Home Prices Update: August 2020 [EconTax Blog]

Sep 23, 2020 - The graph below shows appreciation over the past 12 months for the state ’s 15 largest counties. Santa Clara County shows by far the highest home price growth among this group, although its Bay Area neighbors Alameda, Contra Costa, San Francisco, and San Mateo have all lagged behind the state ’s other large counties.
https://lao.ca.gov/LAOEconTax/Article/Detail/551

Enhancing Federal Financial Participation for Consumers Served by the Department of Developmental Services [Publication Details]

Nov 9, 2021 - Examines Medi-Cal enrollment of Department of Developmental Services (DDS) consumers and the fiscal effect that additional Medi-Cal enrollment would have on the DDS budget and on state costs overall. Correction 11/19/21: Corrected average annual per person fee-for-service cost in Medi-Cal.
https://lao.ca.gov/Publications/Detail/4471

Annual Report on Tax Exemptions for Medicinal Cannabis

Jul 1, 2021 - The data come from the state ’s Metrc “track and trace” system for licensed cannabis. In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2020.
https://lao.ca.gov/Publications/Report/4447

The 2020-21 Spending Plan: Judiciary and Criminal Justice

Oct 22, 2020 - Such funds are remitted to the state by counties that collect more property tax than state law allows them to spend on education. Other Budget Adjustments. The budget includes various other adjustments for the support of judicial branch operations.
https://lao.ca.gov/Publications/Report/4288

The 2021-22 Budget: Department of Toxic Substances Control [Publication Details]

Mar 19, 2021 - The 2021-22 Budget: Department of Toxic Substances Control [Publication Details] Description: Discusses the Governor's proposal to implement fiscal and governance reforms for the Department of Toxic Substances Control, as well as the proposal to provide $300 million in one-time General Fund to clean up brownfields across the state.
https://lao.ca.gov/Publications/Detail/4406

Cannabis Tax Revenue Update [EconTax Blog]

Jun 2, 2021 - The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax. Third Quarter of 2020-21: $163 Million. The administration currently estimates that retail excise tax revenue was $132 million and cultivation tax revenue was $31 million in the third quarter of fiscal year 2020-21 (January through March).
https://lao.ca.gov/LAOEconTax/Article/Detail/661

The 2020-21 Spending Plan: Resources and Environmental Protection

Oct 5, 2020 - SNR = State Natural Reserve; SHP = State Historic Park; and SRA = State Recreation Area. In addition to the projects listed in Figure  6, the budget also includes $265  million to fund other natural resources capital outlay projects initiated in prior years.
https://lao.ca.gov/Publications/Report/4275

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - 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 | information [at] lao.ca.gov
https://lao.ca.gov/Publications/Report/4432/2

The 2021-22 Budget: Public School Restrooms Feminine Hygiene Products Mandate [Publication Details]

Mar 1, 2021 - The Commission on State Mandates recently found new requirements to offer feminine hygiene products in certain public school restrooms to be a reimbursable mandate. In this post, we provide background on state mandates and the recent decision, share our assessment, and provide an associated recommendation.
https://lao.ca.gov/Publications/Detail/4392

University of California Capital Outlay Projects [EdBudget]

Oct 8, 2020 - With one exception, UC will finance the state cost of these projects using university bonds. The annual debt service associated with the new university bonds is estimated to be $32 million. For the Powell Library seismic project, UC will finance the state cost using remaining funds from Propositions 121 (1990), 153 (1992), 203 (1996), 47 (2002), 55 (2004), and 1D (2006).
https://lao.ca.gov/Education/EdBudget/Details/398