The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - CAC = California Arts Council; CalVet = California Department of Veterans Affairs; CDE = California Department of Education; CDFA = California Department of Food and Agriculture; CDI = California Department of Insurance; CDT = California Department of Technology; SOC = Security Operations Center; IT = information technology; CMD = California Military Department; CPUC = California Public Utilities
https://lao.ca.gov/Publications/Report/4432/6

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Recently, corporation tax collections have grown faster than anticipated while personal income tax collections have grown somewhat slower. The administration assumes that this pattern will continue. This is because they attribute the pattern to partnerships, which are taxed under the personal income tax, changing to corporations in response to 2017 federal tax changes.
https://lao.ca.gov/Publications/Report/4135

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - At the other end of the spectrum, nine districts received 85  p ercent or more of their apportionment funding from local property tax revenue. (In 2019 ‑20, seven of these nine districts were “excess tax ” districts, meaning their local property tax revenue exceeded the entire amount they were entitled to receive under the main community college funding formula.)
https://lao.ca.gov/Publications/Report/4307

The 2023-24 Budget: California Community Colleges

Feb 22, 2023 - Apportionments for those students remain based entirely on enrollment. ( “Basic aid ” or “fully community ‑supported ” districts receive revenue from local property taxes and enrollment fees that exceed what they generate under SCFF, such that the SCFF calculation does not affect their apportionment funding.)
https://lao.ca.gov/Publications/Report/4695

Overview of Federal COVID-19 Research Funding

May 13, 2020 - (This amount excludes federal tax credits. According to the Internal Revenue Service, in tax year 2014, the most recent year with publicly available data, corporations claimed a total of $12.6  billion in federal tax credits for their R &D activities.)
https://lao.ca.gov/Publications/Report/4230

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Based on the recent federal approval of a similar tax in Michigan, federal approval of a reauthorized California MCO tax appears likely. Despite this development, the administration did not propose an extension of the MCO tax in 2019 ‑20, forgoing over $ 1  b illion in General Fund benefit.
https://lao.ca.gov/Publications/Report/3916

The 2022-23 Budget: Analysis of the Care Economy Workforce Development Package

Mar 10, 2022 - Historically, a small statewide payroll tax provided funding for ETP grants but, in recent years, the state has supplemented this longstanding funding source with General Fund monies for targeted training grants.
https://lao.ca.gov/Publications/Report/4572

The 2022-23 Budget: Middle Class Scholarship Program

Mar 30, 2022 - (For context, about 90  percent of tax filers in California are beneath this cap.) Revamped MCS Program Is Much Costlier Than Original Program. In fall 2021, CSAC prepared a cost estimate for the revamped MCS program using more detailed student ‑level data than was available when the 2021 ‑22 budget was enacted.
https://lao.ca.gov/Publications/Report/4581

The 2022-23 Budget: Analysis of Major CCC Proposals

Feb 11, 2022 - (So ‑called “basic aid ” or “fully community ‑supported ” districts whose revenues from local property taxes and enrollment fees are in excess of their total allotment under the funding formula do not receive their funding based on SCFF ’s rules.
https://lao.ca.gov/Publications/Report/4531

The 2020-21 Spending Plan: Higher Education

Oct 16, 2020 - Of the $8.4 billion, $5.1 billion is state General Fund and $3.3 billion is local property tax revenue. Anticipated year-over-year growth in property tax revenue (3.5 percent) is more than offset by a budgeted decline in state General Fund support (14.5 percent).
https://lao.ca.gov/Publications/Report/4284