COVID-19: Federal and State Actions Affecting K-12 Education and Child Care [Publication Details]

May 14, 2020 - In this post, we discuss actions the federal and state governments have taken to assist K-12 schools and child care providers in responding to coronavirus disease 2019 (COVID-19).
https://lao.ca.gov/Publications/Detail/4231

Overview of Federal COVID-19 Research Funding

May 13, 2020 - According to the Internal Revenue Service, in tax year 2014, the most recent year with publicly available data, corporations claimed a total of $12.6  billion in federal tax credits for their R &D activities.)
https://lao.ca.gov/Publications/Report/4230

Comparing Early Education Funding Under Governor's Budget and May Revision [EdBudget]

May 11, 2020 - Comparing Early Education Funding Under Governor's Budget and May Revision [EdBudget] a Does not include $9.2 million provided to community colleges for certain child care services. b General Child Care funding for State Preschool wraparound care shown in State Preschool--full day. c Program total does not include $205 million in the 2018-19 budget that will be spent over a
https://lao.ca.gov/Education/EdBudget/Details/251

Income Tax Withholding Tracker: May 4-May 8 [EconTax Blog]

May 8, 2020 - The second graph compares the year-over-year percent change in withholding (withholding this week relative to the same week in 2019) to weekly declines experienced in March , April, and May of 2009, when the state was in the depths of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/463

The 2020-21 Budget: California's Spring Fiscal Outlook

May 8, 2020 - Historically, the state has provided the minimum level of funding for schools and community colleges, even when those levels result in year ‑over ‑year reductions. This approach, however, would involve extraordinary reductions in overall education funding.
https://lao.ca.gov/Publications/Report/4228

State Corrections: Response to COVID-19

May 8, 2020 - U nder this guidance, inmates with influenza-like symptoms are to be tested to determine if they have influenza or COVID-19 —with priority given to symptomatic inmates who are 60 years old or older, have chronic medical conditions, or are immunocompromised.
https://lao.ca.gov/Publications/Report/4229

Weekly Unemployment Claims Update: April 26-May 2 [EconTax Blog]

May 7, 2020 - Department of Labor (DOL) released data on the number of unemployment claims processed by state labor departments during the week of April 19 to April 25. Below we offer some observations on these weekly claims data.
https://lao.ca.gov/LAOEconTax/Article/Detail/462

Judicial Branch Actions Responding to COVID-19

May 6, 2020 - (Existing law generally requires local rules to go into effect on January  1 or July 1 of each year and only after 45 days of public comment have occurred.) The rules must be posted prominently on the court ’s website and must be distributed to relevant stakeholders.
https://lao.ca.gov/Publications/Report/4227

Building Permits Update: March 2020 [EconTax Blog]

May 5, 2020 - The multifamily housing permit total of 3,767 was roughly equal to the March 2019 total, although well below the March average over the past five years. The single family permit total of 3,852 was only modestly below both the March 2019 figure and the 2015-2019 average for March, but it marked a sharp reversal from January and February when permits greatly exceeded the averages for those months.
https://lao.ca.gov/LAOEconTax/Article/Detail/461

Income Tax Withholding Tracker: April 27-May 1 [EconTax Blog]

May 1, 2020 - The second graph compares the year-over-year percent change in withholding (withholding this week relative to the same week in 2019) to average weekly decline experienced in March and April of 2009, when the state was in the depths of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/460