Home » Posts tagged with » revenue

The 2020 California Tax Grab

The 2020 California Tax Grab

By Larry Sand   Like a bad zombie movie where no one really dies, California’s “split roll property tax” is back. The last time it had a heartbeat was in 2015 via the so-called “Make it Fair” initiative, which was headed for the ballot in 2016. But due to some Democratic pushback, the proposition was pulled, […]

Public Works Director City of Oxnard Responds to ‘A Winning Solution for the City of Oxnard is a Win for Us All’

Public Works Director City of Oxnard Responds to ‘A Winning Solution for the City of Oxnard is a Win for Us All’

    By Rosemarie R. Gaglione It is true that the City of Oxnard is seeking creative solutions to our General Fund budget woes. However, United Water Conservation District Director Sheldon Berger’s recent suggestion to sell Oxnard’s recycled water to United as a way of filling the City’s budget gap is not a viable option. […]

Your Turn: A Winning Solution for the City of Oxnard is a Win for Us All

Your Turn: A Winning Solution for the City of Oxnard is a Win for Us All

    By Sheldon Berger Reports of the City’s $9.2 million shortfall which could result in the closing of Oxnard Performing Arts and Convention Center, Carnegie Art Museum and the La Colonia Branch Library are disconcerting.  However, there is a solution being offered by United Water Conservation District (United) that would eliminate the City’s budget […]

Dick’s Sporting Goods Lost Millions Over Anti-Gun Policies – Here’s How Much The Backlash Cost

Dick’s Sporting Goods Lost Millions Over Anti-Gun Policies – Here’s How Much The Backlash Cost

Molly Prince | Politics Reporter Dick’s Sporting Goods took a loss of an estimated $150 million in sales last year after the company heavily restricted firearm purchases and began advocating for gun control. The company made various policy changes after a school shooting in Parkland, Florida, left 17 dead. It announced it would no longer […]

CA Controller Reports February State Revenues Short of Budget Forecasts

CA Controller Reports February State Revenues Short of Budget Forecasts

SACRAMENTO — California’s total revenues of $5.51 billion in February were lower than forecasted in the governor’s proposed 2019-20 fiscal year budget by $1.34 billion, or 19.5 percent, and in the FY 2018-19 Budget Act by $2.01 billion, or 26.7 percent, State Controller Betty T. Yee reported today. Two-thirds of the way through FY 2018-19, […]

CA Controller Reports State Revenues Opened 2019 Mostly Below Projections

CA Controller Reports State Revenues Opened 2019 Mostly Below Projections

SACRAMENTO — State Controller Betty T. Yee reported California’s total revenues of $18.79 billion in January were lower than estimates in the governor’s 2019-20 fiscal year budget proposal by $1.81 billion, or 8.8 percent, but higher than projections in the FY 2018-19 Budget Act by $1.21 billion, or 6.9 percent. Total revenues of $74.42 billion […]

As Governor Releases First Budget Proposal, CA Controller Reports State Closed 2018 Short of Expectations

As Governor Releases First Budget Proposal, CA Controller Reports State Closed 2018 Short of Expectations

SACRAMENTO — On the day Governor Gavin Newsom proposed his first budget, State Controller Betty T. Yee reported California’s revenues in December fell short of assumptions in the 2018-19 fiscal year budget by $4.82 billion. For the fiscal year, revenues of $55.63 billion are 4.4 percent ($2.54 billion) less than projected in the budget, which […]

CA Controller Reports State Revenues Top Estimates in November

CA Controller Reports State Revenues Top Estimates in November

SACRAMENTO — State Controller Betty T. Yee today reported the state received $9.69 billion in revenue in November, exceeding projections in the 2018-19 fiscal year budget by 15.1 percent, or $1.27 billion. Personal income tax (PIT), sales tax, and corporation tax –– the state’s “big three” revenue sources –– all were higher than expected in […]

CA Controller Reports State Revenue Outpacing Expectations for September and 2018-19 Fiscal Year

CA Controller Reports State Revenue Outpacing Expectations for September and 2018-19 Fiscal Year

SACRAMENTO — State Controller Betty T. Yee today reported the state received $12.10 billion in revenue in September, exceeding projections in the 2018-19 fiscal year budget by 5.1 percent, or $582.4 million. This month, all of the “big three” revenue sources –– personal income tax (PIT), corporation tax, and sales tax –– came in higher […]

CA Controller Reports State Revenues Surpass Projections for August

CA Controller Reports State Revenues Surpass Projections for August

SACRAMENTO — For the month of August, California took in more revenue than estimated in the budget enacted at the end of June, State Controller Betty T. Yee reported today.  Total revenues of $9.98 billion for August were higher than anticipated in the budget by $1.14 billion, or 12.9 percent. For the first two months […]

Page 1 of 512345