February 2020 State Tax Collections [EconTax Blog]

Mar 19, 2020 - February 2020 State Tax Collections [EconTax Blog] Seth Kerstein February revenue collections from the state ’s three largest taxes —the personal income tax, corporation tax, and sales tax —were ahead of Governor ’s Budget projections by $334 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/442

Tax Expenditure Evaluation [Publication Details]

Feb 22, 2023 - Tax Expenditure Evaluation [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4690

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - Federal programs include tax incentives for households to purchase ZEVs, grants for charging infrastructure, funding for electric buses and truck electrification, and funding to promote cleaner vehicle technologies.
https://lao.ca.gov/Publications/Report/4708

The 2020-21 Budget: The Governor’s Homelessness Plan

Feb 11, 2020 - The MHSA places a 1  p ercent tax on incomes over $ 1  m illion and dedicates the associated revenues to mental health services, the majority of which are administered by counties. The Governor has indicated that he is interested in potential changes to the MHSA.
https://lao.ca.gov/Publications/Report/4152

The 2023-24 Budget: Analysis of the Medi-Cal Budget [Publication Details]

Feb 10, 2023 - The 2023-24 Budget: Analysis of the Medi-Cal Budget [Publication Details] Description: This brief provides an overview of the Governor’s proposed budget for Medi-Cal, assesses the administration’s assumptions on caseload and COVID-19-related policies, and analyzes the Governor’s managed care organization tax proposal.
https://lao.ca.gov/Publications/Detail/4675

Home Price Update: October 2021 [EconTax Blog]

Nov 18, 2021 - All the other large counties in the state have seen growth above 15 percent. Six of the seven counties with the highest growth rates are in the state ’s less expensive inland areas, with San Diego as the exception.  
https://lao.ca.gov/LAOEconTax/Article/Detail/714

The 2023-24 Budget: Overview of Information Technology Project Proposals

Mar 17, 2023 - For example, for the Department of Social Services ’ Child Welfare Services – California Automated Response and Engagement System project, the project D &I approach changed to a combination of agile and traditional approaches because county eligibility workers needed to limit the amount of user testing and training required.
https://lao.ca.gov/Publications/Report/4746

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - SAL = state appropriations limit; CAC = California Arts Council; CSSSA = California State Summer School for the Arts; CDE = California Department of Education; CDFA = California Department of Food and Agriculture; CSL = California State Library; CTC = Commission on Teacher Credentialing; DCA = Department of Consumer Affairs; DCC = Department of Cannabis Control; DFPI = Departm ent of Financial
https://lao.ca.gov/Publications/Report/4616/1

October 2019 State Tax Collections [EconTax Blog]

Dec 9, 2019 - October 2019 State Tax Collections [EconTax Blog] Seth Kerstein Overall, October revenue collections from the state ’s three largest taxes —the personal income tax (PIT), corporation tax, and sales tax —fell $255 million below projections in October.
https://lao.ca.gov/LAOEconTax/Article/Detail/419

What Threat Does Sea-Level Rise Pose to California?

Aug 10, 2020 - To the degree local property tax revenues drop, this also could affect the state budget in some years because the California Constitution could require that losses in certain local property tax revenues used to support local schools be backfilled by the state ’s General Fund.
https://lao.ca.gov/Publications/Report/4261