The 2021-22 Spending Plan: Natural Resources and Environmental Protection

Oct 18, 2021 - Over the past several decades, the city has applied these taxes to the state ’s share of tidelands revenue, reducing the amount of revenue the state receives. Budget trailer legislation specifies that the state “consents ” to those previous city taxes but prohibits the state ’s share of revenues from being subject to any future local taxes, fees, or assessments without explicit statutory authorization.
https://lao.ca.gov/Publications/Report/4463

The 2021-22 Spending Plan: Natural Resources and Environmental Protection [Publication Details]

Oct 18, 2021 - The 2021‑22 budget package provides a total of $21.7 billion from various fund sources—the General Fund, bond funds, and various special funds—for programs administered by the California Natural Resources and Environmental Protection Agencies. This is a net increase of $4.8 billion (22 percent) compared to 2020‑21 estimated expenditures.
https://lao.ca.gov/Publications/Detail/4463

Income Tax Withholding Tracker: April 20-April 24 [EconTax Blog]

Apr 24, 2020 - Nonetheless, given the pace and possible severity of the shift in the state ’s economy resulting from the COVID-19 pandemic, tracking weekly withholding is worthwhile as a way to assess the state ’s rapidly changing economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/458

The 2022-23 California Spending Plan: Proposition 98

Oct 24, 2022 - The state calculates the minimum guarantee by comparing three main formulas or “tests. ” (Figure  1). Each test takes into account certain inputs, such as state General Fund revenue, per capita personal income, and K-12 student attendance.
https://lao.ca.gov/Publications/Report/4641

State Tax Collections Update: April 2020 to July 2020 [EconTax Blog]

Aug 20, 2020 - State Tax Collections Update: April 2020 to July 2020 [EconTax Blog] Seth Kerstein Bottom Line. Total revenue collections for the state ’s three largest taxes —personal income tax (PIT), sales tax, and corporation tax —across April 2020 to July 2020 came in 9 percent ($4.3 billion) ahead of budget projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/525

The 2022-23 California Spending Plan: Other Provisions

Sep 27, 2022 - Proposed California State Payroll System Information Technology Project The State Controller ’s Office (SCO) and the California Department of Human Resources (CalHR) are currently planning a replacement for the state ’s legacy payroll system —the proposed California State Payroll System (CSPS) information technology (IT) project.
https://lao.ca.gov/Publications/Report/4626

The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - The 2022-23 California Spending Plan: The State Appropriations Limit The 2022-23 California Spending Plan The State Appropriations Limit In the late 1970s, voters passed Proposition  4 (1979), which established appropriations limits on the state and most types of local governments.
https://lao.ca.gov/Publications/Report/4631

Comparing CalWORKs Take-Up Rates Across Demographic Groups

Feb 14, 2023 - If this mother were to apply for California Work Opportunity and Responsibility to Kids (CalWORKs), current state regulations likely would require reporting the relatives’ gift of room and board as income.
https://lao.ca.gov/Publications/Report/4678

The 2023-24 Budget: Medi-Cal Fiscal Outlook

Nov 16, 2022 - Medi ‑Cal, the state ’s Medicaid program, provides health care coverage to over 14  million of the state ’s low ‑income residents. In a typical year, the General Fund covers a little more than 20  percent of total Medi ‑Cal costs, with federal funds and other state and local funds respectively covering the remaining 65  percent and 15  percent of total costs.
https://lao.ca.gov/Publications/Report/4649

New Inflation Poses Not So New Budget Risk [Publication Details]

Dec 15, 2022 - New Inflation Poses Not So New Budget Risk [Publication Details] New Inflation Poses Not So New Budget Risk Format: HTML Description: Persistent high inflation presents federal and state policymakers with an economic problem not seen in roughly four decades.
https://lao.ca.gov/Publications/Detail/4653