Strong Tax Collections Belie California's Challenging Fiscal Outlook

Apr 26, 2022 - Strong Tax Collections Belie California's Challenging Fiscal Outlook 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

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

The 2022-23 Budget: Overview of the Spending Plan

Oct 12, 2022 - CARE Act implementation will begin in seven “Cohort I ” counties by October 1, 2023, with the remaining counties to begin implementation no later than December 1, 2024. Medi ‑Cal Coverage Expansion to Remaining Undocumented Populations.
https://lao.ca.gov/Publications/Report/4616

Comparing Taxes on Cannabis to Taxes on Other Products in California [Publication Details]

Dec 17, 2019 - Comparing Taxes on Cannabis to Taxes on Other Products in California [Publication Details] Comparing Taxes on Cannabis to Taxes on Other Products in California Format: HTML Description: In this post, we describe some of the similarities and differences between taxes on cannabis and taxes on other products in California.
https://lao.ca.gov/Publications/Detail/4123

A Key Interaction Between Sales Taxes and Other Taxes on Cannabis Retailers [Publication Details]

Dec 17, 2019 - A Key Interaction Between Sales Taxes and Other Taxes on Cannabis Retailers [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/4124

Impact of COVID-19 on State Transportation Revenues [Publication Details]

Sep 17, 2020 - The state has experienced reductions in gasoline and other tax revenues that support California's transportation system. This post discusses these declines and the potential effects on major state transportation programs.
https://lao.ca.gov/Publications/Detail/4268

The 2023-24 Budget: Overview of the Governor's Budget

Jan 13, 2023 - The Governor ’s budget includes nearly $3  billion in reductions, the largest of which is withdrawing a discretionary principal payment on state ’s unemployment insurance loan (which otherwise is paid by employers ’ payroll taxes).
https://lao.ca.gov/Publications/Report/4662

Minimum wage. [Ballot]

Jan 24, 2022 - Changes in Tax Revenues. The measure would affect income tax and sales tax revenues. Income Tax Revenues. The state collects a personal income tax on income earned within the state, including wages and business owners ’ incomes.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-043

Home Prices Update: November 2020 [EconTax Blog]

Dec 22, 2020 - The graph below shows appreciation over the past 12 months for the state ’s 15 largest counties, and suggests that the shift to remote work has been a key factor in recent price changes. San Francisco has long been northern California ’s largest business hub, and historically a large share of its work force has commuted in from other counties.
https://lao.ca.gov/LAOEconTax/Article/Detail/602

Funding for arts and music education in schools. [Ballot]

Dec 21, 2021 - Public schools are operated primarily by local education agencies (LEAs) —school districts, charter schools, and county offices of education. In 2020-21, California ’s public schools enrolled just over 6  million students from Transitional Kindergarten through grade 12.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-036