Climate Change Impacts Across California - Transportation

Apr 5, 2022 - Furthermore, as vehicles become more efficient, gas tax revenues—which currently represent the primary source of state funds for transportation projects—may not provide as much funding for future efforts.
https://lao.ca.gov/Publications/Report/4576

The 2022-23 Budget: Transportation Infrastructure Package

Feb 15, 2022 - That is, the Legislature would generally need to repurpose the associated funding for other SAL ‑related purposes, such as tax reductions or an alternative excluded expenditure. (In our recent report, The 2022‑23 Budget: Initial Comments on the State Appropriations Limit Proposal , we cover SAL issues in more detail.)
https://lao.ca.gov/Publications/Report/4536

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - The Legislature would generally need to repurpose the associated funding for other SAL‑related purposes, such as tax reductions or an alternative excluded expenditure. Issues for Legislative Consideration The Legislature may want to modify the Governor ’s proposal so that it best address its priorities.
https://lao.ca.gov/Publications/Report/4540

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - Taxes Business Tax Reductions Lifts Temporary Limits on Business Tax Provisions. The Governor ’s budget proposes to end, one year early, temporary limits on the ability of businesses to use NOL deductions and tax credits to reduce their tax payments.
https://lao.ca.gov/Publications/Report/4492

The 2021-22 Spending Plan: Transportation

Oct 1, 2021 - Of the total spending, $18.6  billion (59  percent) is from special funds, particularly various fuel taxes and vehicle-related fees. The budget act includes $5  billion from the General Fund for transportation programs.
https://lao.ca.gov/Publications/Report/4458

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

May 17, 2021 - If the Legislature wants to make different decisions about this spending (without statutory changes or fund shifts), it can either: (1)  use the funds to make tax rebates and additional payments to schools, (2)  spend on other SAL-excluded purposes, or (3)  use the funds to reduce taxes.
https://lao.ca.gov/Publications/Report/4432

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 Spending Plan: Transportation

Oct 5, 2020 - In particular, reductions in diesel sales tax revenues have reduced funding that supports STA. Gasoline excise taxes are also expected to be lower in 2020 ‑21 than previously predicted. However, Caltrans is able to maintain funding for its programs supported by these revenue sources because it has built up sufficient fund balances.
https://lao.ca.gov/Publications/Report/4272

Impact of COVID-19 on State Transportation Revenues [Publication Details]

Sep 17, 2020 - The state has experienced reductions in gasoline and other tax revenues that support California's transportation system. This post discusses these declines and the potential effects on major state transportation programs.
https://lao.ca.gov/Publications/Detail/4268

Impact of COVID-19 on State Transportation Revenues

Sep 17, 2020 - Fuel Taxes. The state collects various excise taxes on gasoline and diesel. The gasoline excise tax is currently set at 50.5 cents per gallon, while the diesel excise tax is set at 38.5 cents per gallon.
https://lao.ca.gov/Publications/Report/4268?utm_source=t.co&utm_medium=referral&utm_campaign=4268