Constitutional initiative regarding a nonpartisan, unicameral, state Legislature. [Ballot]

Oct 8, 2019 - The measure establishes four-year terms for all legislators, with half the Members being elected every two years. A ll legislators would be subject to overall term limits of 12 years. Increases Number of Legislators.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-012

Building Permits Update: August 2019 [EconTax Blog]

Oct 2, 2019 - Multifamily permits accounted for nearly all of the uptick in August, increasing by 18 percent from the prior month and 24 percent from one year ago. Overall, multifamily permitting remains down 20 percent through the first eight months of 2019 as compared to 2018.
https://lao.ca.gov/LAOEconTax/Article/Detail/403

Taxation of commercial property. [Ballot]

Oct 2, 2019 - These new responsibilities could increase county property tax administration costs by hundreds of millions of dollars per year ongoing. Of the remaining $6.5  billion to $11.5  billion, roughly 60  percent would be allocated to cities, counties, and special districts and roughly 40  percent to schools and community colleges.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-008

August 2019 State Tax Collections [EconTax Blog]

Sep 20, 2019 - The largest shortfall was in PIT, specifically from withholding, which grew at an average rate of 7.2 percent each month in 2018-19 compared to the same period in the previous year. So far in 2019-20, withholding growth kept pace at 7.5 percent in July, but slipped to 5.2 percent in August.
https://lao.ca.gov/LAOEconTax/Article/Detail/401

Unemployment Claims Update: August 2019 [EconTax Blog]

Sep 20, 2019 - Unemployment claims have been relatively flat over the past year, fluctuating slightly around an average of about 175,000. This pattern signals a strong labor market and, contrary to other recent economic data , offers little evidence of an impending economic slowdown.
https://lao.ca.gov/LAOEconTax/Article/Detail/400

Home Sales Update: August 2019 [EconTax Blog]

Sep 20, 2019 - Home sales have been relatively weak for over a year. This pattern continued in August. In August, there were an estimated 26,700 non-distressed (not resulting from mortgage delinquency or foreclosure) home sales statewide.
https://lao.ca.gov/LAOEconTax/Article/Detail/399

Hastings College of the Law Budget [EdBudget]

Sep 18, 2019 - In 2019-20, Hastings is spending $750,000 of this funding for the first year of the initiative. It will spend the remaining $3.8 million from 2020-21 through 2024-25. The initiative covers tuition and a portion of living costs for two, three-year student cohorts from historically black colleges and universities and the American University of Armenia.
https://lao.ca.gov/Education/EdBudget/Details/318

University of California Capital Outlay Projects [EdBudget]

Sep 18, 2019 - The Riverside and Merced medical school projects are authorized in budget provisional language. This language expresses legislative intent that the state General Fund pay the projects' associated debt service.
https://lao.ca.gov/Education/EdBudget/Details/305

Changes in University of California General Fund Spending [EdBudget]

Sep 18, 2019 - Changes in University of California General Fund Spending [EdBudget] a Replaces one-time funding provided in 2018-19. b Backfills reduction in Proposition 56 funds previously used for UC operations. c Of this amount, $5 million is designated for enrollment growth and student services and $2.5 million is designated for upgrades to academic facilities. d For high schools having at least 75 percent of their students classified as low-income, English learner, and/or foster youth.
https://lao.ca.gov/Education/EdBudget/Details/304

Need-Based Financial Aid Award Amounts [EdBudget]

Sep 18, 2019 - The UC and CSU summer financial aid award amounts are calculated for a student enrolled in 12 units on a semester calendar in state-supported courses. Students who receive the Cal Grant B Access Award also receive a supplemental award funded by the College Access Tax Credit.
https://lao.ca.gov/Education/EdBudget/Details/315