Posts by Annie

03 May

California Gas Prices

Gas Tax Increasing to 59.6 Cents Per Gallon Effective July 1

• May 3, 2024
• By Annie

California’s excise tax on gasoline will increase from 57.9 cents per gallon to 59.6 cents per gallon July 1, the California Department...

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26 Apr

State Budget

State Revenue Is 4 Percent Below Forecast for 2023-24 Fiscal Year

• April 26, 2024
• By Annie

General fund revenue was $243 million (1.6 percent) below the governor's budget forecast for March and $5.8 billion (4 percent) below t...

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19 Apr

Waste, Fraud, & Mismanagement

San Francisco Housing Organization Spent Tax Dollars on Bonuses and Gifts for Staff, Audit Reveals

• April 19, 2024
• By Annie

The taxpayer-funded nonprofit HomeRise, one of San Francisco’s developers of affordable housing, misused millions in tax dollars – incl...

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12 Apr

Property Tax, Property Tax Revenue

Property Tax Revenue Increased 7.1 Percent From 2022 to 2023, BOE Reports

• April 12, 2024
• By Annie

The value of assessed property in California increased 6.4 percent from January 1, 2022, to January 1, 2023, to reach $8.3 trillion, th...

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05 Apr

California's Competitiveness

Bipartisan Group of Minnesota Lawmakers Considering Tax Incentive to Attract Data Centers

• April 5, 2024
• By Annie

“A bipartisan group of Minnesota lawmakers is considering a bill that would grant an up-front sales tax break for the construction of l...

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15 Mar

California Taxes, CalTax Foundation

More Than $193.28 Billion a Year in Higher Taxes and Fees Under Consideration by Lawmakers

• March 15, 2024
• By Annie

California’s state lawmakers considered increasing taxes and fees more than $193.28 billion a year during the first two months of 2024,...

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01 Mar

Waste, Fraud, & Mismanagement

Group Carried Out ‘Egregious’ Scheme to Defraud Taxpayers, San Francsico City Attorney Says

• March 1, 2024
• By Annie

San Francisco City Attorney David Chiu announced February 27 that city officials recently uncovered “an egregious and intentional schem...

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16 Feb

Waste, Fraud, & Mismanagement

EDD Intercepts Tax Refund From Victims of Unemployment Insurance Fraud

• February 16, 2024
• By Annie

The Employment Development Department, which is responsible for administering the state’s unemployment insurance benefits, recently int...

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02 Feb

Local Tax Elections, Local Taxes

March Ballots Include 77 Local Tax Measures

• February 2, 2024
• By Annie

When voters cast their ballots in the March 5 presidential primaries, they also will decide the fate of 77 local tax and bond measures ...

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26 Jan

State Budget

Governor’s Proposal Would Limit Use of NOLs for All Tax Years, Budget Committee Told

• January 26, 2024
• By Annie

Governor Gavin Newsom’s budget proposal to increase business taxes by limiting the utilization of net operating loss deductions is more...

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