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January 2025 Los Angeles Wildfires Impact on Local Property Tax Revenues February 10, 2025
The devastating Los Angeles County fires of January 2025 destroyed thousands of structures, causing significant damage and displacement. This post assesses the implications for property tax revenues. The county faces a $10 billion to $20 billion reduction in assessed property values, estimated to result in a $100 million to $200 million annual property tax revenue loss to affected local governments. The governor's executive order delays tax payments for 218,000 properties until April 2026. By themselves, we expect these delays will have minimal long-term fiscal impacts.
Building Permits Update: June 2018 August 3, 2018
A brief look at housing permit data for June 2018.
Recent Trends in Housing Affordability June 22, 2017
We look at recent trends in housing affordability in some of California's largest metropolitan regions.
2015 Census Data on Incomes September 15, 2016
We discuss new Census data on a variety of topics, including household incomes.
FTB Data: County Income Distributions, 2013 September 12, 2016
We discuss the distribution of incomes across almost all of California's counties based on data from 2013 personal income tax returns filed with the state's Franchise Tax Board.
Additional Data: FTB Income Distributions for Each Available County September 12, 2016
In this post, we display graphics displaying the 2013 income before deductions, as reported in state tax data, for each available California county. This post accompanies an explanatory note on these income distributions here.
July 2016 State Jobs Report August 31, 2016
We discuss California's July 2016 statewide jobs data, as reported by federal and state labor agencies on August 19, 2016.
June 2016 State Jobs and Other Data August 5, 2016
We discuss the report on California employment and unemployment in June 2016, which was released on July 22, and some more recent data too.
April 2016 Jobs Report: Strong Month in the Data May 25, 2016
We discuss the April 2016 monthly jobs report from the Employment Development Department and the U.S. Bureau of Labor Statistics.
U-6: Broader Unemployment Measure Continues to Improve April 22, 2016
The U.S. Bureau of Labor Statistics has released updated data for states' "U-6" measures (broad measures of the unemployed, underemployed, and those who are not looking but who want a job) through the first quarter of 2016.
March 2016 Jobs Report: Unemployment Down, Slow Growth in Payroll Jobs April 15, 2016
We discuss the March 2016 jobs report, released by the California Employment Development Department and the U.S. Bureau of Labor Statistics.
New Report: Perspectives on Helping Low-Income Californians Afford Housing February 9, 2016
In a follow up to California’s High Housing Costs: Causes and Consequences, we offer additional evidence that facilitating more private housing development in the state’s coastal urban communities would help make housing more affordable for low-income Californians.
County Economies: California Arguably Doing Better Than Recent Report Suggests January 26, 2016
We discuss a recent National Association of Counties report on county economies.
Four Factors Affecting Cities' Property Tax Revenues January 13, 2016
This post, the fourth in our property tax series, discusses the primary factors affecting a city government's proportion of the total property taxes collected within its boundaries.
November 2015 Jobs Report December 18, 2015
The U.S. Bureau of Labor Statistics and California's Employment Development Department have released preliminary November 2015 jobs data for the state.