Need-Based Financial Aid Award Amounts [EdBudget]

Jul 20, 2020 - Students who receive the Cal Grant B Access Award also receive a supplemental award funded by the College Access Tax Credit (CATC). The 2020-21 Budget Act reduces the maximum supplemental award amount from $24 to $12 to reflect a decline in available revenues in the CATC Fund.
https://lao.ca.gov/Education/EdBudget/Details/406

The 2017-18 Budget: The Governor's Cannabis Proposals

Feb 14, 2017 - For example, if licensing entities are significantly delayed in issuing new licenses, there may be limited tax collections and reduced need for BOE tax administration staff in the budget year. Federal Enforcement of Cannabis Laws Uncertain.
https://lao.ca.gov/Publications/Report/3556

Income taxes reportedly over $2 billion below administration's estimate for April

May 1, 2012 - Income taxes reportedly over $2 billion below administration's estimate for April Income taxes reportedly over $2 billion below administration's estimate for April Program: This is an update on 2011-12 year-to-date state personal income tax and corporation tax collections.
https://lao.ca.gov/Recommendations/Details/592

LAO commentary on Facebook IPO and state revenue forecasts

May 15, 2012 - We believe our forecasts are consistent with the small expected statewide increase in these tax bases. In addition, the Facebook IPO apparently will generate significant tax deductions for the company, which will effectively reduce federal tax revenues and tax revenues in various states below what they otherwise would be.
https://lao.ca.gov/Recommendations/Details/596

April 2014 collections are projected to fall from last year's lofty totals.

Apr 14, 2014 - Through the end of March 2014, the state 's "Big Three " General Fund revenues (PIT, corporate income taxes, and sales taxes) were running about $1.2 billion above administration projections for the 2013-14 fiscal year to date.
https://lao.ca.gov/Recommendations/Details/804

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

Background information on LAO's May 2012 economic and revenue forecasts

May 18, 2012 - One key assumption is that Congress and the President will agree, in effect, to extend the “Bush tax cuts,” payroll tax cuts, and certain current-law deadlines related to budget sequestration cuts for federal domestic and defense programs.
https://lao.ca.gov/Recommendations/Details/599

The 2019-20 Budget: California Spending Plan—Judiciary and Criminal Justice

Oct 17, 2019 - The budget plan also assumes that BSCC will receive $26  million in cannabis tax revenue for competitive grants to local governments to assist with public health and safety programs related to cannabis.
https://lao.ca.gov/Publications/Report/4097

The 2022-23 Budget: Analysis of Child Welfare Proposals and Program Implementation Updates

Feb 22, 2022 - Tax Credit for Former Foster Youth: $20  million estimated reduction in revenue to provide fully refundable tax credits of around $1,000 to former foster youth age 18  through  25 who are eligible for the California Earned Income Tax Credit.
https://lao.ca.gov/Publications/Report/4558

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

Jan 11, 2019 - 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/206