The Stock Market Downturn and California's Finances [EconTax Blog]

Aug 24, 2015 - (Nearly all of any 2014-15 revenue gain is expected to be spent on schools , pursuant to Proposition 98.) The 2014-15 agency cash collection figures do not yet reflect various accrual changes and adjustments that will become evident over the next three years as books close on that fiscal year.
https://lao.ca.gov/LAOEconTax/Article/Detail/124

Related to the cultivation, use, possession, and sale of marijuana. [Ballot]

Aug 24, 2015 - For example, individuals could not cultivate or possess (1) a marijuana garden that exceeds six  mature plants and 25 square feet in size or (2) more than 30 grams of dried marijuana. However, the measure provides certain exemptions to the above limits.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-036

Generational Differences in Homeownership and Housing Costs [EconTax Blog]

Aug 17, 2015 - Along the same lines, as shown below, homeownership rates for Californians age 18 to 30 have fallen significantly since 1960 —dropping from 25 percent to 15 percent. Over the same period, homeownership rates for all Californians were relatively flat.
https://lao.ca.gov/LAOEconTax/Article/Detail/120

A constitutional initiative related to compensation and retirement benefits for state and local governmental employees in California. [Ballot]

Jul 27, 2015 - As part of employment, the state provides defined benefit retirement plans for its employees and for those of public schools and community colleges. CalSTRS administers plans for school and community college teaching employees.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-033

Increases in the statewide minimum wage. [Ballot]

Jul 16, 2015 - Changes in state revenues would affect required state budget reserves, debt payments, and funding for schools and community colleges. Increase in state and local government spending totaling billions of dollars per year.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-032

2014 GDP: California Ranks 7th or 8th in the World [EconTax Blog]

Jul 1, 2015 - As such, changes in currency exchange rates can affect these rankings noticeably from year to year. Changes Since 2013. There has been little change in California 's GDP ranking in 2014, based on the estimates available to date.
https://lao.ca.gov/LAOEconTax/Article/Detail/90

Proposed statutory initiative that increases excise taxes on the distribution of cigarettes and other tobacco products. [Ballot]

Jun 23, 2015 - About 2  percent of the remaining funds would be provided to CDE for school programs to prevent and reduce the use of tobacco products by young people. The department administers various education programs, and allocates funding to various types of local education agencies, including county offices of education, school districts, and charter schools.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-030

Proposed statutory initiative that would increase excise taxes on the distribution of cigarettes and other tobacco products. It also creates a new excise tax on the distribution of electronic cigarett

Jun 23, 2015 - About 2  percent of the remaining funds would be provided to CDE for school programs to prevent and reduce the use of tobacco products by young people. The department administers various education programs, and allocates funding to various types of local education agencies, including county offices of education, school districts, and charter schools.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-029

Review of Recent Changes to The Cal Grant C Program

Jun 22, 2015 - Annual Cal Grant C awards are worth up to $2,462 for tuition and $547 for books and supplies, and may provide support for up to two years. Students attending CCC programs are only eligible to receive the smaller stipend for books, not the tuition grant, whereas students attending other schools receive a combined grant.
https://lao.ca.gov/Publications/Report/3274

Proposed statutory initiative related to the cultivation, use, possession, and sale of marijuana (Amendment #1). [Ballot]

Jun 22, 2015 - Under the measure, revenue from the excise tax would be allocated to different entities for specified purposes, including K-12 public schools and public universities, state agencies responsible for the regulation of recreational marijuana, state and local law enforcement, and grants for researc h related to medical marijuana.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-027