The 2019-20 Budget: Increasing Compliance With Unclaimed Property Law

Mar 15, 2019 - Also, owners of properties that the state escheated long ago may have died or moved to another state, greatly diminishing the chances of reunification. Actual Liability Much Smaller. The state ’s Comprehensive Annual Financial Report (CAFR) —a display of the state ’s finances in compliance with generally accepted accounting
https://lao.ca.gov/Publications/Report/3978

State Fiscal Health Index: January 2019 [EconTax Blog]

Mar 14, 2019 - Knowing when the state ’s next budget slowdown will happen is impossible. Many economic factors outside the state ’s control influence state revenues. Despite this, certain data points can help us understand whether shifting economic conditions are likely to lead to growth or declines in state revenues in the coming months.
https://lao.ca.gov/LAOEconTax/Article/Detail/352

The 2019-20 Budget: Aligning the State’s IT Project Approval Process With the Annual Budget Process

Mar 14, 2019 - CDT, a department within the California Government Operations Agency, is the state ’s central IT organization and has broad authority over all aspects of technology in state government. One of CDT ’s responsibilities is to review and approve IT project proposals received from state agencies and departments.
https://lao.ca.gov/Publications/Report/3976

The 2019-20 Budget: Office of Emergency Services

Mar 13, 2019 - In practice, the state typically allocates funds to grantees over a three ‑year period. State ’s Allocation of VOCA Has Increased Substantially in Recent Years. Starting in 2000, Congress placed a cap on the amount of VOCA funds available to be distributed to states.
https://lao.ca.gov/Publications/Report/3961

CalSTRS Pension Proposals [Publication Details]

Mar 12, 2019 - CalSTRS Pension Proposals [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Detail/3974

February 2019 State Tax Collections [EconTax Blog]

Mar 11, 2019 - February 2019 State Tax Collections [EconTax Blog] Carolyn Chu February Revenues Roughly on Track. Overall, February collections for the state ’s three largest sources of revenue —the personal income tax (PIT), sales tax, and corporation tax —were $117 million ahead of the administration ’s January projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/351

The 2019-20 Budget: Assessing the Governor's 1991 Realignment Proposals

Mar 8, 2019 - Counties pay for 100  p ercent of costs over the state participation cap. (Currently, the state participation cap increases as the state minimum wage increases, remaining $1. 10  p er hour above the state minimum wage.)
https://lao.ca.gov/Publications/Report/3962

The 2019-20 Budget: Assessing the Governor's 1991 Realignment Proposals [Publication Details]

Mar 8, 2019 - The 2019-20 Budget: Assessing the Governor's 1991 Realignment Proposals [Publication Details] Description: This report evaluates the changes the Governor proposes and assesses whether the changes better position 1991 realignment to achieve its intended benefits and meet the principles of a successful state-county fiscal partnership we identified in our October report.
https://lao.ca.gov/Publications/Detail/3962

Considering Options to Expand Paid Family Leave in California [Publication Details]

Mar 7, 2019 - In this handout, we describe the major features of the state's current paid family leave program and compare it to programs in other states and countries. We then outline potential options to expand paid family leave.
https://lao.ca.gov/Publications/Detail/3969

The 2019-20 Budget: Analysis of Proposed Earned Income Tax Credit Expansion

Mar 6, 2019 - Under the administration ’s current estimates, however, the state EITC (including this expansion) is expected to cost $ 410  m illion in 2018 ‑19. State Provides Funding for Outreach. Many community ‑based organizations and other state and local government agencies (such as school districts and county social services offices) engage in efforts to raise awareness about the state and federal EITC.
https://lao.ca.gov/Publications/Report/3960