The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Caltrans The budget plan for Caltrans includes total expenditures of $14. 2  b illion from all fund sources, an increase of $2. 8  b illion (or 25  p ercent) from the revised 2017 ‑ 18 l evel of expenditures.
https://lao.ca.gov/Publications/Report/3870/10

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - Earned Income Tax Credit (EITC) State EITC Adopted in 2015. The EITC is a personal income tax credit that is intended to reduce poverty among California ’s poorest working families by increasing their after ‑tax income.
https://lao.ca.gov/Publications/Report/3870/12

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The budget assumes that $ 79  m illion of fuel tax revenue will be transferred to the State Parks and Recreation Fund (SPRF) in 2018 ‑19 as a result of Chapter   5 o f 2017 (S B  1 , Beall). This is an increase of $ 25  m illion from the amount transferred in 2017 ‑18, which primarily reflects the full implementation of the fuel tax increases established in S B  1 .
https://lao.ca.gov/Publications/Report/3870/9

The 2018-19 May Revision: LAO Multiyear State Budget Outlook

May 17, 2018 - Together, these one-time spending proposals keep spending growth very low overall in our expenditure projections. As such, these proposals also help prepare the budget to withstand a future recession.
https://lao.ca.gov/Publications/Report/3843

The 2018-19 May Revision: LAO Economic Outlook

May 12, 2018 - While these markets represent a minority of homes in the state, the Bay Area contributes disproportionately to the state’s economic activity and tax revenue. Figure 2 LAO May 2018 Economic Growth Scenario a Percent Change Unless Otherwise Indicated 2017
https://lao.ca.gov/Publications/Report/3829

The 2018-19 May Revision: LAO Revenue Outlook

May 12, 2018 - (Corporations previously avoided paying federal tax on these profi ts by holding them overseas.) Once this one-time tax is paid, corporations may bring these profits back to the U.S. any time (without paying any additional federal taxes).
https://lao.ca.gov/Publications/Report/3830

The 2018-19 Budget: Initial Comments on the May Revision

May 12, 2018 - In large part, this reflects the administration’s projected increase between 2017 and 2019 in the share of income earned by higher income households (who pay higher tax rates under California’s graduated tax structure).
https://lao.ca.gov/Publications/Report/3832

The 2018-19 Budget: Governor's Gann Limit Estimates

Apr 6, 2018 - As described earlier, when local property tax revenue outpaces growth in school district appropriations limits, the state must transfer some of its limit to school districts to ensure that they do not exceed their local limits.
https://lao.ca.gov/Publications/Report/3800

The 2018-19 Budget: Governor's Gann Limit Estimates [Publication Details]

Apr 6, 2018 - The 2018-19 Budget: Governor's Gann Limit Estimates [Publication Details] The 2018-19 Budget: Governor's Gann Limit Estimates Format: HTML Description: The State Constitution limits how much the Legislature can spend from tax revenues.
https://lao.ca.gov/Publications/Detail/3800

The 2018-19 Budget: Repaying the CalPERS Borrowing Plan

Apr 4, 2018 - Whereas the General Fund receives revenues from various taxes and fees that can be used for any public purpose, other funds have programmatic restrictions. For instance, special funds have specific revenue sources (such as user fees) and programmatic uses established in state law.
https://lao.ca.gov/Publications/Report/3797