The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Chapter   677 o f 2012 (S B  1128 , Padilla) prohibits CAEATFA from approving more than $ 100  m illion of exclusions in any calendar year. This cap has become more binding over time. Before 2019, exclusions were available for most of the year.
https://lao.ca.gov/Publications/Report/4327

Proposition 34 [Ballot]

Nov 5, 2024 - Were an affected entity to violate Proposition  34 ’s restrictions or engage in bad conduct, it would face penalties (such as the loss of its tax-exempt status and its health care licenses for ten years).
https://lao.ca.gov/BallotAnalysis/Proposition?number=34&year=2024

Districts' Pension Contribution Rates and Amounts [EdBudget]

Aug 18, 2022 - Rates and amounts for subsequent years will be updated based on actual teacher payroll and investment returns, among other factors. b Total contribution amounts are LAO estimates based on creditable compensation.
https://lao.ca.gov/Education/EdBudget/Details/651

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - Whether the worker graduated from high school. Whether the worker lives in Los Angeles County. Whether the worker belongs to a union. Whether the worker works in the manufacturing industry. Whether the worker holds multiple jobs.
https://lao.ca.gov/Publications/Report/4878/4

The 2020-21 Budget: Proposition 98 Education Analysis

Feb 24, 2020 - School districts face fiscal pressures ranging from rising pension costs to higher costs for special education. Though nearly all districts currently hold positive budget ratings, we expect districts to face more difficulty balancing their budgets in the upcoming year.
https://lao.ca.gov/Publications/Report/4174

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - In addition, there are a number of EFC eligibility crite ria that NMDs normally must meet in order to participate, such as being enrolled in school or working. For 2020 ‑21, NMDs who fail to meet these criteria due to COVID-19 may remain in EFC (as long as corresponding federal flexibilities remain in place).
https://lao.ca.gov/Publications/Report/4286/5

Cannabis Tax Revenue Update: May 2023 [EconTax Blog]

May 23, 2023 - Nevertheless, now that cannabis excise taxpayers have filed returns for three of the four quarters of 2022-23, we are starting to get a clearer sense of the revenue total for the fiscal year. Current LAO Estimate for 2022-23: $509 Million.
https://lao.ca.gov/LAOEconTax/Article/Detail/776

The 2022-23 Budget: Analysis of Major UC Proposals

Feb 2, 2022 - Historically, the state has expected UC to draw its freshman admits from the top 12.5  percent of the state ’s high school graduates. As we have noted in previous analyses, UC has been found to be drawing from beyond these pools in recent years and likely will continue to do so.
https://lao.ca.gov/Publications/Report/4511

Proposition 5 [Ballot]

Nov 5, 2024 - Those measures would have raised a couple billion dollars over many years. A lower voter approval requirement also could mean local governments propose more measures. Increased Local Funding for Housing Assistance and Public Infrastructure.
https://lao.ca.gov/BallotAnalysis/Proposition?number=5&year=2024

Changes in University of California General Fund Spending [EdBudget]

Jun 10, 2022 - These amounts are embedded in the restoration and base augmentation totals. c Makes one-time General Fund support provided in previous years ongoing. d Budget does not list specific projects at specific campuses. e Component of the California Institute on Law, Neuroscience, and Education, which is established as part of the California Bench to School Initiative.
https://lao.ca.gov/Education/EdBudget/Details/533