Environmental hazards in homes and public facilities. [Ballot]

Jan 11, 2018 - The measure could have several effects on property values and, in turn, local government property tax revenues. Some effects would be positive. For example, the use of bond funds to reduce hazards in homes likely would increase those homes ’ values.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-049

State and local government taxes and fees. [Ballot]

Jan 11, 2018 - The largest local government tax is the property tax, followed by local sales taxes, utility taxes, hotel taxes, and other taxes. In addition to these taxes, local governments levy a variety of fees and other charges.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-050

Proposition 98 Property Tax Revenue Estimates Under Governor's Budget [EdBudget]

Jan 10, 2018 - Proposition 98 Property Tax Revenue Estimates Under Governor's Budget [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/108

The Potential Effects of Ending the SSI Cash-Out

Jan 8, 2018 - Shelter costs include rent, mortgage payments, taxes and insurance on the home, and utilities. The maximum shelter deduction in federal fiscal year 2017 ‑ 18 i s $535 unless there is an eligible elderly and/or disabled household member —there is no cap on deductible shelter costs for these households.
https://lao.ca.gov/Publications/Report/3729

Health insurer financial reserves. [Ballot]

Jan 5, 2018 - As part of the MCO tax legislation, the net income from healt h coverage of insurers subject to the MCO tax was made exempt from the corporate income tax. The provisions of the MCO tax legislation, including exemptions from the corporate inco me tax, are set to expire in July 2019.
https://lao.ca.gov/BallotAnalysis/Initiative/2017-048

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