The Definition of Qualified Capital Outlay for the State Appropriations Limit

Feb 18, 2022 - Appropriations subject to the limit are calculated by taking proceeds of taxes and reducing them by excluded spending. Statutory Definition of Qualified Capital Outlay. One important SAL exclusion is qualified capital outlay.
https://lao.ca.gov/Publications/Report/4547

Income Tax Withholding Tracker [EconTax Blog]

Oct 4, 2022 - Income Tax Withholding Tracker [EconTax Blog] Chas Alamo California employers make regular income tax withholding payments for their employees. These amounts are reported every weekday, providing a real-time indication of the direction and magnitude of aggregate change in the employers ’ payroll.
https://lao.ca.gov/LAOEconTax/article/Detail/756

Income Tax Withholding Tracker [EconTax Blog]

Oct 4, 2022 - Income Tax Withholding Tracker [EconTax Blog] Chas Alamo California employers make regular income tax withholding payments for their employees. These amounts are reported every weekday, providing a real-time indication of the direction and magnitude of aggregate change in the employers ’ payroll.
https://lao.ca.gov/LAOEconTax/Article/Detail/756

The 2023-24 Budget: State and Federal One-Time K-12 Funding

Mar 10, 2023 - Some initiatives have interim and final reporting requirements, while others only require final expenditure reports. The state will also receive information on how funds are spent based on unaudited expenditure data schools must report annually.
https://lao.ca.gov/Publications/Report/4734

K-12 Funding by Source [EdBudget]

Aug 14, 2023 - Also includes one-time facility funding and operational expenses of the California Department of Education and certain other agencies. b Includes $938 million increase in funding for arts instruction as required by Proposition 28 (2022). c Includes revenue from property taxes collected in excess of the Local Control Funding Formula allotments, parcel taxes, fees,
https://lao.ca.gov/Education/EdBudget/Details/781

U.S. Retail Sales Update: December 2022 [EconTax Blog]

Jan 18, 2023 - U.S. retail sales (seasonally adjusted) declined 1.1 percent from November to December. The two-month decline was 2.1 percent. In the last 30 years, two-month drops of at least 2 percent have happened around recessions.
https://lao.ca.gov/LAOEconTax/Article/Detail/767

The 2023-24 Budget: Department of Alcoholic Beverage Control

Feb 24, 2023 - In response to the reduced revenues, ABC took several steps to reduce expenditures, including reducing hiring and various program expenditures. For example, in 2021-22, ABC reduced the Alcohol Policing Partnership grant program from $3  million to $1.5  million.
https://lao.ca.gov/Publications/Report/4705

Annual Report on Tax Exemptions for Medicinal Cannabis [Publication Details]

Jun 24, 2022 - Annual Report on Tax Exemptions for Medicinal Cannabis [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/4608

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2022 - Annual Report on Tax Exemptions for Medicinal Cannabis June 24, 2022 Annual Report on Tax Exemptions for Medicinal Cannabis Statutory Data Reporting Requirement. Chapter  837 of 2019 (SB  34, Wiener) established new tax exemptions for donations of medicinal cannabis.
https://lao.ca.gov/Publications/Report/4608

Climate change. [Ballot]

Sep 1, 2023 - Third, should notable contractions occur in the oil and gas sector as a result of new regulations, this could have broader economic impacts and negatively affect other state and local revenue sources such as income taxes or property taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-012