Income Tax Withholding Tracker: August 17 - August 21 [EconTax Blog]

Aug 21, 2020 - Nonetheless, given the pace and severity of the shift in the state ’s economy resulting from the COVID-19 pandemic, tracking weekly withholding is worthwhile as a way to assess the state ’s rapidly changing economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/527

Weekly Unemployment Claims Update: August 9 - August 15 [EconTax Blog]

Aug 21, 2020 - After accounting for self-employement claims, discussed below, the total number of workers receiving unemployment benefits in the state reached a new peak of 4.8 million last week. Self-Employment Continued Claims Rise to 1.4 Million This Week.
https://lao.ca.gov/LAOEconTax/Article/Detail/526

State Tax Collections Update: April 2020 to July 2020 [EconTax Blog]

Aug 20, 2020 - State Tax Collections Update: April 2020 to July 2020 [EconTax Blog] Seth Kerstein Bottom Line. Total revenue collections for the state ’s three largest taxes —personal income tax (PIT), sales tax, and corporation tax —across April 2020 to July 2020 came in 9 percent ($4.3 billion) ahead of budget projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/525

Cannabis Tax Revenue Update [EconTax Blog]

Aug 19, 2020 - The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax. Fourth Quarter of 2019-20: $125 Million. The administration currently estimates that retail excise tax revenue was $102 million and cultivation tax revenue was $23 million in the fourth quarter of 2019-20 (April through June).
https://lao.ca.gov/LAOEconTax/Article/Detail/524

California Community Colleges Proposition 98 Spending by Program [EdBudget]

Aug 17, 2020 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/413

Changes in California Community Colleges Proposition 98 Spending [EdBudget]

Aug 17, 2020 - b Under Section 8.28 of the 2020-21 Budget Act, up to $791 million in payment deferrals will be rescinded if the state receives $14 billion or more in additional federal relief funds. The amount rescinded is proportionally reduced if the state receives more than $2 billion but less than $14 billion in additional federal relief funds.  
https://lao.ca.gov/Education/EdBudget/Details/434

California Community Colleges Funding by Source [EdBudget]

Aug 17, 2020 - Under Section 8.28 of the 2020-21 Budget Act, up to $791 million of these deferrals will be rescinded if the state receives $14 billion or more in additional federal relief funds. The amount rescinded is proportionally reduced if the state receives more than $2 billion but less than $14 billion in additional federal relief funds. b Includes $303 million in
https://lao.ca.gov/Education/EdBudget/Details/409

Weekly Unemployment Claims Update: August 2 - August 8 [EconTax Blog]

Aug 14, 2020 - Through March and April, the key measure that captured the impact of the virus on the state ’s workers was the number of new unemployment claims being filed each week. Going forward, this number will still be important as a gauge of whether a second wave of business closures and layoffs is emerging.
https://lao.ca.gov/LAOEconTax/Article/Detail/521

Income Tax Withholding Tracker: August 10-August 14 [EconTax Blog]

Aug 14, 2020 - Nonetheless, given the pace and severity of the shift in the state ’s economy resulting from the COVID-19 pandemic, tracking weekly withholding is worthwhile as a way to assess the state ’s rapidly changing economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/522

What Threat Does Sea-Level Rise Pose to California?

Aug 10, 2020 - Second, SLR could impair one of the state ’s key water conveyance systems. The State Water Project brings fresh water supplies to 27  m illion people and to irrigate 750,000 acres of farmland. The system is highly dependent on the integrity of the levees in the Sacramento ‑San Joaquin Delta to successfully move this water from the northern to the central and southern parts of the state.
https://lao.ca.gov/Publications/Report/4261