The 2023-24 Budget: Multiyear Budget Outlook

May 23, 2023 - When combined with slightly smaller increases in the local property tax portion of Proposition  98, overall growth in school and community college funding would average around 4.6  percent annually. Operating Deficits Average $18   Billion Annually Under LAO Estimates.
https://lao.ca.gov/Publications/Report/4772

An Update on California’s Cash Management Situation

Aug 31, 2020 - Agency Cash Versus Controller ’s Cash The state ’s main tax revenue agencies (namely, the Franchise Tax Board and the California Department of Tax and Fee Administration) collect tax payments and then transmit those payments to the State Controller ’s Office.
https://lao.ca.gov/Publications/Report/4266

Assessing Recent Changes to California Competes [Publication Details]

Mar 30, 2020 - Assessing Recent Changes to California Competes [Publication Details] Assessing Recent Changes to California Competes Format: HTML Description: California Competes is an economic development tax incentive program that allows the administration to negotiate tax credit agreements with individual companies that agree to meet multiyear hiring and investment targets.
https://lao.ca.gov/Publications/Detail/4213

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - Recently, corporation tax collections have grown faster than anticipated while personal income tax collections have grown somewhat slower. The administration assumes that this pattern will continue. This is because they attribute the pattern to partnerships, which are taxed under the personal income tax, changing to corporations in response to 2017 federal tax changes.
https://lao.ca.gov/Publications/Report/4135

The 2022-23 Budget: Supply Chain and Port Infrastructure Proposals

Feb 15, 2022 - The Governor ’s budget provides $3.5  million from the General Fund in 2022 ‑23 (and $10  million annually from 2023 ‑24 through 2025 ‑26) for DMV to lease dedicated commercial drive test centers in the Bay Area and northern Los Angeles County.
https://lao.ca.gov/Publications/Report/4540

Overview of Initiative Measure to Change Tax Assessment of Commercial Property [Publication Details]

Jun 4, 2020 - Overview of Initiative Measure to Change Tax Assessment of Commercial Property [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/4248