The 2022-23 Budget: May Revenue Outlook [EconTax Blog]

May 16, 2022 - While the net effect of these elective payments on state tax revenues is relatively minor, timing issues related to the elective tax result in year-to-year fluctuations in tax collections. The elective tax collections in each fiscal year span two tax years.
https://lao.ca.gov/LAOEconTax/Article/Detail/735

December 2018 and January 2019 State Tax Collections [EconTax Blog]

Feb 6, 2019 - State and Local Tax (SALT) Deduction Created Incentive to Pay State Taxes by the End of the Year. Prior to 2018, all state and local tax payments could be deducted on federal tax returns. This tax deduction created an incentive for filers to pay their state taxes before the end of the calendar year.
https://lao.ca.gov/LAOEconTax/Article/Detail/345

The 2022-23 Budget: Department of Justice Proposals

Feb 11, 2022 - However, certain counties and cities benefit significantly more than others. Specifically, while 12 counties and 8 cities currently use their own resources to support local criminal laboratories, 46  counties generally do not have to use any of their resources for criminal laboratory services.
https://lao.ca.gov/Publications/Report/4527

Home Prices Update: April 2021 [EconTax Blog]

May 20, 2021 - All the other large counties in the state are up at least 10 percent, and still have housing prices far below any of those three.  
https://lao.ca.gov/LAOEconTax/Article/Detail/656

The 2022-23 Budget: Green School Bus Grants

Feb 10, 2022 - For example, Fresno County has a sales tax for transportation, and the county reserves a small portion of this revenue for school bus replacement. Some districts are able to obtain small grants for bus replacement from their local utilities.
https://lao.ca.gov/Publications/Report/4525

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - Between March  2020 and June 2020, counties were able to temporarily suspend reassessments. Beginning July 2020, counties may no longer suspend reassessments and are required to complete all outstanding reassessments which were suspended by December 31, 2020.
https://lao.ca.gov/Publications/Report/4286/3

Fiscal Outlook: Focus on Revenues [EconTax Blog]

Nov 20, 2019 - As shown below, our estimates of the state ’s largest three revenues —personal income tax (PIT), sales and use tax (SUT), and corporation tax (CT) —are just over $1  billion higher than budget assumptions across the two years.
https://lao.ca.gov/LAOEconTax/Article/Detail/414

U.S. Retail Sales Update: December 2021 [EconTax Blog]

Jan 14, 2022 - U.S. retail sales (seasonally adjusted) dropped 1.9 percent from November to December. Nonetheless, sales remained 17 percent above last December.
https://lao.ca.gov/LAOEconTax/Article/Detail/721

Proposition 27 [Ballot]

Nov 8, 2022 - These expenses include: (1)  any bets made with credits from promotional offers, (2)  prize payments, and (3)  federal gambling taxes. Losses, which result when expenses are more than bets, may be used to offset these payments.
https://lao.ca.gov/BallotAnalysis/Proposition?number=27&year=2022

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - To alleviate the corresponding pressure on county budgets, the spending plan caps county contributions to CalFresh administration at their 2019 ‑20 levels, with the state covering the county share for any costs above and beyond those amounts.
https://lao.ca.gov/Publications/Report/4286/2