April 2019: Personal Income Tax Tracker [EconTax Blog]

Apr 2, 2019 - Of this amount, the administration estimates $14.2 billion will come from final and extension payments related to tax year 2018 and estimated payments related to tax year 2019. The figure below tracks daily collections of these “FTB payments. ” The green line represents an estimate of daily collections necessary to meet the administration ’s $14.2  billion projection for the month (based on the historical pattern of payments).
https://lao.ca.gov/LAOEconTax/Article/Detail/360

Building Permits Update: February 2019 [EconTax Blog]

Apr 1, 2019 - Singe family permits were down 14 percent in February compared to a year ago. This follows year-over-year declines of 8 percent in January and 30 percent in December 2018. Last month, we noted that several southern California counties had very strong permitting numbers in January.
https://lao.ca.gov/LAOEconTax/Article/Detail/359

School Facilities [Publication Details]

Mar 28, 2019 - School Facilities [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Publications/Detail/3992

The 2019-20 Budget: Undoing California’s Outstanding Budgetary Deferrals

Mar 26, 2019 - California ’s Outstanding Budgetary Deferrals The state has already undone billions of dollars in outstanding budgetary deferrals, most notably, those involving payments to schools and community colleges.
https://lao.ca.gov/Publications/Report/3988

The 2019-20 Budget: Undoing California’s Outstanding Budgetary Deferrals [Publication Details]

Mar 26, 2019 - The 2019-20 Budget: Undoing California’s Outstanding Budgetary Deferrals [Publication Details] The 2019-20 Budget: Undoing California’s Outstanding Budgetary Deferrals Format: HTML Description: When facing budget problems in the past, the state has “deferred” payments from one fiscal year into the next, providing significant one-time budgetary savings.
https://lao.ca.gov/Publications/Detail/3988

The 2019-20 Budget: Analysis of Proposed Increase in State Funding for Local Child Support Agencies

Mar 26, 2019 - It is our understanding that the department intends to review and assess the budgeting methodology in future years. The administration, however, has not put forth language to codify the intent of the budget proposal or outline how the budgeting methodology will be used in future years.
https://lao.ca.gov/Publications/Report/3989

Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Cash, Food, and Medical Assistance Can Offset Housing Costs a (In Millions) Free and reduced price lunch 2,838 $4,097 a Where possible, we tried to identify funding targeting children and families. b Earned Income Tax Credit amounts reflect combination of federal tax year data and state fiscal year data.
https://lao.ca.gov/Publications/Report/3985

Older Youth Access to Foster Care

Mar 22, 2019 - In other words, infants had higher substantiation rates than elementary school aged youth, who had higher substantiation rates than middle school aged youth, who in turn had higher rates than high school aged youth.
https://lao.ca.gov/Publications/Report/3980

Home Sales Update: February 2019 [EconTax Blog]

Mar 19, 2019 - Year-over-year declines in home sales have grown more severe since the summer of 2018. Home sales in February fell 15 percent below the prior February. This compares to year-over-year declines of 12 percent in November 2018 and 6 percent in August 2018.
https://lao.ca.gov/LAOEconTax/Article/Detail/355

Unemployment Claims Update: February 2019 [EconTax Blog]

Mar 19, 2019 - As the figure below shows, unemployment claims have been near historic lows for over a year. February 2019 claims continued to be low by historic standards, totaling 177,000. (We apply a “ seasonal adjustment ” to the claims data because some months are predictably higher or lower than others.) 
https://lao.ca.gov/LAOEconTax/Article/Detail/354