Income Tax Withholding Tracker: August 31 - September 4 [EconTax Blog]

Sep 4, 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/539

Statutory initiative that would establish a statewide vote to express the intent of California voters to seek independence from the United States of America. [Ballot]

Sep 4, 2020 - Calls for Voters to Respond to a Question on Independence in November 2024. This measure calls for voters to consider a question related to independence on November 5, 2024 —a date when a statewide election is scheduled to be held.
https://lao.ca.gov/BallotAnalysis/Initiative/2020-001

Building Permits Update: July 2020 [EconTax Blog]

Aug 31, 2020 - This was the largest monthly total this year, although it was only a hair above January which is typically a very weak month whereas July is typically strong. The single family permit total of 5,266 was slightly above the July 2019 and June 2020 figures, and well above the 2015-2019 average for July.
https://lao.ca.gov/LAOEconTax/Article/Detail/536

An Update on California’s Cash Management Situation

Aug 31, 2020 - Meanwhile, the state ’s 2020-21 budget package took steps to begin payment deferrals to schools at the end of 2019-20. As a result, payments to schools in June of 2020 were only $300  million, compared to $6  billion anticipated earlier this year.
https://lao.ca.gov/Publications/Report/4266

Income Tax Withholding Tracker: August 24 - August 28 [EconTax Blog]

Aug 28, 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/535

Home Prices Update: July 2020 [EconTax Blog]

Aug 25, 2020 - Home Prices Update: July 2020 [EconTax Blog] Home Prices Update: July 2020 August 25, 2020 Brian Uhler Home prices are important to the California economy for a number of reasons. In the short and medium terms, home price increases often drive construction activity, which in turn spurs employment growth in a wide range of sectors.
https://lao.ca.gov/LAOEconTax/Article/Detail/533

August 2020 Cap-and-Trade Auction Update [EconTax Blog]

Aug 25, 2020 - While the enacted 2020-21 budget package does not include a detailed discretionary expenditure plan, it does appropriate $134 million to support state departments ’ administration of programs allocated GGRF in prior years. 2020-21 Auction Revenue Subject to Substantial Uncertainty.
https://lao.ca.gov/LAOEconTax/Article/Detail/532

Contributions to CalSTRS [EdBudget]

Aug 24, 2020 - Final rates and amounts for those years will vary based on actual actuarial experience (including actuarial losses in 2019-20) and other factors. Amounts may not add to total due to rounding. a Reflects effective rates for school districts and community college districts.
https://lao.ca.gov/Education/EdBudget/Details/438

Districts' Pension Contribution Rates and Amounts [EdBudget]

Aug 24, 2020 - Excludes contributions for classified employees not covered by the CalPERS School Pool. Excludes payments made by the state on behalf of employers. Share of contributions from schools and community colleges for 2019-20 are estimates from CalPERS.
https://lao.ca.gov/Education/EdBudget/Details/439

Changes to Districts' Contribution Rates [EdBudget]

Aug 24, 2020 - Final rates for those years will vary based on actual actuarial experience (including actuarial losses in 2019-20) and other factors. CalSTRS = California State Teachers' Retirement System. CalPERS = California Public Employees' Retirement System.
https://lao.ca.gov/Education/EdBudget/Details/437