April 2020 State Tax Collections [EconTax Blog]

May 22, 2020 - April 2020 State Tax Collections [EconTax Blog] Seth Kerstein Total collections from the state ’s “big three ” taxes (personal income tax, corporation tax, and sales tax) were down two-thirds from April 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/469

The 2020-21 Spending Plan: Labor and Employment Issues

Oct 5, 2020 - The state ’s Labor and Workforce Development Agency (LWDA) oversees these entities and works to set policy and coordinate programs. Major Labor and Employment Issues One-Time Transfer of Labor Law Penalties to General Fund.
https://lao.ca.gov/Publications/Report/4274

November 2020 Cap-and-Trade Auction Update [EconTax Blog]

Dec 4, 2020 - Based on the preliminary results, the state will receive an estimated $587 million in revenue from the auction. As shown in Figure 1, this amount is somewhat more than what the state received from the August 2020 auction ($474 million).
https://lao.ca.gov/LAOEconTax/Article/Detail/588

September 2020 Jobs Report [EconTax Blog]

Oct 16, 2020 - The figure below shows how employment has evolved in both the state and the nation since the start of the pandemic. Overall employment in the state as of the middle of  August  was 9.2 percent below the level of February, somewhat worse than the national figure of 7.0 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/564

Overview of Employment Development Department Response to COVID-19 [Publication Details]

Jul 30, 2020 - Presented to: Assembly Budget Subcommittee No. 4 on State Administration Hon. Jim Cooper, Chair
https://lao.ca.gov/Publications/Detail/4259

Building Permits Update: June 2021 [EconTax Blog]

Aug 5, 2021 - Single family activity has rebounded since last spring ’s pandemic-driven slump, as prices have risen sharply in most of the state ’s metropolitan areas. The Inland Empire, Sacramento, and Los Angeles areas had the most permits in that order, which is the typical pattern.
https://lao.ca.gov/LAOEconTax/Article/Detail/682

2002 Budget Analysis: P&I, Major Expenditure Proposals in the 2002-03 Budget

The proposed PERS deferral would reduce the state's contribution amount for the budget year by $1.029  billion, resulting in General Fund savings of $621  million. In exchange for lowering the state's retirement contributions earlier than scheduled, the administration has agreed to support legislation that would maintain the purchas ing power protection of
https://lao.ca.gov/analysis_2002/2002_pandi/pi_part_4b_anl02.html

LAO 2006 Budget Analysis: California Community Colleges (6870)

In 2004, the national Governmental Accounting Standards Board (GASB) issued a new policy requiring local governments, including local educational agencies, to account for retiree health benefits in a manner similar to other pension costs.
https://lao.ca.gov/analysis_2006/education/ed_25_6870_anl06.html

August 2020 Cap-and-Trade Auction Update [EconTax Blog]

Aug 25, 2020 - Based on the preliminary results, the state will receive an estimated $474 million in revenue from the auction. As shown in Figure 1, this amount is substantially more than what the state received from the May 2020 auction ($25 million), but less than prior auctions—each of which generated over $600 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/532

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