation Fund (SPRF) in 2018 ‑19 as a result of Chapter   5 o f 2017 (S B  1 , Beall). This is an increase of $ 25  m illion from the amount transferred in 2017 ‑18, which primarily reflects the full implementation of the fuel tax increases established in S B  1 .
https://lao.ca.gov/Publications/Report/3870/9

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Proposition  56, approved by voters in 2016, raised state taxes on tobacco products and dedicates the majority of its associated revenues to Medi ‑Cal. The spending plan allocates up to $1. 26  b illion in Proposition   56 r evenues to be spent in Medi ‑Cal in 2018 ‑ 19 o n the following purposes: Up to $821   Million for Provider Payment Increases.
https://lao.ca.gov/Publications/Report/3870/6

Property tax assessment. [Ballot]

Sep 24, 2018 - Other Taxes on Property Sales.   Cities and counties collect taxes on the transfer of homes and other real estate. Statewide, transfer taxes raise around $1  billion for cities and counties. Counties Administer the Property Tax.  
https://lao.ca.gov/BallotAnalysis/Initiative/2018-006

Felony sentencing. [Ballot]

Sep 24, 2018 - Changing the amount of realignment revenue provided to counties likely would require changing the tax rates. In 2018-19, counties are expected to receive a total of over $1.4  billion to pay for the three realigned felon populations described above.
https://lao.ca.gov/BallotAnalysis/Initiative/2018-008