Cannabis Tax Revenue Update [EconTax Blog]

May 31, 2024 - Preliminary Total for First Quarter of 2024: $153 Million. The administration currently estimates that retail excise tax revenue was $153 million in the first of calendar year 2024. The revised estimate for the fourth quarter of 2023 is now $159 million, up slightly from the $157 million preliminary estimate announced in February.
https://lao.ca.gov/LAOEconTax/article/Detail/805

Cannabis Tax Revenue Update [EconTax Blog]

May 31, 2024 - Preliminary Total for First Quarter of 2024: $153 Million. The administration currently estimates that retail excise tax revenue was $153 million in the first of calendar year 2024. The revised estimate for the fourth quarter of 2023 is now $159 million, up slightly from the $157 million preliminary estimate announced in February.
https://lao.ca.gov/LAOEconTax/Article/Detail/805

Cannabis Tax Revenue Update: February 2024 [EconTax Blog]

Feb 27, 2024 - The administration currently estimates that retail excise tax revenue was $157 million in the fourth quarter of calendar year 2023. The revised estimate for the third quarter of 2023 is now $164 million, up 4 percent from the $157 million preliminary estimate announced in November.
https://lao.ca.gov/LAOEconTax/Article/Detail/799

Cannabis Tax Revenue Update: February 2024 [EconTax Blog]

Feb 27, 2024 - The administration currently estimates that retail excise tax revenue was $157 million in the fourth quarter of calendar year 2023. The revised estimate for the third quarter of 2023 is now $164 million, up 4 percent from the $157 million preliminary estimate announced in November.
https://lao.ca.gov/LAOEconTax/article/Detail/799

The 2024-25 Budget: Proposition 98 and K-12 Education

Feb 15, 2024 - Beginning in 2024 ‑25, program is available to schools with an ISP at or above 25 percent. Method of Determining Student Eligibility Schools directly certify students and collect meal applications. Schools directly certify students.
https://lao.ca.gov/Publications/Report/4839

The 2024-25 Budget: College of the Law, San Francisco

Mar 5, 2024 - School’s 2024‑25 Plans CLSF Is Planning to Increase JD Student Tuition Charges. Resident tuition is scheduled to increase by $2,352 (5  percent), reaching $49,383  in 2024 ‑25. The nonresident supplemental tuition charge is also scheduled to increase for the third consecutive year.
https://lao.ca.gov/Publications/Report/4875

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - The SFEU is the state ’s operating reserve and essentially functions like an end-of-year balance. The State Constitution ’s balanced budget provision prohibits the state from enacting a negative SFEU balance for the upcoming fiscal year, in this case, 2024-25.
https://lao.ca.gov/Publications/Report/4902

The 2024-25 Budget: Medi-Cal Fiscal Outlook

Dec 7, 2023 - As the earlier box describes, COVID-19-related enhanced federal funding has been ramping down across calendar year 2023. This results in a $865  million increase in General Fund spending in 2024-25 to backfill the lost federal funding.
https://lao.ca.gov/Publications/Report/4820

The 2024-25 Budget: California Student Aid Commission

Feb 29, 2024 - We  summarize the projected changes for 2024 ‑25 by segment and award type in our Cal Grant Spending and Cal Grant Recipient tables. The higher spending reflects a 3.4 percent projected increase in recipients, primarily for community college entitlement and high school entitlement awards.
https://lao.ca.gov/Publications/Report/4865

Evaluation of a Tax Exemption for Zero-Emission Buses

Apr 15, 2024 - From 2023 to 2025, at least 25  percent of the buses purchased by large transit agencies in each calendar year must be ZEBs. From 2026 to 2028, the ICT imposes a similar 25  percent requirement on small transit agencies while raising the requirement for large transit agencies to 50  percent.
https://lao.ca.gov/Publications/Report/4890