The 2024-25 Budget: California's Fiscal Outlook

Dec 7, 2023 - The state also limited businesses from claiming more than $5  million in tax credits. The  state also has increased broad ‑based taxes on  a temporary and permanent basis in similar revenue downturns.
https://lao.ca.gov/Publications/Report/4819

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

Sep 17, 2021 - U.S. retail sales (seasonally adjusted) grew 0.7 percent from July to August. Retail sales remain elevated due to dramatic growth in January and March.
https://lao.ca.gov/LAOEconTax/Article/Detail/694

The 2023-24 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population [Publication Details]

Feb 23, 2023 - The 2023-24 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population [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/4703

The 2021-22 Spending Plan: Human Services

Nov 22, 2021 - TBL specifies that if a child placed in an STRTP requires regular on-site nursing care, the placing agency (namely, the county child welfare agency or probation department) is res ponsible for ensuring the necessary nursing care is provided —either by the STRTP consistent with its treatment model or by the county arranging for that care to be provided utilizing county nursing resources.
https://lao.ca.gov/Publications/Report/4476/3

The 2021-22 California Spending Plan: The State Appropriations Limit [Publication Details]

Aug 30, 2021 - This post describes the legislative and administrative decisions regarding the State Appropriations Limit (SAL) in the 2021‑22 budget process.
https://lao.ca.gov/Publications/Detail/4449

The 2021-22 California Spending Plan: The State Appropriations Limit

Aug 30, 2021 - The Legislature can use excess revenues in three ways: (1)  appropriate more money for purposes excluded from the state appropriations limit (SAL), (2)  split the excess between additional school and community college district spending and taxpayer rebates, or (3)  lower tax revenues.
https://lao.ca.gov/Publications/Report/4449

Cannabis Tax Revenue Update [EconTax Blog]

Feb 22, 2023 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. Proposition 64 created two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/Article/Detail/770

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

Aug 17, 2021 - U.S. retail sales (seasonally adjusted) fell 1.1 percent from June to July. Retail sales remain elevated due to dramatic growth in January and March.
https://lao.ca.gov/LAOEconTax/Article/Detail/684

Did California Enter a Recession Last Fall? [EconTax Blog]

Oct 3, 2023 - First,  it offers an explanation for the recent slowdown in state tax collections. Despite some  improvements in the last few months, tax collections  have  been and are  anticipated to continue to be  weak by historical standards.
https://lao.ca.gov/LAOEconTax/Article/Detail/785

Tax Credit Expansions in the American Rescue Plan [Publication Details]

Apr 13, 2021 - Tax Credit Expansions in the American Rescue Plan [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/4410