Cal Facts: 2016

Dec 5, 2016 - Cal Facts: 2016 Most State Infrastructure Spending Is for Transportation and Education Infrastructure Spending, 2005-06 to 2014-15 Over the past ten years, we estimate the state spent over $100 billion on infrastructure.
https://lao.ca.gov/Publications/Report/3511/7

November 2016 State Tax Collections [EconTax Blog]

Dec 2, 2016 - It is,  however,  possible that they reflect operational changes at the Franchise Tax Board and, if so, CT refunds may revert to levels that are more typical in the next calendar year. So far this fiscal year, CT refunds are running 40 percent higher than administration projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/219

October 2016 State Jobs Report [EconTax Blog]

Dec 1, 2016 - Over the past year, the sectors with the strongest growth rates have been private schools and universities, professional and technical services (including a lot of the technology subsectors), and construction.
https://lao.ca.gov/LAOEconTax/Article/Detail/203

Hydraulic Fracturing: How It Works and Recent State Oversight Actions

Dec 1, 2016 - As part of the 2016‑17 budget, the Legislature provided a total of $5.5 million from OGGAF over two years to contract for scientific services and to conduct additional scientific studies as recommended by the CCST report.
https://lao.ca.gov/Publications/Report/3513

A Long-Term Outlook: Disability Among California’s Seniors

Nov 28, 2016 - Seniors turning 65 between 2015 and 2019 who have greater than a high school education spend fewer years on average with one or more ADL limitations than seniors with a high school degree or GED credential and seniors with less than a high school education (4.2 years vs. 4.8 years and 5.8  years, respectively).
https://lao.ca.gov/Publications/Report/3509

California's Fiscal Outlook (CASBO Presentation) [Publication Details]

Nov 17, 2016 - Presented to: California Association of School Business Officials
https://lao.ca.gov/Publications/Detail/3510

Fiscal Outlook: Examining Property Tax Growth Rates [EconTax Blog]

Nov 16, 2016 - Fiscal Outlook: Examining Property Tax Growth Rates [EconTax Blog] Fiscal Outlook: Examining Property Tax Growth Rates November 16, 2016 Brian Uhler Property taxes affect the level of required state (as compared to local) spending for schools, as we discuss in our new Fiscal Outlook .
https://lao.ca.gov/LAOEconTax/Article/Detail/215

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - Under our current projections, assuming no changes in existing state and federal policies, we estimate the state will end the 2017-18 fiscal year with $11.5 billion in total reserves. This includes $8.7 billion in required reserves, which must be deposited into the rainy day fund, and $2.8 billion in discretionary reserves, which the Legislature can appropriate for any purpose.
https://lao.ca.gov/Publications/Report/3507/1

Fiscal Outlook Supplement on Proposition 2

Nov 16, 2016 - Our Fiscal Outlook provides an assessment of the budget’s condition under two difference scenarios of the economy’s performance over the next five years. These are: (1) an economic growth scenario, in which the economy continues to grow, and (2) a mild recession scenario, with a big stock market decline, that begins in the middle of calendar year 2018.
https://lao.ca.gov/Publications/Report/3508

The 2017-18 Budget: California's Fiscal Outlook

Nov 16, 2016 - We assume year –to –year changes in participation consistent with changes in high school graduates. Consistent with changes in tuition and fee levels over the past two years, we assume flat tuition at UC and CSU throughout the period as well as 5  percent annual increases in UC ’s Student Services Fee.
https://lao.ca.gov/Publications/Report/3507