7730 Franchise Tax Board
Major Program Changes
  • The Enterprise Data to Revenue (EDR) Project is a multi-year IT project that will modernize the Franchise Tax Boards's (FTB) processes and systems. The EDR Project will be augmented by $152.1 million and 184 permanent positions for the third year of it's implementation. This funding will generate $261.6 million in General Fund revenue for 2013-14, increasing to $684.6 million for 2014-15.

  • As part of a review of the revenue collection functions of the FTB and Employment Development Department (EDD), additional data sharing opportunities have been identified in the near term that will increase revenues. The Budget includes an increase in Personal Income Tax collections of $3 million General Fund by the FTB and $800,000 General Fund by the EDD as a result of these efforts.