Psilocybin legalization. [Ballot]

Sep 1, 2021 - Under the measure, a city or county could ban or limit the number of psilocybin mushroom businesses within its boundaries if approved by the voters within that jurisdiction at a st atewide election held in November.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-005

Breakdown of Local Control Funding Formula [EdBudget]

Aug 30, 2021 - Breakdown of Local Control Funding Formula [EdBudget]   a Includes funding for Necessary Small Schools. b Includes funding to increase the concentration grant from 50 percent of the base grant to 65 percent. c Includes funding related to inter-district transfer students, support for the State Special Schools, and the Education Protection Account.
https://lao.ca.gov/Education/EdBudget/Details/546

August 2021 Cap-and-Trade Auction Update [EconTax Blog]

Aug 26, 2021 - The remaining 35 percent of auction revenue is available for appropriation by the Legislature for other ongoing funding commitments (such as state administrative costs and statutory transfers), as well as var ious discretionary spending programs.
https://lao.ca.gov/LAOEconTax/Article/Detail/690

Proposition 98 Key Inputs and Outcomes Under 2021-22 Budget Package [EdBudget]

Jul 21, 2021 - a Excludes nontax revenues and transfers, which do not affect the calculation of the guarantee. b For calculating the guarantee, Chapter 24 of 2020 (SB 98, Committee on Budget and Fiscal Review) deems the change in attendance in 2020‑21 to be the same as the change in 2019‑20. c Reflects change in per capita income during the previous fiscal year. d Reflects change in per capita General Fund plus 0.5 percent. 
https://lao.ca.gov/Education/EdBudget/Details/517

1st Quarter 2021 Personal Income Report [EconTax Blog]

Jun 28, 2021 - Transfer payments are defined as government payments that don ’t represent compensation for services performed by the recipient. Normally dividends, interest, and rent account for the second largest share of income, but this category was considerably smaller than transfer payments in the first quarter.  
https://lao.ca.gov/LAOEconTax/Article/Detail/671

The 2021-22 Budget: May Revenue Outlook [EconTax Blog]

May 17, 2021 - Our main forecast expects total General Fund revenues (including transfers and loans) to be $179 billion in 2020-21. Revenues are projected to increase to $186 billion in 2021-22. Over the budget window (2019-20 through 2021-22), our estimates are $4 billion higher than the administration ’s May Revision estimates.
https://lao.ca.gov/LAOEconTax/Article/Detail/654

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

May 17, 2021 - The funds will be transferred soon, but the state has until December 31, 2024 to use the funds. The U.S. Department of the Treasury recently released detailed guidance with more detail on how these funds can be used.
https://lao.ca.gov/Publications/Report/4432

What Can We Learn From How the State Responded to the Last Major Drought?

May 13, 2021 - For example, state agencies could begin to accept and review applications for potential water transfers among users now, before they are needed. Spending time reviewing such proposals and their potential impacts ahead of time could avoid some delays if it becomes clear that such transfers are necessary.
https://lao.ca.gov/Publications/Report/4429

A Review of Child Care and Preschool Program Flexibilities in Certain Counties

May 13, 2021 - Providers can submit requests to transfer funds between under ‑earning and over ‑earning providers within the county in November, February, and May. Full ‑day CSPP providers can certify eligibility 120 calendar days prior to initial services.
https://lao.ca.gov/Publications/Report/4431

An Initial Look at Effects of the COVID-19 Pandemic on Local Government Fiscal Condition

May 12, 2021 - For cities, federal funds ranged from 0. 03 p ercent to 67percent of local revenues. (This small amount on the low end for cities largely is because small cities did not receive any CRF funding directly from the federal government.)
https://lao.ca.gov/Publications/Report/4428