2015-16 State Budget Infographic [Publication Details]

Nov 16, 2015 - Since 1950-51, the personal income tax has replaced the sales and use tax as the predominant source of General Fund revenue. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3306

Amador and Mono Counties Triple Flip/ VLF Swap Backfill

Mar 5, 2012 - Under this financing plan, cities and counties receive increased property tax revenues from two sources: (1) countywide property tax accounts known as the Educational Revenue Augmentation Fund (ERAF) and, if ERAF resources are not sufficient, (2) base K-14 district property tax revenues.
https://lao.ca.gov/Recommendations/Details/565

Initiative Constitutional Amendment and Statute: Changes Requirements for Certain Property Owners to Transfer Their Property Tax Base to Replacement Property. [Publication Details]

Jun 11, 2018 - Initiative Constitutional Amendment and Statute: Changes Requirements for Certain Property Owners to Transfer Their Property Tax Base to Replacement Property. [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3863

Unemployment Insurance Fund Insolvency

Mar 6, 2012 - The federal portion of UI employer taxes is primarily used to fund administration at the state and federal leve l. The federal unemployment tax rate is 6.2 percent. However, when the state is in compliance with federal program requirements, California employers receive a credit (known as the Federal Unemployment Tax Act [FUTA] credit) of 5.4 percent, lowering the effective federal tax rate to 0.8 percent.
https://lao.ca.gov/Recommendations/Details/555

The 2019-20 Budget: Structuring the Budget: Reserves, Debt and Liabilities

Feb 5, 2019 - Revenues from taxes and fees are the major sources of available resources. The three largest sources of state revenues are the personal income tax (PIT), sales tax, and corporation tax. While some revenue sources, like the sales tax, grow relatively steadily from one year to the next, the PIT is quite volatile —in most years growing by billions of dollars and in some years shrinking by billions of dollars.
https://lao.ca.gov/Publications/Report/3925

Voter Requirements for Local Taxes [Publication Details]

Mar 7, 2018 - Voter Requirements for Local Taxes [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/3773

Climate Change Impacts Across California - Transportation

Apr 5, 2022 - Furthermore, as vehicles become more efficient, gas tax revenues—which currently represent the primary source of state funds for transportation projects—may not provide as much funding for future efforts.
https://lao.ca.gov/Publications/Report/4576

Recap: December 2016 State Jobs Report [EconTax Blog]

Mar 3, 2017 - Follow @LAOEconTax on Twitter for regular California economy and tax updates.
https://lao.ca.gov/LAOEconTax/Article/Detail/231

Initial Comments on the Governor's May Revision

May 15, 2015 - This total consists of $7.0 billion higher personal income tax (PIT ) revenues —offset by the $380 million EITC proposal described below —$593 million higher corporation tax revenues, and $320 million higher sales and use tax revenues.
https://lao.ca.gov/Recommendations/Details/845

No Blank Checks Initiative [Ballot]

Feb 27, 2015 - State general obligation bonds are guaranteed by the state government ’s full faith and credit and are generally repaid using the state ’s general tax revenues. Local general obligation bonds are typically funded by increased property taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-003