August 2021 State Tax Collections [EconTax Blog]

Sep 20, 2021 - August 2021 State Tax Collections [EconTax Blog] Seth Kerstein Through the first two months of the 2021-22 fiscal year, collections from the state ’s three largest taxes —personal income, corporation, and sales taxes —are running 20 percent ($3.6 billion) ahead of budget projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/699

August 2021 State Tax Collections [EconTax Blog]

Sep 20, 2021 - August 2021 State Tax Collections [EconTax Blog] Seth Kerstein Through the first two months of the 2021-22 fiscal year, collections from the state ’s three largest taxes —personal income, corporation, and sales taxes —are running 20 percent ($3.6 billion) ahead of budget projections.
https://lao.ca.gov/LAOEconTax/article/Detail/699

The 2024-25 Budget: CalWORKs

Mar 4, 2024 - As mentioned, state TANF programs must meet WPR requirements or face financial penalties. A state ’s WPR requirements are reduced via “caseload reduction credits ” if the state ’s caseload declined within a certain period of time.
https://lao.ca.gov/Publications/Report/4872

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

Feb 29, 2024 - Furthermore, given the state ’s General Fund problem, continuing to operate the PTP program means the Legislature will need to find more solutions in other parts of the state budget. Low Participation and High Administrative Costs.
https://lao.ca.gov/LAOEconTax/Article/Detail/800

Income Tax Withholding Tracker: April 13-April 17 [EconTax Blog]

Apr 17, 2020 - Nonetheless, given the pace and possible severity of the shift in the state ’s economy resulting from the COVID-19 outbreak, tracking weekly withholding is worthwhile as a way to assess the state ’s rapidly changing economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/453

2021-22 Fiscal Outlook Revenue Estimates [EconTax Blog]

Nov 18, 2020 - 2021-22 Fiscal Outlook Revenue Estimates [EconTax Blog] Seth Kerstein In The 2021-22 Budget: California’s Fiscal Outlook , we discussed how the state faces unprecedented uncertainty about its economic future.
https://lao.ca.gov/LAOEconTax/Article/Detail/581

Social media platforms. [Ballot]

Feb 6, 2024 - State Court Costs. This measure likely would increase state court costs and workload from additional civil cases being filed in state courts against social media platforms. The magnitude of this increase in state court costs and workload, however, could depend on several factors.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-035

Changes in California State Library General Fund Spending [EdBudget]

Mar 5, 2024 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/833

The 2024-25 Budget: Food Assistance Programs

Feb 16, 2024 - The federal government gave states the option to provide state-funded food assistance to populations affected by the 1996 policy change (such as legal permanent residents who arrived less than five years ago).
https://lao.ca.gov/Publications/Report/4845

The 2024-25 Budget: Cap-and-Trade Expenditure Plan

Feb 20, 2024 - However, the way in which CARB makes changes to it s allocation of allowances (such as modifying the mix of allowances given away for free to certain industries like utilities versus the number sold at the state ‑run auctions) ultimately will determine the impacts on prices and state  revenues. 2030 Expiration.
https://lao.ca.gov/Publications/Report/4847