U.S. Retail Sales Update: November 2020 [EconTax Blog]

Dec 16, 2020 - U.S. retail sales declined by 1% in November, but total sales Jan.-Nov. 2020 were slightly higher than Jan.-Nov. 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/595

The 2024-25 Budget: Overview of the Governor's Budget

Jan 13, 2024 - For example, the Governor proposes narrowing businesses ’ ability to reduce their tax bill by counting previous losses against their current income. This would generate about $300  million in additional revenue in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4825

Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details]

Apr 26, 2022 - Strong Tax Collections Belie California's Challenging Fiscal Outlook [Publication Details] Strong Tax Collections Belie California's Challenging Fiscal Outlook Format: HTML Description: Given the persistent strength in state tax collections, it may come as a surprise that California’s General Fund likely faces a budget problem in the coming years.
https://lao.ca.gov/Publications/Detail/4590

Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - Strong Tax Collections Belie California 's Challenging Fiscal Outlook April 26, 2022 Tweet Gabriel PetekLegislative Analyst Given the persistent strength in state tax collections, it may come as a surprise that California ’s General Fund likely faces a budget problem in the coming years.
https://lao.ca.gov/Publications/Report/4590

MOU Fiscal Analysis: Bargaining Unit 10 (Professional Scientific)

Aug 14, 2024 - This pay differential would not be considered compensation for the purposes of retirement contributions bu t would be subject to Social Security and Medicare taxes. Bilingual Pay Differential. The employing agency may designate Unit 10 positions as eligible to receive bilingual pay.
https://lao.ca.gov/Publications/Report/4918

U.S. Retail Sales Update: October 2020 [EconTax Blog]

Nov 17, 2020 - U.S. retail sales grew modestly in October. Total sales January-October 2020 were just 0.1% below January-October 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/580

Card Spending Update: October 2020 [EconTax Blog]

Nov 12, 2020 - To do this, we use an index—a weighted average of different spending categories—designed to track movements in California’s sales tax base. In this post, we update the index to include October data and to incorporate data revisions for earlier months.
https://lao.ca.gov/LAOEconTax/Article/Detail/577

Income Tax Withholding Tracker: November 1 - November 30 [EconTax Blog]

Nov 30, 2021 - Income Tax Withholding Tracker: November 1 - November 30 [EconTax Blog] Income Tax Withholding Tracker: November 1 - November 30 November 30, 2021 Brian Uhler Bottom Line:   California income tax withholding collections in November were 32.9 percent above November 2020, and collections to date in fiscal year 2021-22 are 22.7 percent above 2020-21.
https://lao.ca.gov/LAOEconTax/Article/Detail/719

Card Spending Update: September 2020 [EconTax Blog]

Oct 19, 2020 - To do this, we use an index—a weighted average of different spending categories—designed to track movements in California’s sales tax base. In this post, we update the index to include September data.
https://lao.ca.gov/LAOEconTax/Article/Detail/566

California New Car Sales: August 2020 [EconTax Blog]

Oct 16, 2020 - New vehicle registrations have rebounded from record lows in the spring, but remain below pre-recession levels.
https://lao.ca.gov/LAOEconTax/Article/Detail/563