K-12 Funding by Source [EdBudget]

Jan 12, 2022 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b Excludes funding for child care programs administered by the California Department of Social Services
https://lao.ca.gov/Education/EdBudget/Details/588

The 2022-23 Budget: Office of Planning and Research Budget Proposals

Feb 9, 2022 - DSS also provides public outreach materials for use by counties to increase CalFresh enrollment and to encourage healthy behaviors, such as shopping at farmer’s markets. Economic Relief Programs. To raise awareness of the Golden State Stimulus (GSS) and the California Earned Income Tax Credit (CalEITC) programs, the Franchise Tax Board, in
https://lao.ca.gov/Publications/Report/4523

Creating a new online university administered by the University of California (UC). [Ballot]

Dec 26, 2023 - (CCC also relies on local property tax revenue to cover these costs.) Figure 2 provides key fiscal information for each segment. In 2022-23, the three segments together received a total of $18.6 billion in state General Fund support and a total of $8.6 billion in student tuition revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-034

Cannabis Tax Revenue Update [EconTax Blog]

Nov 30, 2020 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/Article/Detail/583

Climate Change Impacts Across California - Housing

Apr 5, 2022 - For example, over the past decade, six out of ten of the state ’s fastest growing counties have been in the Central Valley and Inland Empire, which are regions that are a comparatively high risk of excessive heat.
https://lao.ca.gov/Publications/Report/4584

2021-22 “Big Three” Revenue Outlook Update: January 2022 [EconTax Blog]

Jan 21, 2022 - We currently project that there is a strong chance that collections from the state ’s “big three ” taxes —personal income, sales, and corporation taxes —will exceed the Governor ’s Budget assumption of $184.6 billion in 2021-22.
https://lao.ca.gov/LAOEconTax/Article/Detail/722

The 2021-22 Budget: Department of Toxic Substances Control

Mar 19, 2021 - For example, should there be a sunset date for tax exemptions on midsized  businesses? Adopt a Tax Package That Raises Sufficient Revenues to Pay for Desired Expenditures. To address the ongoing structural imbalance, we recommend the Legislature adopt a tax structure for TSCA that aligns with its expenditure priorities.
https://lao.ca.gov/Publications/Report/4406

Cannabis Tax Revenue Update [EconTax Blog]

Aug 19, 2020 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/Article/Detail/524

Climate Change Impacts Across California - Transportation

Apr 5, 2022 - Furthermore, as vehicles become more efficient, gas tax revenues—which currently represent the primary source of state funds for transportation projects—may not provide as much funding for future efforts.
https://lao.ca.gov/Publications/Report/4576

The 2022-23 Budget: Medi-Cal Fiscal Outlook

Nov 17, 2021 - Assumed Expiration of the MCO Tax Reauthorization of the MCO Tax Would Generate Billions of Dollars in General Fund Savings Beginning in 2023 ‑24. The MCO tax generates annual General Fund savings in Medi ‑Cal of $1.5 billion or more for each year it is in effect.
https://lao.ca.gov/Publications/Report/4474