July 2020 Tax Payments Tracker [EconTax Blog]

Jul 17, 2020 - July 2020 Tax Payments Tracker [EconTax Blog] Brian Weatherford In a normal year, April and June are key months for state personal income tax and corporation tax collections, while July is relatively uneventful.
https://lao.ca.gov/LAOEconTax/Article/Detail/499

The 2023-24 Budget: State and Federal One-Time K-12 Funding [Publication Details]

Mar 10, 2023 - The 2023-24 Budget: State and Federal One-Time K-12 Funding [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/4734

Assessing California's Climate Policies—The 2022 Scoping Plan Update

Jan 4, 2023 - Moreover, the 2017 plan then identified cap ‑and ‑trade as the state policy that would serve as a “backstop ” to ensure the state meets its target. That is, the plan explicitly stated that to the degree other policies collectively fell short of meeting the state ’s GHG reduction goals —sometimes referred as an emissions gap —the cap ‑and ‑trade program would reduce emissions further to make up the difference.
https://lao.ca.gov/Publications/Report/4656

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

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - (Other options for using one ‑time Proposition  98 settle ‑up funds include addressing student learning loss and reducing districts ’ unfunded pension liabilities.) Two Main Options Regarding Timing.
https://lao.ca.gov/Publications/Report/4307

Overview and Status of Major Federal and State Broadband Programs and Projects [Publication Details]

Mar 7, 2023 - Overview and Status of Major Federal and State Broadband Programs and Projects [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/4727

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

Jan 13, 2023 - Because the State Constitution requires the state to pass a balanced budget, the Governor must propose solutions when the administration estimates the state faces a budget problem. The state has many types of solutions —or tools —for addressing a budget problem, but the most important include: reserve withdrawals, spending reductions, revenue increases, and cost shifts (for example, between funds).
https://lao.ca.gov/Publications/Report/4662

The 2023-24 Budget: Department of Community Services and Development

Feb 9, 2023 - In 2021-22, CSD also began to administer the state ’s new California Arrearage Payment Program (CAPP), providing payments directly to energy utility providers to offset customer debts accrued during the COVID-19 pandemic.
https://lao.ca.gov/Publications/Report/4674

Income Tax Withholding Tracker: February 1 - February 19 [EconTax Blog]

Feb 19, 2021 - Nonetheless, given the pace and severity of the shift in the state ’s economy resulting from the COVID-19 pandemic, tracking monthly withholding is a useful way to assess the state ’s evolving economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/627

The 2019-20 Budget: Increasing Compliance With Unclaimed Property Law [Publication Details]

Mar 15, 2019 - To address this problem, the Governor’s budget proposes allocating resources to the State Controller's Office (SCO) for more audits of potential holders. We agree with the Governor’s goal to increase holder compliance.
https://lao.ca.gov/Publications/Detail/3978