Considering Changes to Streamline Local Housing Approvals

May 17, 2016 - During an earlier 30 –year period (1940 to 1970), the number of housing units in California ’s coastal metros grew by 200 percent. Similarly Desirable Locations Outside of California Build More Housing.
https://lao.ca.gov/Publications/Report/3470

Proposed Reserves in the Governor’s May Revision

May 17, 2016 - Proposition 2 (2014) took effect beginning in the 2015-16 fiscal year. It establishes a minimum amount that the state must deposit each year into the BSA. Figure 1 shows the method for calculating this amount.
https://lao.ca.gov/Publications/Report/3463

May Revision 2016: Revenue Outlook [EconTax Blog]

May 16, 2016 - The stock market tumbled in January, and tax revenue collections through April 2016 reflected a slightly slower rate of year-over-year growth than previously anticipated. Partly as a result of these developments, the administration lowered its revenue estimates in the May Revision by a net amount of $2.2 billion across four fiscal years: 2013-14, 2014-15, 2015-16, and 2016-17.
https://lao.ca.gov/LAOEconTax/Article/Detail/186

Addressing California’s Convenience Zone Recycling Center Closures

May 16, 2016 - As required under existing law, the department estimates recycling costs through surveys of recyclers every two years. The department determines scrap values based on monthly reports from processors.
https://lao.ca.gov/Publications/Report/3466

May Revision 2016: Economic Outlook [EconTax Blog]

May 15, 2016 - The Legislature and the Governor approved legislation to increase the statewide minimum wage for large and medium-sized employers to $15 per hour by 2022 (and for employers with 25 employees or less one year later), subject to possible delays due, for example, to an economic downturn.
https://lao.ca.gov/LAOEconTax/Article/Detail/185

The 2016-17 Budget: Initial Comments on the Governor’s May Revision

May 15, 2016 - Includes $25  million (one time) contingent upon CSU adopting a plan to increase graduation rates. Reserves Reduces estimate of required Proposition  2 reserve deposit by $1.3  billion (2015-16 and 2016-17).
https://lao.ca.gov/Publications/Report/3460

State Budget Update (CASBO Presentation) [Publication Details]

Apr 14, 2016 - Presented to: California Association of School Business Officers
https://lao.ca.gov/Publications/Detail/3441

Options for Modifying the State Child Care Tax Credit

Apr 7, 2016 - Proposition  98 establishes a minimum funding guarantee for schools and community colleges that is in part based on state revenue. When state revenue decreases, it is usually the case that required spending on schools decreases as well.
https://lao.ca.gov/Publications/Report/3417

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Apr 4, 2016 - After 15 years of service, these workers would receive 50  percent of the revised maximum state contribution in retirement, with this amount growing each year until it reaches 100  percent of the revised maximum contribution if they retire after 25 or more years.
https://lao.ca.gov/Publications/Report/3409

The 2016-17 Budget: Labor Code Private Attorneys General Act Resources

Mar 25, 2016 - While civil penalties collected by LWDA are generally deposited in the state General Fund, any penalties collected under PAGA are split between the employee, who receives 25  percent, and LWDA, which receives the remaining 75  percent.
https://lao.ca.gov/Publications/Report/3403