Fiscal Outlook: Key Economic Assumptions [EconTax Blog]

Nov 14, 2018 - (The outlook also discusses how state revenues would perform in a hypothetical moderate recession scenario.) The figure below compares our November 2018 near-term economic assumptions to those reflected in the June 2018 state budget package.
https://lao.ca.gov/LAOEconTax/Article/Detail/317

Fiscal Outlook: Focus on Revenues [EconTax Blog]

Nov 14, 2018 - Wayfair allows states to collect SUT from certain out-of-state businesses. The administration plans to start registering out-of-state taxpayers soon. We assume that the administration ’s implementation of Wayfair increases SUT revenue starting in 2019-20, with additional General Fund revenue in the low hundreds of millions initially.
https://lao.ca.gov/LAOEconTax/Article/Detail/318

^[PDF] Current Issues in Special Education Finance

L E G I S L AT I V E A N A LY S T ’ S O F F I C E 3 Trends in Special Education Expenditures  As Special Education Expenditures Increase, Local Funds Cover a Growing Share  The local share of costs increased from 49 percent in 2007-08 to 61 percent in 2017-18.  At Least Two Factors Contribute to Increased Expenditures  “Spillover” from general education cost increases (such as higher teacher
https://lao.ca.gov/handouts/education/2019/Current-Issues-Special-Ed-Finance-042519.pdf

^[PDF] State's Fiscal Outlook Brightens

Finally, major court cases relating to Medi- Cal rates, reimbursement of counties for indigent care costs, and state pensions are pending that could have significant General Fund implications. While the fiscal impacts are most likely to occur after the budget year, it is possible that early settlement of one or more of the cases could have fiscal impacts on 1997-98.
https://lao.ca.gov/reports/1997/update_california_5-1997.pdf

^[PDF] State Correctional Spending Increased Despite Significant Population Reductions

Increases in pension costs and raises given to employees caused employee compensation costs to grow substantially. • Spending on Costs Deferred During Fiscal Crisis. The state is now paying for costs that were deferred during the fiscal crisis, such as furloughing of correctional officers.
https://lao.ca.gov/reports/2020/4145/correctional-spending-020420.pdf

After Furloughs: State Workers’ Leave Balances

The state will pay these liabilities when the employees separate from state service. We note the state also may have incurred other costs due to the furlough policy, such as increased overtime expenses or costs to pay growth in the state ’s unfunded pension liabilities.
https://lao.ca.gov/reports/2013/stadm/leave-balances/state-workers-leave-031413.aspx

State Fiscal Health Index: August 2018 [EconTax Blog]

Oct 3, 2018 - State Fiscal Health Index: August 2018 [EconTax Blog] State Fiscal Health Index: August 2018 October 3, 2018 Justin Garosi Bottom Line: Little change from July. Economic conditions continue to be consistent with historically strong state revenues.
https://lao.ca.gov/LAOEconTax/Article/Detail/310

Fiscal Outlook: Key Economic Assumptions [EconTax Blog]

Nov 15, 2017 - We show the key economic assumptions underlying our new Fiscal Outlook for California.
https://lao.ca.gov/LAOEconTax/Article/Detail/259

Fiscal Outlook: Property Taxes Exceed Budget Expectations [EconTax Blog]

Nov 15, 2017 - Although property taxes are allocated exclusively to local governments, property tax collections still affect the state budget. State funding requirements for schools are met through a combination of property taxes received by schools and state general fund dollars.
https://lao.ca.gov/LAOEconTax/Article/Detail/258

The 2021-22 California Spending Plan: The State Appropriations Limit [Publication Details]

Aug 30, 2021 - The 2021-22 California Spending Plan: The State Appropriations Limit [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/4449