The 2024-25 Budget: CalWORKs

Mar 4, 2024 - Our office independently forecasts CalWORKs grant increases triggered by growth in realignment revenue (a share of state sales tax and vehicle license fee revenues dedicated to counties). While our estimates have differed from the administration ’s previously, at this time our two offices ’ estimates are similar.
https://lao.ca.gov/Publications/Report/4872

The 2024-25 Budget: Property Tax Postponement Program [EconTax Blog]

Feb 29, 2024 - In response to statewide budget challenges, the program was suspended from 2009 to 2014, during which time it no longer accepted applications or made property tax payments to counties. New Structure for Reinstated Program in 2014.
https://lao.ca.gov/LAOEconTax/Article/Detail/800

The 2024-25 Budget: California Student Aid Commission

Feb 29, 2024 - The changes are intended to simplify the form by reducing the number of questions students and families need to answer and transferring data directly from their previous tax filings. After a one ‑year delay in the original launch date, the revised FAFSA is now in the midst of being implemented across the nation for the first time.
https://lao.ca.gov/Publications/Report/4865

The 2024-25 Budget: In-Home Supportive Services

Feb 29, 2024 - Beginning in 2012-13, however, the historical county share-of-cost model was replaced with an IHSS county maintenance-of-effort (MOE), meaning county costs reflect a set amount of nonfederal IHSS costs as opposed to a certain percent of nonfederal IHSS costs.
https://lao.ca.gov/Publications/Report/4868

Review of the Funding Determination Process for Nonclassroom-Based Charter Schools

Feb 29, 2024 - Since charter schools can enroll students from within their authorizer ’s county and adjacent counties, a charter network can serve large portions of the state by having schools authorized in several key counties across the state.
https://lao.ca.gov/Publications/Report/4870

The 2024-25 Budget: Broadband Infrastructure

Feb 28, 2024 - For more information about the number of miles in each county or legislative district and their delivery method, see CDT’s Statewide Middle‑Mile Network Map . Figure 2 Middle ‑Mile Network Miles by  Delivery Method a Delivery Method Percent of Total Network Miles Leases a Data as of January 29, 2024.
https://lao.ca.gov/Publications/Report/4867

Overview of State Bond Debt Service [EconTax Blog]

Feb 27, 2024 - GO bonds must be approved by the voters and their repayment is guaranteed by the state ’s general taxing power. Most of these are directly paid off from the state ’s General Fund, which is largely supported by tax revenues.
https://lao.ca.gov/LAOEconTax/Article/Detail/798

Cannabis Tax Revenue Update: February 2024 [EconTax Blog]

Feb 27, 2024 - Proposition 64 created two excise taxes on cannabis: a retail excise tax and a cultivation tax. Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022.
https://lao.ca.gov/LAOEconTax/Article/Detail/799

Cannabis Tax Revenue Update: February 2024 [EconTax Blog]

Feb 27, 2024 - Proposition 64 created two excise taxes on cannabis: a retail excise tax and a cultivation tax. Chapter 56, Statutes of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022.
https://lao.ca.gov/LAOEconTax/article/Detail/799

The 2024-25 Budget: Insolvency Risks for Environmental and Transportation Special Funds

Feb 27, 2024 - Typically, doing so requires increasing existing taxes or fees or establishing a new revenue stream. In some circumstances, fee or tax increases must be approved by the Legislature or by voters. In  other cases, the Legislature has granted the administration statutory authority to increase charges, sometimes up to a threshold or according to a schedule.
https://lao.ca.gov/Publications/Report/4858