High-quality public schools. [Ballot]

Dec 6, 2023 - The California Constitution requires the state to organize and fund a system of public schools that operates at least six months per year. Children in California currently may enroll in free public schools in transitional kindergarten, kindergarten, and grades 1 through 12 (K-12).
https://lao.ca.gov/BallotAnalysis/Initiative/2023-028

Cannabis Tax Revenue Update: November 2023 [EconTax Blog]

Nov 30, 2023 - The administration currently estimates that retail excise tax revenue was $157 million in the third quarter of calendar year 2023 (July through September). The revised estimate for the second quarter of 2023 (April through June) is now $165 million, up 5 percent from the $157 million preliminary estimate announced in August.
https://lao.ca.gov/LAOEconTax/article/Detail/790

Cannabis Tax Revenue Update: November 2023 [EconTax Blog]

Nov 30, 2023 - The administration currently estimates that retail excise tax revenue was $157 million in the third quarter of calendar year 2023 (July through September). The revised estimate for the second quarter of 2023 (April through June) is now $165 million, up 5 percent from the $157 million preliminary estimate announced in August.
https://lao.ca.gov/LAOEconTax/Article/Detail/790

The 2023-24 California Spending Plan: Proposition 98 and K-12 Education

Nov 28, 2023 - Early Admittance Districts and charter schools cannot serve students that turn five after the end of the school year. Districts can serve four ‑year olds born between June2 and September 1 during the 2023 ‑24 and 2024 ­25 school year.
https://lao.ca.gov/Publications/Report/4818

The 2023-24 California Spending Plan: Child Care and State Preschool

Nov 17, 2023 - This requirement was set to increase to 7.5  percent in 2023 ‑24 and 10  percent in 2024 ‑25 and future years. Trailer legislation delays the requirement by two years, as shown in Figure  6. The $340  million in savings associated with this delay is used for the $2.7  billion set aside.
https://lao.ca.gov/Publications/Report/4817

How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - Without the stock price gains, current year withholding receipts would be down 1 percent relative to last year, rather than up 1 percent. Background California Employers Make Regular Income Tax Withholding Payments for Their Employees.
https://lao.ca.gov/LAOEconTax/Article/Detail/789

How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - Without the stock price gains, current year withholding receipts would be down 1 percent relative to last year, rather than up 1 percent. Background California Employers Make Regular Income Tax Withholding Payments for Their Employees.
https://lao.ca.gov/LAOEconTax/article/Detail/789

Schools notifying parents of a student’s gender identity; school, college, and university sex-segregated facilities and athletic programs and activities; and certain gender-affirming medical treatment

Nov 14, 2023 - Schools notifying parents of a student’s gender identity; school, college, and university sex-segregated facilities and athletic programs and activities; and certain gender-affirming medical treatments for individuals under the age of 18 years.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-027

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - The SCO and CalHR currently expect to complete the PAL process in 2024-25 and begin development and implementation of the project shortly thereafter. The preliminary baseline cost and schedule for the proposed CSPS IT project (provided as part of the Stage 2 Alternatives Analysis) is $767  million General Fund, with a five-and-a-half-year time line to develop and implement the new payroll system.
https://lao.ca.gov/Publications/Report/4814

Overview and Update on the Prison Receivership

Nov 8, 2023 - Phase two is currently underway with the last project expected to be complete by the end of 2024. The state has dedicated a total of about $90  million for the two phases. Creation of Integrated Substance Use Disorder Treatment Program (ISUDTP).
https://lao.ca.gov/Publications/Report/4813