The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - The Legislature can respond to excess revenues by (1)  lowering tax revenues, (2) splitting the excess between taxpayer rebates and one ‑time payments to school and community college districts, or (3) appropriating more money for purposes excluded from the limit.
https://lao.ca.gov/Publications/Report/4473

The Marijuana Control, Legalization and Revenue Act of 2016 (Amendment #1) [Ballot]

Jun 9, 2015 - In addition, state and local governments could also receive revenue from excise taxes, if such taxes were enacted by the Legislature. As noted earlier, a portion of the revenues derived from any excise tax imposed by the Legislature would be deposited in the Public Benefit Fund to benefit various programs including education, health care, and public safety.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-020

Constitutional initiative related to medical marijuana. [Ballot]

Sep 8, 2015 - State and local governments currently collect sales tax on medical marijuana sales. A small number of cities also impose a supplemental tax on medical marijuana sales. We estimate that the total amount of state and local revenue collected statewide from medical marijuana sales and supplemental taxes likely is in the high tens of millions of dollars annually.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-044

Fiscal Outlook Supplement on Proposition 2: True Up Calculations

Dec 3, 2015 - Figure 1 Proposition 2 "True Up " Calculation for 2015-16 ( In Millions) Total taxes from capital gains $13,940 Amount equal to 8 percent of all General Fund taxes -9,610 Subtotals, Capital Gains Taxes Over 8 Percent Threshold ($4,331)
https://lao.ca.gov/Publications/Report/3314

Need-Based Financial Aid Award Amounts [EdBudget]

Aug 27, 2018 - The Cal Grant B Access Award consists of a statuory amount funded by state General Fund ($1,648) and a supplemental amount funded by the College Access Tax Credit. The size of the supplement each year depends on the level of tax credit funds.
https://lao.ca.gov/Education/EdBudget/Details/190

Weak final collection day--April income taxes likely $250 million above projection

Apr 29, 2011 - (Collectively, the PIT and CT are the state's "income taxes.") This will be our final update prior to the Franchise Tax Board's (FTB) release of its preliminary April income tax collection tally a few days from now. 
https://lao.ca.gov/Recommendations/Details/408

April income tax payments $237 million above projections, per FTB preliminary tally

May 4, 2011 - April income tax payments $237 million above projections, per FTB preliminary tally April income tax payments $237 million above projections, per FTB preliminary tally Program: Revenue Finding or Recommendation: Provides description of Franchise Tax Board's preliminary tally of April 2011 personal income tax and corporation tax payments to the state.
https://lao.ca.gov/Recommendations/Details/410

Road Charge Pilot Program Update

Sep 15, 2016 - Essentially, the gas excise tax serves as a proxy charge for road usage, as taxes paid roughly correspond with miles driven. However, over time changes in the type and fuel efficiency of vehicles have eroded the relationship between fuel taxes and road usage.
https://lao.ca.gov/Publications/Report/3499

Proposition 98 Property Tax Estimates Under 2019-20 Budget Package [EdBudget]

Jul 16, 2019 - Proposition 98 Property Tax Estimates Under 2019-20 Budget Package [EdBudget] 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/Education/EdBudget/Details/275

Alternative process for local governments to assess fees for flood control, stormwater management, water, and sewer services (Amendment No. 1). [Ballot]

Feb 3, 2016 - Special Taxes. A tax is called a “special ” tax if its revenues are used for specific purposes. Special taxes are sometimes used to fund water-related services. Processes for Approving Local Property-Related Fees, Assessments, and Special Taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-116