The 2021-22 Budget: Initial Comments on the Governor’s May Revision [Publication Details]

May 17, 2021 - The 2021-22 Budget: Initial Comments on the Governor’s May Revision [Publication Details] The 2021-22 Budget: Initial Comments on the Governor’s May Revision Format: HTML Description: On May 14, 2021, Governor Newsom presented a revised state budget proposal to the Legislature.
https://lao.ca.gov/Publications/Detail/4432

The 2020-21 Budget: Department of Social Services [Publication Details]

Feb 24, 2020 - This brief provides information, analysis, and key issues to consider in evaluating the Governor’s 2020-21 budget proposals for the major programs in Department of Social Services.
https://lao.ca.gov/Publications/Detail/4175

The 2020-21 Budget: Department of Social Services

Feb 24, 2020 - This then reduces the state cost of reaching the new state minimum wage. Howev er, wage supplements shift additional costs that are above the state minimum wage level to the state, which prior to 2017 ‑18 would have been county costs.
https://lao.ca.gov/Publications/Report/4175

A Framework for Evaluating State-Level Green Stimulus Proposals

Jan 5, 2021 - The degree to which environmental projects spend money on in ‑state labor and materials varies. Most projects result in a mix of in ‑state and out ‑of ‑state spending. For example, a proposal to subsidize solar energy likely would result in spending on in ‑state labor for installation but the purchase of solar panels manufactured out ‑of ‑state.
https://lao.ca.gov/Publications/Report/4308

The 2021-22 Budget: Special Education Proposals

Feb 4, 2021 - The 2021-22 Budget: Special Education Proposals Special Education Preschool Background State Provides Most Special Education Funding Based on Overall K ‑12 Student Attendance. The state allocates most special education funding through a base rate formula commonly called A B  602 (after its enacting legislation).
https://lao.ca.gov/Publications/Report/4345

The 2021-22 Budget: University Capital Outlay

Mar 5, 2021 - Provisional budget language stated intent that the projects be financed by state ‑supported university bonds. In September 2019, UC submitted to the state a proposal for the Riverside project, which totaled $ 100  m illion in associated bond authority.
https://lao.ca.gov/Publications/Report/4395

February 2021 Jobs Report [EconTax Blog]

Apr 5, 2021 - The figure below shows how employment has evolved in both the state and the nation since the start of the pandemic. Overall employment in the state as of the middle of  February  was 9.4 percent below the level of February 2020, considerably worse than the national figure of 6.2 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/639

4th Quarter 2020 Venture Capital Funding Report [EconTax Blog]

Feb 18, 2021 - The state has always attracted a disproportionate share of nationwide VC funding, and in fact the state ’s VC funding has exceeded the other 49 states combined in each of the past seven calendar years.
https://lao.ca.gov/LAOEconTax/Article/Detail/625

^[PDF] The 2014-15 Budget: Overview of the Governor's Budget

We agree with the Governor regarding the key goal of a shared responsibility to achieve a fully-funded, sustainable teachers’ pension system within about 30 years. In the meantime, however, we suggest that the state set aside some money during the 2014-15 budget process—when the state is experiencing a significant inf lux of revenues—in anticipation of the state’s adoption of a long-term CalSTRS funding plan.
https://lao.ca.gov/reports/2014/budget/overview/budget-overview-2014.pdf

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Accordingly, we suggest that the Legislature generally avoid enacting or expanding such locally funded state policies. Proposals That Reduce State Revenues. Most commonly, state tax incentives reduce state revenues.
https://lao.ca.gov/Publications/Report/4327