California Fiscal Focus

December 2022

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World Mental Health Day 2022

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      December 2019

      November 2019

      October 2019

      September 2019

      • Aging with Dignity: Building California’s Silver Economy

      August 2019

      July 2019

      June 2019

      • Elevating Our Ambition to Confront California’s Housing Needs

      May 2019

      March 2019

      • February State Revenues Short of Budget Forecasts
      • Plastics Pollution Is Choking Our Oceans
      • California Working to Clear Backlog of Deferred Maintenance

      February 2019

      • State Revenues Opened 2019 Mostly Below Projections
      • California Faces Imperative to Maintain Climate Leadership
      • To Conform or Not to Conform: California’s Unending Tax Law Debate

      January 2019

      • As Governor Releases First Budget Proposal, Controller Reports State Closed 2018 Short of Projections
      • Examining Effects of U.S.-China Tariffs on the California Economy
      • Federal Tax Reform Balloons Deficit, Necessitating Spending Cuts

        December 2018

        • CA Controller Reports State Revenues Top Estimates in November
        • CalSavers Expands Retirement Savings Options for California Workers
        • Voters Weigh in on Fiscal Priorities

        November 2018

        • Controller Reports State Revenues Missed Projections for October
        • California Works to Stem Loss of Use Tax Revenue
        • Cannabis Tax Implementation and Revenue Update

        October 2018

        • State Revenue Outpacing Expectations for September and Fiscal Year
        • Global Vision for Sustainable Ocean Economies Expands
        • Advances in Gender Equity Precursor to Economic Growth

        September 2018

        • CA Controller Reports State Revenues Surpass Projections for August
        • Controller Yee’s Wrap-Up of Key Legislation in 2018

        August 2018

        • CA Controller Reports State Revenues Missed Expectations for July
        • Climate Summit to Address Practical Steps for Cutting Carbon
        • Skills Gap Stymies Gains for One-Third of California Families

        July 2018

        • CA Controller Reports State Revenues Beat Expectations for June and 2017-18 Fiscal Year
        • New State Budget Prioritizes Saving for Next Downturn, Begins to Address Some Persistent Inequities
        • U.S. Supreme Court Rules on Online Sales Taxation and Union Fair-Share Fees

        June 2018

        • With One Month Remaining in Fiscal Year, State Revenues Fall Short of Projections
        • New Reporting Requirements Heighten Focus on Excessive CEO Pay, with Potential to Influence Customers
        • State Pension Funds Employ Many Tools to Improve Corporate Governance

        May 2018

        • With May Budget Revision Imminent, CA Controller Reports State Revenues Exceeding Projections
        • Perspectives on Demand, Supply, and Affordability amid California Housing Shortage
        • California Population Changing with High Housing Costs

        April 2018

        • Beyond Taxation: Robotics and Rising Seas

        March 2018

        • CA Controller Reports State Revenues Behind February Estimates, Ahead for Fiscal Year
        • The Evolution of the Earned Income Tax Credit
        • Accounting Changes Define OPEB Shortfall, Set Reform Path

        February 2018

        • CA Controller Reports 2018 State Revenues Off to Strong Start
        • Exploring the California Impacts of Federal Tax Changes
        • Health Care Reform and the Changing Nature of Work

        January 2018

        • Amid Economic Uncertainty, Controller Yee Echoes Governor’s Restrained Budget Planning
        • State Lands Commission Works to Address Port Climate Risk
        • Climate Action 100+ Carries Paris Momentum into 2018

          December 2017

          • CA Controller Reports November Revenues Exceed Expectations as Retail Sales Remain Strong
          • New Year Rings in New Laws for California
          • Uptick Expected for Federal Funds Rate

          November 2017

          • CA Controller Reports Strong Sales Keep October Revenues in Line with Estimates
          • The Changing Nature of Work and the California Economy

          October 2017

          • CA Controller Reports State Revenue Outpacing Expectations
          • Californians Support Bond Measures for K-14 Facilities
          • CalPERS, Locals, State Work Together to Address Funding Status

          September 2017

          • CA Controller Reports State’s Three Major Taxes Beating Expectations
          • California Moves to Make Employer Retirement Plans Available to All
          • Women Face Steeper Climb to a Long, Comfortable Retirement

          August 2017

          • CA Controller Reports Encouraging July Revenues
          • Foreign Earnings and Repatriation: Evaluating Previous Action and Possible Tax Reform
          • How is the Housing Crisis Hurting California’s Economy?

