The 2024-25 Budget: Transportation Budget Solutions

Feb 23, 2024 - This action essentially would allow the state to sustain funding for local projects to which it has already committed and reduce General Fund expenditures. However, this approach would result in the state supporting fewer overall transit and rail improvement projects over the coming years.
https://lao.ca.gov/Publications/Report/4854

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

Nov 15, 2023 - U.S. retail sales have grown 1.5 percent over the last 3 months and 2.5 percent over the last 12 months. Retail sales growth has outpaced inflation over the last 3 months, but not over the last 12 months.
https://lao.ca.gov/LAOEconTax/Article/Detail/788

The 2022-23 California Spending Plan: The State Appropriations Limit

Sep 30, 2022 - The Constitution allows refunds of taxes to be excluded from appropriations subject to limit (see: Section 8(a) of Article XIIIB of the California Constitution). As a result, thes e types of tax refunds are scored as spending rather than revenue reductions.
https://lao.ca.gov/Publications/Report/4631

The 2024-25 Budget: Deficit Update

Feb 20, 2024 - For example, in the Great Recession, the programs with some of the largest expenditure reductions were in health and human services, including to Medi-Cal, which provides health coverage to low-income individuals and the California Work Opportunity and Responsibility to Kids (CalWORKs) program, which provides income assistance to low-inc ome individuals.
https://lao.ca.gov/Publications/Report/4850

The 2023-24 California Spending Plan: Transportation

Oct 16, 2023 - (Self-help counties are those that have passed local sales tax measures dedicated to transportation improvements.) California Highway Patrol The budget provides $3  billion for CHP in 2023-24, which represents a reduction of $106  million (3  percent) relative to 2022-23.
https://lao.ca.gov/Publications/Report/4804

Mental Health Services Act: Impact of Governor's Proposal on Funding for Children and Youth

Aug 10, 2023 - Approved by voters in 2004, the MHSA places a 1  percent tax on personal income over $1  million and dedicates the associated revenues to mental health services. The vast majority ­ of MHSA revenues —at least 95   percent —goes directly to counties, ­ ­ ­ ­which use it to support a variety of services for individuals with or at risk of mental illness.
https://lao.ca.gov/Publications/Report/4786

The 2024-25 Budget: CalFire—Implementation of a 66-Hour Workweek

Mar 19, 2024 - Specifically, based on current revenue projections, to bring the budget into balance over the next few years, the Legislature will have to adopt some combination of ongoing program reductions and tax increases totaling at lea st $30  billion.
https://lao.ca.gov/Publications/Report/4886

Effect of Returning to Historical Estimated Tax Payment Schedule [Publication Details]

Feb 27, 2023 - Effect of Returning to Historical Estimated Tax Payment Schedule [Publication Details] Effect of Returning to Historical Estimated Tax Payment Schedule Format: HTML Description: Returning personal and corporate income tax estimated payment amounts to four equal payments, beginning in tax year 2024, would shift about 8 percent of
https://lao.ca.gov/Publications/Detail/4722

Effect of Returning to Historical Estimated Tax Payment Schedule

Feb 27, 2023 - Effect of Returning to Historical Estimated Tax Payment Schedule Effect of Returning to Historical Estimated Tax Payment Schedule Background Some Taxpayers Make Estimated Tax Payments Throughout the Year.
https://lao.ca.gov/Publications/Report/4722

The 2024-25 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Feb 8, 2024 - The 2024-25 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Summary For 2024-25, the Governor ’s budget proposes $3.7  billion from the General Fund for the state ’s share of SSI/ SSP —an  increase of $121  million (3  percent) over estimated 2023-24 expenditures.
https://lao.ca.gov/Publications/Report/4832