Need-Based Financial Aid Award Amounts [EdBudget]

Jul 20, 2020 - The UC and CSU summer financial aid award amounts are calculated for a student enrolled in 15 units on a semester calendar. Students who receive the Cal Grant B Access Award also receive a supplemental award funded by the College Access Tax Credit (CATC).
https://lao.ca.gov/Education/EdBudget/Details/406

California Student Aid Commission Budget [EdBudget]

Jul 20, 2020 - California Student Aid Commission Budget [EdBudget]   a Supported by unspent 2019-20 and 2020-21 funds redirected from California Dreamer Service Incentive Grants. b The 2019-20 Budget Act also provided $25 million one time to the Scholarshare Investment Board for the California Kids Investment and Development Savings Program. c Includes Assumption Program of Loans for Education,
https://lao.ca.gov/Education/EdBudget/Details/400

July 2020 Tax Payments Tracker [EconTax Blog]

Jul 17, 2020 - As a result, tax payments made in April and June in a typical year have been spread across April to July this year. For this reason, we report on total collections across April to July instead of focusing on only July.
https://lao.ca.gov/LAOEconTax/Article/Detail/499

Income Tax Withholding Tracker: July 13-July 17 [EconTax Blog]

Jul 17, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/497

U.S. Retail Sales: June 2020 [EconTax Blog]

Jul 16, 2020 - For example, sales by bars and restaurants —another major source of sales tax revenue —were down 26 percent compared to the same time last year.  
https://lao.ca.gov/LAOEconTax/Article/Detail/495

Income Tax Withholding Tracker: July 6-July 10 [EconTax Blog]

Jul 10, 2020 - The first graph compares withholding payments received last week to payments received in the comparable week in 2019, which ran from Monday, July 8 to Friday, July 12 of that year. Withholding was up 25 percent from the comparable week in 2019 .  
https://lao.ca.gov/LAOEconTax/Article/Detail/494

Building Permits Update: May 2020 [EconTax Blog]

Jul 7, 2020 - The multifamily housing permit total of 3,429 was not far below the May 2019 figure, but it was well below the May average over the previous five years. March and April were similarly below their 2015-2019 averages.
https://lao.ca.gov/LAOEconTax/Article/Detail/492

Income Tax Withholding Tracker: June 29-July 3 (UPDATED) [EconTax Blog]

Jul 6, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/490

Income Tax Withholding Tracker: June 22-June 26 [EconTax Blog]

Jun 26, 2020 - The second graph compares the year-over-year percent change in withholding (withholding this week relative to the same week in 2019) to the weekly changes  observed from March through June of  2009, when the state was in the depths of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/488

Weekly Unemployment Claims Update: June 14-June 20 [EconTax Blog]

Jun 25, 2020 - Weekly Unemployment Claims Update: June 14-June 20 [EconTax Blog] Weekly Unemployment Claims Update: June 14-June 20 June 25, 2020 Chas Alamo As a result of the COVID-19 pandemic, California has experienced an unprecedented rise in unemployment since the beginning of March.
https://lao.ca.gov/LAOEconTax/Article/Detail/487