State Fiscal Effects of California’s Minimum Wage

Nov 15, 2017 - As shown in the bottom row of the figure, the higher statewide minimum wage will affect General Fund revenues, primarily due to its effects on the personal income tax (PIT) and the sales and use tax (SUT), the two largest state revenue sources.
https://lao.ca.gov/Publications/Report/3714

The Property Tax Inheritance Exclusion

Oct 9, 2017 - The Property Tax Inheritance Exclusion The Property Tax Inheritance Exclusion Summary Ownership Changes Trigger Higher Tax Bills. Under California ’s property tax system, the change in ownership of a property is an important event.
https://lao.ca.gov/Publications/Report/3706

The Property Tax Inheritance Exclusion [Publication Details]

Oct 9, 2017 - The Property Tax Inheritance Exclusion [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/3706

July 2017 Update: Los Angeles’ Bid for the Olympics and Paralympics

Jul 6, 2017 - For example, the Governor could specify officials in the Franchise Tax Board and the California Department of Tax and Fee Administration to confer as needed with IOC or LA 2024 officials on any Games-related state tax policy issues that are identified in the future.
https://lao.ca.gov/Publications/Report/3695

2017-18 Budget: Control Section 4.11—Position Transparency

Mar 24, 2017 - As DOF has explained to us, the default methodology of the 2015 reconciliation (1) used data from Schedule 7A (also known as the Salaries and Wages Supplement) for the years 2014‑15 , 2013‑14 , and 2012‑13 to determine the “three-year rolling average” of actual filled positions and expenditures and (2) adjusted the 2015‑16 authorized positions and expenditures to equal the three-year rolling average.
https://lao.ca.gov/Publications/Report/3633

Update on Los Angeles’ Bid for the 2024 Olympics

Mar 23, 2017 - The LA  2024 budget plan includes a contingency fund of $488  million (2016  dollars) —equal to 10.1  percent of budgeted expenditures to host the Games. In 2024  dollars, this amount equals $567  million.
https://lao.ca.gov/Publications/Report/3622

The 2017-18 Budget: California State Payroll System

Feb 28, 2017 - In addition, the SCO completed reconciliations for the 100 interfaces that connect with other payroll system payees, such as healthcare providers, retirement savings systems, and tax agencies. Lawsuits Settled.
https://lao.ca.gov/Publications/Report/3590

The 2017-18 Budget: Department of Consumer Affairs

Feb 17, 2017 - The Governor ’s budget proposes $655  million from various funds for support of DCA in 2017 ‑18, which is an increase of $18  million (3  percent) from the current-year estimated expenditures. DCA is supported by fees and other regulatory assessments.
https://lao.ca.gov/Publications/Report/3570

The 2017-18 Budget: Office Of Emergency Services (OES)

Feb 16, 2017 - Most recently, in 2015 ‑16, OES ’s General Fund expenditures for the program were $6.9  million, which was $1.6  million higher than its authority. (The department has covered these costs by redirecting resources from other programs.)
https://lao.ca.gov/Publications/Report/3563

The 2017-18 Budget: The Governor's Cannabis Proposals

Feb 14, 2017 - The administration indicates that the high loan amount was to provide financial flexibility in the event that it decided to propose additional expenditures in the future (such as for increased IT costs).
https://lao.ca.gov/Publications/Report/3556