The 2020-21 Budget: Fresno Integrated K-16 Education Collaborative [Publication Details]

Mar 11, 2020 - In this post, we analyze the Governor’s proposal to provide $17 million one-time General Fund to establish the Fresno Integrated K-16 Education Collaborative. The primary objective of the proposal is to create more education pathways in the greater Fresno region that help students transition from high school into college and the workforce.
https://lao.ca.gov/Publications/Detail/4199

Analysis of California’s Physician-Supervision Requirement for Certified Nurse Midwives

Mar 11, 2020 - As shown in Figure  1, to practice, a nurse midwife typically must attend six  years of post ‑secondary education and training. OB ‑GYNs, on the other hand, must attend 12  years of post ‑secondary education and training, including residency.
https://lao.ca.gov/Publications/Report/4197

The 2020-21 Budget: Proposition 2 Debt Payment Proposals

Mar 10, 2020 - In those intervening years, there would be a difference between the rate the state is paying and the rate the state would pay if the CalSTRS board had full rate setting authority. In dollar terms, this difference would very roughly equal $ 525  m illion in the first year, $ 350  m illion in the second year, and $ 175  m illion in the third year.
https://lao.ca.gov/Publications/Report/4196

The 2020-21 Budget: Proposition 2 Debt Payment Proposals [Publication Details]

Mar 10, 2020 - The Governor offers one strategy to prioritize these funds over the next few years. Notably, the Governor focuses on the state’s share of the unfunded liability for teachers’ pensions. While we agree this focus makes sense, the amounts the Governor proposes dedicating to this purpose are not connected to the specific actuarial needs of the teachers’ pension system.
https://lao.ca.gov/Publications/Detail/4196

The 2020-21 Budget: Governor’s Computer Science Proposals [Publication Details]

Mar 10, 2020 - In this post, we analyze the Governor’s proposals to increase the capacity of school districts to teach computer science. We first provide background on computer science in California schools, then describe the Governor’s proposals, assess the proposals, and offer associated recommendations.
https://lao.ca.gov/Publications/Detail/4198

The 2020-21 Budget: Governor’s Computer Science Proposals

Mar 10, 2020 - In addition, as previously mentioned, computer science is not required for a student to graduate high school or be accepted into a four-year university. Moreover, academic performance in computer science is not measured in the California School Dashboard.
https://lao.ca.gov/Publications/Report/4198

Cannabis Tax Revenue Update [EconTax Blog]

Mar 6, 2020 - If revenue over the next two quarters grew at the same pace as it did in calendar year 2019, the 2019-20 total would be $465 million. If, instead, revenue grew as slowly as it did this past quarter, 2019-20 revenue would be roughly $434 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/441

Excess ERAF: A Review of the Calculations Affecting School Funding [Publication Details]

Mar 6, 2020 - Earlier this year, the Newsom administration began to address one of these concerns. In this report, we recommend the Legislature direct the administration to enforce state law on our other two concerns.
https://lao.ca.gov/Publications/Detail/4193

Excess ERAF: A Review of the Calculations Affecting School Funding

Mar 6, 2020 - In Test  1 years, the minimum guarantee equals a fixed percentage of state General Fund revenue, plus whatever amount of property tax revenue schools and community colleges receive that year. In Test  1 years, increases or decreases in property tax revenue have a dollar ‑for ‑dollar effect on school funding.
https://lao.ca.gov/Publications/Report/4193

Building Permits Update: January 2020 [EconTax Blog]

Mar 5, 2020 - The multifamily housing permit total of 4,259 was right in line with the January average over the past five years, although nearly a third lower than the 6,356 units the state recorded last January. The single family housing permit total of 4,938 was in the middle of the narrow range of monthly totals we have observed since March 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/440