          July 2017

          • CA Controller Reports Revenues $2.68 Billion Short of 2016-17 Budget Act
          • Putting a Price on Carbon: California’s Cap-and-Trade Program

          June 2017

          • CA Controller’s May Cash Report Shows State Revenues Meeting Revised Estimates
          • Favorable Taxation of Carried Interest Ignites Controversy and Change
          • Pension Funds Work to Advance Long-Term Sustainability and Profit

          May 2017

          • CA Controller’s April Cash Report Shows Sluggish State Revenues
          • State Lands Commission Safeguards Public Access to Natural Treasures
          • Tax Credits Encourage Green Economy Development

          April 2017

          • CA Controller Reports State Revenues Top March Projections
          • Three Studies Show Affordable Care Act Creates Jobs in California
          • Overview of the Medical and Nonmedical Cannabis Industry

          March 2017

          • CA Controller Reports State Revenues Fell Short of February Projections
          • Outdated Tax Structure Leaves “Modern” Roads Crumbling
          • Understanding the New Employment Credit

          February 2017

          • CA Controller Reports State Revenues Top January Projections
          • New Accounting Standards for Retiree Health Costs
          • Retiree Health Valuation Finds Savings from Benefit Design

          January 2017

          • CA Controller Reports “Big Three” State Revenue Sources Fell Below Budget Estimates for December
          • CalPERS Lowers Discount Rate to Safeguard Retirement Benefits
          • CalPERS Strives to Contain Costs

            Octob1er 2016

            • CA Controller Reports State Revenues Continue to Exceed Expectations
            • Regional Difference in Income Tax Liabilities across California
            • Budget Spotlight: General Fund Condition

            September 2016

            • CA Controller Reports State Revenues Beating Estimates after Four Months of Shortfalls
            • How “Unpredictable” is the State’s General Fund Cash Flow?
            • Budget Spotlight: Higher Education Funding since 2008
            • Property Tax Assistance Available for Homeowners

            August 2016

            • CA Controller’s July Cash Report Shows Revenues Well Short of Budget Projections
            • The Cost of Fighting Wildfires in Drought-Plagued California
            • Paying for Wildfire Prevention and Suppression

            July 2016

            • CA Controller’s June Cash report Highlights Volatility of Personal Income Taxes
            • What is Driving Up Costs for the General Fund?
            • General Fund Resources Running Ahead of Expenditures for Foreseeable Future
            • 2014 Tax Revenues on Capital Gains Highest on Record

            June 2016

            • CA Controller’s May Cash Report Shows Lower-than-Expected Revenues
            • Looking Ahead: State Treasurer Identifies Budget Risks
              If You Build It, Repair Costs Will Come
            • Cautions about Potential Effect of Federal Tax Reform

            May 2016

            • CA Controller’s April Cash Report Shows State Revenues Lagging
            • Nationwide, States Face Fiscal Stresses
            • One Way to Avoid Federal Tax Penalties
            • Governor Reagan’s Mid-Year Budget Correction: Proposing Systemic Change

            April 2016

            • CA Controller’s March Cash Report Shows Higher-than-Expected Revenues
            • The Home Mortgage Interest Deduction: Took a Wrong Turn and Just Kept Going
            • The Budget Dance: Are May Revisions Necessary?
            • What to Look for in the April Tax Returns

            March 2016

            • CA Controller’s February Cash Report Shows Revenues Surpassing Estimates
            • How Would a Sales Tax on Services Affect the Tax System’s Overall Progressivity?
            • Department of Finance Expects Disbursements to Exceed Receipts for 8 Months
            • New Health Finance Package

            February 2016

            • CA Controller’s January Cash Report Shows Revenues Falling Short of Estimates
            • Proposed Budget Would Run Monthly Cash Deficit
            • California Expecting Income and Sales Tax Growth to Keep Pace with National Median
            • Estimating Revenues and Spending over the Next Four Years

            January 2016

            • CA Controller’s December Cash Report Shows Revenues Surpass Estimates by $381.7 Million
            • Low Interest Rates Just One Factor in State and Local Debt Issuance
            • Long-Term Outlook: Cost Pressures

              December 2015

              • CA Controller’s November Cash Report Shows State’s Three Major Taxes Beating Expectations
              • Should We Listen to Motown When Considering Tax Reform?
              • The Shifting Importance of the State’s Major Taxes
              • How is the Affordable Care Act Changing Enrollment and State Health Costs?

              November 2015

              • CA Controller’s October Cash Report Shows Robust Income Tax Revenues
              • Growing Incomes among the Wealthy Present Challenges for California Fiscal Policy
              • What do Estimated Payments Portend?
              • Small Shifts in Spending Patterns = Big Changes in Cash Deficit

              October 2015

              • CA Controller’s September Cash Report Shows Revenues Slightly Lower than Estimates
              • Forty-Year Trend: State Revenues as Share of Personal Income Keep Falling
              • Picturing State Receipts and Disbursements
              • A Partial Explanation of Swings in Revenue from Taxes on Capital Gains

              September 2015

              • CA Controller’s August Cash Report Shows Strong Retail Sales and Use Tax Receipts
              • Cash Management: The Decreasing Need for External Borrowing
              • Designing California’s Tax Structure: Should We Expect Revenues to Keep Up with the Economy?
              • The Inexact Science of Estimating Revenues

              August 2015

              • CA Controller’s July Cash Report Shows Revenues Close to Projections
              • Q&A: Why Do Tax Flows Change from Month to Month?
              • Can Tax Reform Be Part of the Budget Process?
              • With CA Spending Swings, Few Months Are “Average”

              July 2015

              • June Cash Report Shows Another Surge to End 2014-15 Fiscal Year
              • Cash Forecast: Rising Confidence in State Finances and Fiscal Management
              • Godot and Recession: What to Expect in the Next Few Budgets
              • A “Failed State” No Longer, California’s Fiscal Health Stronger than Most

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