Restrictions on certain oil drilling permits (Amendment #1). [Ballot]

Sep 21, 2023 - This decline would primarily stem from reduced corporate and royalty-related income tax revenues, along with somewhat lesser impacts from decreased sales and use tax revenues. Decreased Local Revenues.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-014

Personal finance education. [Ballot]

Oct 25, 2023 - The state meets the minimum requirement by providing schools with funding from local property tax revenue and state tax revenue. Proposal Requires Students to Complete a Personal Finance Course to Graduate High School.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-022

U.S. Retail Sales Update: February 2023 [EconTax Blog]

Mar 15, 2023 - U.S. retail sales have grown 2 percent over the last 3 months and 5.4 percent over the last 12 months.
https://lao.ca.gov/LAOEconTax/Article/Detail/772

High-quality public schools. [Ballot]

Dec 6, 2023 - The remaining funding is from a combination of local property taxes and federal funding. State Law Regulates School Operations in Many Areas. For example, the law requires school district students to take standardized tests in several subjects, specifies the courses that students must complete to earn a high school diploma, and specifies the reasons a district may suspend or expel a student.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-028

The 2023-24 Budget: County Probation Grants to Support Temporary Increase in the Supervision Population

Feb 23, 2023 - The Governor ’s proposal would commit the state to $8.2  million in discretionary General Fund expenditures, as the state is not required to provide payments to the counties to offset the cost of the workload.
https://lao.ca.gov/Publications/Report/4703

The 2022-23 Budget: California’s Fiscal Outlook

Nov 17, 2021 - Some key areas where expenditures could be lower, include: Medi‑Cal. For a number of years, the state has imposed a tax on managed care organizations’ (MCOs’) Medi‑Cal and commercial lines of business.
https://lao.ca.gov/Publications/Report/4472

The 2023-24 California Spending Plan: Resources and Environmental Protection

Oct 16, 2023 - Specifically, the spending plan shifts a total of $2.3  billion in intended ZEV expenditures to GGRF through 2026 ‑27 —achieving a like amount of General Fund savings —including $720  million in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4807

Sports wagering. [Ballot]

Dec 18, 2023 - At the same time, state and/or local revenues could increase due to required fees (such as regulatory fees), payments (such as a share of sports wagering revenues), or tax revenues from economic activity associated with sports wagering.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-031

The State Appropriations Limit

Apr 21, 2021 - Similar to private employers, the law requires districts to pay a tax equal to 1. 45  p ercent of payroll. We found that nearly all of the $ 650  m illion in mandated expenditures districts currently report are related to the Medicare payroll tax.
https://lao.ca.gov/Publications/Report/4416

The 2023-24 Budget: Crafting Climate, Resources, and Environmental Budget Solutions

Feb 22, 2023 - For instance, Californians who do not file taxes—including some lower‑income households—cannot benefit from the tax credits provided through the federal ZEV incentive program, but are eligible for rebates from the state’s program.
https://lao.ca.gov/Publications/Report/4692