03 Dec Unemployment Insurance State Forecasts $20.2 Billion Year-End Deficit in Unemployment Insurance Fund August 8, 2023 By CalTax California’s unemployment insurance (UI) fund will end the year with a $20.2 billion deficit, the Employment Development Department (ED...Continue reading
19 Nov State Budget Surplus Could Reach $31 Billion, Triggering State’s Spending Limit, Legislative Analyst Projects August 8, 2023 By CalTax State revenue is increasing at historic rates and could result in a $31 billion dollar surplus to allocate in next year’s budget proces...Continue reading
19 Nov Waste, Fraud, & Mismanagement School District Pays Superintendent More Than $600,000 a Year August 8, 2023 By CalTax James Hammond, the superintendent of the Ontario-Montclair School District, receives compensation of more than $600,000 a year “through...Continue reading
12 Nov Public Opinion Poll Lack of Quality Jobs Has 21 Percent of Californians Considering Moving to Another State, Poll Finds August 8, 2023 By CalTax More than one in five Californians are seriously considering moving to another state because of the lack of well-paying jobs here, acco...Continue reading
12 Nov Local Tax Elections, Local Taxes Voters Approve 13 Taxes and Reject Four in Local Elections August 8, 2023 By CalTax Voters approved 13 local tax measures in elections that concluded November 2, representing a cumulative $50.4 mil...Continue reading
29 Oct State Auditor Elaine Howle Retiring After 21 Years as State Auditor August 8, 2023 By CalTax State Auditor Elaine Howle announced October 25 that she is retiring at the end of the year, marking the end of 21 years as head of the...Continue reading
29 Oct State Budget California’s Revenue Is Nearly $14 Billion Above Forecast August 8, 2023 By CalTax California’s general fund tax revenue is $13.9 billion above the forecast in the 2021-22 state budget, the Department of Finance (DOF) ...Continue reading
29 Oct Waste, Fraud, & Mismanagement Six-Mile BART Extension Is $4.4 Billion Over Budget August 8, 2023 By CalTax “Federal officials expect BART’s four-station extension in downtown San Jose could cost as much as $9.1 billion, or about $4.4 billion ...Continue reading
22 Oct State Budget Governor Projects ‘Historic Budget Surplus’ for Next Fiscal Year August 8, 2023 By CalTax The state government will have another “historic budget surplus” in the next fiscal year, Governor Gavin Newsom said October 20 durin...Continue reading
22 Oct Elections, Local Tax Elections, Local Taxes Santa Cruz Seeks to Convert General Tax Into Special Tax Without Two-Thirds Vote August 8, 2023 By CalTax A local measure on the November 2 ballot in Santa Cruz seeks to convert an existing general tax into a special tax – with 20 percent of...Continue reading