How Will Aging Baby Boomers Affect Future Property Tax Revenues?

Jun 20, 2017 - Turnover Key to Property Tax Growth Under Proposition  13, Property Turnover Drives Property Tax Growth. Proposition  13 was a landmark decision by California ’s voters in 1978 to limit property taxes.
https://lao.ca.gov/Publications/Report/3693

The 2017-18 Budget: California Competes Tax Credit

Feb 27, 2017 - The first businesses that negotiated California Competes tax credit agreements with GO-Biz in 2014 were allowed to claim tax credits against their 2014 tax year income tax liability (provided they achieved their hiring and investment targets).
https://lao.ca.gov/Publications/Report/3586

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

California’s Fiscal Outlook: The 2011-12 Budget [Publication Details]

Nov 10, 2010 - California’s Fiscal Outlook: The 2011-12 Budget [Publication Details] Video Description: Our forecast of California’s General Fund revenues and expenditures shows that the state must address a budget problem of $25.4 billion between now and the time the Legislature enacts a 2011‑12 state budget plan.
https://lao.ca.gov/Publications/Detail/2365

Volatility of the Personal Income Tax Base

Feb 8, 2017 - California’s PIT Tax Base The tax base used by California for its personal income tax is similar to the federal government ’s, but is set in state law. Figure  2 summarizes the major components of the state ’s PIT tax base as reported on federal and state tax forms.
https://lao.ca.gov/Publications/Report/3548

The 1986-87 Budget: Perspectives and Issues [Publication Details]

Feb 1, 1986 - Here, we discuss the state's fiscal condition in 1985 and 1986, explain the state's budgetary prospects beyond the upcoming year, and provide a more detailed examination of revenues and expenditures.
https://lao.ca.gov/Publications/Detail/2049

California’s First Film Tax Credit Program

Sep 29, 2016 - The state ’s corporation tax was most significantly affected —we estimate that nearly $700  million in tax credits, 87  percent of the total, will be applied against corporation tax liabilities. Just over $100  million in film tax credits will be used to request refunds of sales and use tax.
https://lao.ca.gov/Publications/Report/3502

The 2019-20 Budget: California Spending Plan—Conformity [Publication Details]

Oct 17, 2019 - This post describes the 2019-20 budget actions changing state individual and business tax provisions (partial tax conformity).
https://lao.ca.gov/Publications/Detail/4100

Common Claims About Proposition 13

Sep 19, 2016 - The year before Proposition  13 passed, property taxes comprised over 90  percent of cities ’ and counties ’ local tax revenue. Today, that share is less than two –thirds . Cities and Counties Have More Control Over Sales, Hotel, and Utility Taxes Than Property Taxes.
https://lao.ca.gov/Publications/Report/3497

Evaluation of a Sales Tax Exemption for Certain Manufacturers [Publication Details]

Dec 11, 2018 - Evaluation of a Sales Tax Exemption for Certain Manufacturers [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/3907