Revenues totaled more than $12 billion in January, about three percent above estimates.
And those projections were recently revised upward as part of the Governor’s 2014-2015 budget.
Increases in jobs, earnings and capital gains drove up income tax receipts.
The State Controller’s Office says corporate taxes have generally been disappointing.
But in January they were $186 million above estimates. Reduced write-offs could account for the increase.
Consumer spending and sales taxes were the only disappointment, coming in nine percent below expectations.
The State Controller’s Office warns that weak national job numbers in December and January could have ripple effects on consumer spending.
May 30, 2018
Fair Political Practices Commission chairperson Jodi Remke announced Tuesday that she will step down on Friday. It follows months of acrimony with other commissioners.
February 22, 2018
His resignation followed an outside investigation, which found that Mendoza likely engaged in "flirtatious or sexually suggestive" behavior with six different women, including former staffers and fellows. The allegations date back to 2007.
February 20, 2018
A summary of the Senate’s outside investigation comes after the chamber’s Rules Committee met in closed session to discuss Mendoza’s fate for the second weekday in a row.
January 18, 2018
New legislative efforts supporting the “Me Too” anti-harassment movement could change the reporting process for victims filing complaints.
October 26, 2017
Women in California politics, protesting sexual harassment and abuse at the Capitol, distrust the response from legislative leaders.
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