Building Permits Update: September 2018 [EconTax Blog]

Nov 1, 2018 - Building Permits Update: September 2018 [EconTax Blog] Building Permits Update: September 2018 November 1, 2018 Justin Garosi Through September, about 90,000 building permits have been issued throughout the state in 2018.
https://lao.ca.gov/LAOEconTax/Article/Detail/314

September 2018 Jobs Report [EconTax Blog]

Oct 30, 2018 - Overall employment in the state has grown 2.0 percent over the past 12 months compared to 1.7 percent for the nation.  
https://lao.ca.gov/LAOEconTax/Article/Detail/313

Unemployment Claims Update: September 2018 [EconTax Blog]

Oct 29, 2018 - Source: United States Department of Labor with LAO calculations.  
https://lao.ca.gov/LAOEconTax/Article/Detail/312

Rethinking the 1991 Realignment

Oct 15, 2018 - While the state did appeal these injunctions, a legal settlement was reached in 2013 r esulting in a reduction to IHSS service hours (less than what the state initially proposed). Currently, the state has temporarily restored IHSS service hours that were eliminated.
https://lao.ca.gov/Publications/Report/3886

Rethinking the 1991 Realignment [Publication Details]

Oct 15, 2018 - Rethinking the 1991 Realignment [Publication Details] HTML Description: California has shifted programmatic and funding responsibility between the state and counties for various programs over the last 40 years.
https://lao.ca.gov/Publications/Detail/3886

Evaluation of the Property Tax Postponement Program

Oct 8, 2018 - The state charges a flat, simple interest rate of 7  p ercent on PTP accounts. Before the program was suspended, the state charged a rate that varied based on the rate of return in the state ’s checking account, known as the Pooled Money Investment Account.
https://lao.ca.gov/Publications/Report/3885

Evaluation of the Property Tax Postponement Program [Publication Details]

Oct 8, 2018 - Housing is very expensive in California—in early 2018, the typical California home cost $481,000, roughly double the price of the typical home in the United States. The state offers the Property Tax Postponement (PTP) Program to help certain homeowners afford their property taxes and stay in their homes.
https://lao.ca.gov/Publications/Detail/3885

September 2018 State Tax Collections [EconTax Blog]

Oct 3, 2018 - September 2018 State Tax Collections [EconTax Blog] Carolyn Chu September is not one of the four key months for revenues; however, due to federal filing requirements for individuals and corporations, September can see higher revenues compared to other months.
https://lao.ca.gov/LAOEconTax/Article/Detail/311

State Fiscal Health Index: August 2018 [EconTax Blog]

Oct 3, 2018 - State Fiscal Health Index: August 2018 [EconTax Blog] State Fiscal Health Index: August 2018 October 3, 2018 Justin Garosi Bottom Line: Little change from July. Economic conditions continue to be consistent with historically strong state revenues.
https://lao.ca.gov/LAOEconTax/Article/Detail/310

The 2018-19 Budget: California Spending Plan (Final Version)

Oct 2, 2018 - The budget plan also uses General Fund resources to ( 1)  r educe the state ’s mandate backlog related to county mental health services for children and ( 2)  i ncrease the availability of Hepatitis C treatment for those receiving care through Medi ‑Cal and at the state ’s correctional and state hospital facilities.
https://lao.ca.gov/Publications/Report/3870/1