The Property Tax Inheritance Exclusion

Oct 9, 2017 - Local governments in California —cities , counties, schools, and special districts —levy property taxes on property owners based on the value of their property. Property taxes are a major revenue source for local governments, raising nearly $60  billion annually.
https://lao.ca.gov/Publications/Report/3706

The 2018-19 Budget: Administration of the 2017 Housing Package

Feb 8, 2018 - In 2018-19, proceeds from the charge will be split evenly between (1) grants to cities and counties to update land use planning documents and (2) assistance to homeless individuals and families. Beginning in 2019-20, most of the proceeds will go to cities and counties to fund affordable rental and ownership housing for low- and middle-income households.
https://lao.ca.gov/Publications/Report/3746

The 2022-23 Budget: Secretary of State Request to Waive Business Filing Fees

Feb 7, 2022 - The amount transferred to the General Fund has varied significantly year to year, ranging from $5  million in 2011 ‑12 to $36  million in 2017 ‑18. As a percentage of revenues, the transfer to the General Fund has varied from 9  percent of fee revenues in 2019 ‑20 to 41  percent of fee revenues in 2017 ‑18.
https://lao.ca.gov/Publications/Report/4516

State Assistance to Businesses in Response to COVID-19

Jan 4, 2024 - A metropolitan area is an area that has a city with at least 50,000 residents. A micropolitan area is one that has a city with 10,000 to 50,000 residents. A small town has more than 2,500 residents but fewer than 10,000 residents.
https://lao.ca.gov/Publications/Report/4824

Los Angeles' Bid for the 2024 Olympics and Paralympics

Nov 10, 2016 - In recent IOC submissions, LA  2024 stated that they continue to work with the ownership team of the new Rams Stadium in Inglewood to identify opportunities for Olympic activities there. Beyond Southern California, the plan is for some preliminary soccer matches to occur in selected cities across the United States.
https://lao.ca.gov/Publications/Report/3506

Mental Health Services Act: Proposed Bond to Fund Behavioral Health Facilities and Veterans Housing

Aug 17, 2023 - Most relevant to AB  531, the proposals include $25  billion for home ownership and construction (SB  834 [Portantino]), $10  billion for affordable rental housing and home ownership programs (AB  1657 [Wicks]), and $5.2  billion for substance use treatment and other behavioral health programs (AB  1510 [Jones-Sawyer]).
https://lao.ca.gov/Publications/Report/4790

The 2021-22 Budget: State Board of Equalization

Feb 23, 2021 - A backlog in the Legal Entity Ownership Program. A case management backlog for the Taxpayers ’ Rights Advocate. Governor ’s Proposed 2021 ‑22 Appropriation 30   Percent Higher Than 2019 ‑20 Spending.
https://lao.ca.gov/Publications/Report/4385

The 2022-23 California Spending Plan: Housing and Homelessness

Sep 16, 2022 - Legislation related to the 2022-23 budget renames the Mobilehome Park Rehabilitation and Resident Ownership Program to the MORE Program. The budget provides HCD $100  million General Fund over two years ($25  million in 2022-23 and $75  million in 2023-24) for the program.
https://lao.ca.gov/Publications/Report/4622

The 2023-24 Budget: California Volunteers Proposed Program Expansions

Mar 1, 2023 - Different cities and counties began their programs at varying times, but all are currently scheduled to end by May 2024 when the existing funds run out. CA Volunteers allocated 80  percent of the $185  million to the largest 13 cities in the state using a population ‑based formula ($148  million), and granted 19  percent on a competitive basis to 14 other cities and counties ($35  million).
https://lao.ca.gov/Publications/Report/4723

The 2023-24 Budget: Department of Alcoholic Beverage Control

Feb 24, 2023 - Under the proposal, $20.5  million would be transferred in 2023-24, $16  million in 2024-25, and $12  million in 2025-26. In addition, ABC has indicated that if the above transfer is approved, it would also bring the Alcohol Policing Partnership grant program funding back to its authorized funding level of $3  million.
https://lao.ca.gov/Publications/Report/4705