Results for snohomish county lodging tax from the past 5 years


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The 2024-25 Budget: Temporary Corporation Tax Increases [EconTax Blog]

May 17, 2024 - The May Revisions proposes to not allow businesses to use tax credits to reduce their taxes by more than $5 million for tax years 2025, 2026, and 2027. This would not apply to the low-income housing tax credit.
https://lao.ca.gov/LAOEconTax/Article/Detail/804

The 2024-25 Budget: Temporary Corporation Tax Increases [EconTax Blog]

May 17, 2024 - The May Revisions proposes to not allow businesses to use tax credits to reduce their taxes by more than $5 million for tax years 2025, 2026, and 2027. This would not apply to the low-income housing tax credit.
https://lao.ca.gov/LAOEconTax/article/Detail/804

Mental Health Services Act: Revenue Volatility and the Governor’s Proposal to Reduce Allowable County Reserves

Jul 13, 2023 - Yet, the MHSA tax is perhaps the most volatile source of revenue in the state tax system. Absent other changes, lowering prudent reserve caps as the Governor proposes will only exacerbate county budge ting challenges and place excessive fiscal risk on counties.
https://lao.ca.gov/Publications/Report/4780

The 2024-25 Budget: Preliminary May Revision Analysis for Child Welfare

May 24, 2024 - The change in total funding, which is a net increase of $173  million total funds, reflects the General Fund decrease, offset by projected increases in county and federal expenditures. The General Fund net decrease is driven primarily by: Expiration of one-time funding provided in 2023-24, such as $100  million for Los Angeles County child welfare stabilization and $50  million for flexible county funds to support home-based foster placements.
https://lao.ca.gov/Publications/Report/4909

Cannabis and certain psychedelic drugs. [Ballot]

Dec 18, 2023 - The measure would reduce ongoing costs to the state and local governments by reducing the number of people convicted of entheogenic substance-related offenses incarcerated in state prison and county jail, as well as the number placed under community supervision (such as county probation).
https://lao.ca.gov/BallotAnalysis/Initiative/2023-032

Property taxes. [Ballot]

Aug 4, 2023 - Effects on County Administrative Costs. County governments administer the property tax. The measure ’s changes could affect counties ’ costs to do so. The net effect on county administrative costs is unclear, but likely would not exceed the low tens of millions of dollars annually.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-005

The 2023-24 California Spending Plan: Health

Oct 23, 2023 - If the federal government does not initially approve the MCO tax, the trailer bill legislation grants the administration authority to adjust the structure of the tax as needed to meet federal rules and to resubmit the tax for federal approval.
https://lao.ca.gov/Publications/Report/4810

Homeownership affordability. [Ballot]

Oct 27, 2023 - Local governments rely on a variety of taxes and fees to fund their services, like schools, fire and police, public works, and parks. The property and sales taxes generally are the largest sources of local tax revenue for cities and counties.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-025

The 2024-25 Budget: Department of Health Care Access and Information

Feb 27, 2024 - In particular, the fund ’s revenues in 2022 ‑23, which primarily come from a tax on incomes over $1  million, are 21  percent lower than what was assumed in last year ’s budget. This lower level of revenues results in less funding available to the state and counties over the budget window and fewer resources in the fund ’s reserve.
https://lao.ca.gov/Publications/Report/4860

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Net incomes also depend on other factors, such as taxes.) Minimum Wage as Policy to Address Poverty. Many policymakers view minimum wages as a way to raise incomes and to reduce the number of people experiencing poverty.
https://lao.ca.gov/Publications/Report/4878/3