California Economy and Taxes
 



October 2017 State Revenues November 1, 2017

We received preliminary data on October 2017 collections of California's major state taxes.


September 2017 State Revenues October 5, 2017

We have received preliminary data on September 2017 collections of the state's major taxes.


August 2017 State Revenues September 18, 2017

We have received preliminary data from the tax agencies on August 2017 collections of the state's major tax revenues.


May 2017 State Tax Collections June 9, 2017

We have received preliminary information from the state's tax agencies on California's May 2017 major state tax collections.


2017 May Revision: Background on Revenue Issues May 24, 2017

We provide additional detail on several key revenue issues in the May Revision, including administration estimates of capital gains and Proposition 30 revenues.


2017 May Revision: LAO Revenue Outlook May 12, 2017

We discuss our updated state revenue outlook, released as part of our response to the Governor's 2017 May Revision.


March 2017 State Tax Collections April 11, 2017

Based on preliminary tax agency data, March 2017 income tax collection trends were quite positive.


Sales Tax Exemption for Manufacturing and R&D Equipment: An Update March 3, 2017

On March 1, 2017, BOE reported that taxpayers claimed an estimated $165 million of these tax exemptions in 2016—a 6% increase from 2015.


Administration's January 2017 Proposition 30/55 Revenue Estimates February 7, 2017

We display the administration's estimates for this revenue source as of January 2017.


January 2017 State Tax Collections February 6, 2017

We have received preliminary data from tax agencies on January 2017 collections of California's major state taxes.


Sales Tax Rates: Prop. 30 and Comparisons to Other States December 15, 2016

California's sales tax rates are among the highest in the U.S., but different comparisons generate different rankings for California, ranging from second-highest to 11th-highest in the nation.


November 2016 State Tax Collections December 13, 2016

We discuss the preliminary data from tax agencies about November 2016 state tax collections.


Fiscal Outlook: Proposition 30/55 Revenue Estimates November 16, 2016

We provide our updated Proposition 30/55 revenue estimates.


Fiscal Outlook: New LAO Sales Tax Model November 16, 2016

We discuss our office's new sales tax projection model.


September 2016 State Revenues October 18, 2016

We have received preliminary information from tax agencies on September 2016 collections of the state's major taxes.