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Building Reserves to Prepare for a Recession

Mar 7, 2018 - California , a state appellate court found the state was responsible for a levee failure along the Yuba River in 1986. The state eventually paid a $ 464  m illion settlement to the nearly 3, 000 p laintiffs.
https://lao.ca.gov/Publications/Report/3769

Need-Based Financial Aid Award Amounts [EdBudget]

Aug 27, 2018 - Need-Based Financial Aid Award Amounts [EdBudget] 4,000 — Figure shows state and institutional aid programs supported with core funds (state General Fund and student tuition revenue). See "Financial Aid Award Coverage" for a description of each type of award.
https://lao.ca.gov/Education/EdBudget/Details/190

Evaluation of a Sales Tax Exemption for Certain Manufacturers

Dec 11, 2018 - As discussed elsewhere in this report, reductions in out ‑of ‑state production likely offset a large share of the increase in in ‑state production, so this assumption likely overstates the net global increase.
https://lao.ca.gov/Publications/Report/3907

The 2018-19 Budget: Governor’s May Revision Proposal for Caltrans’ Capital Outlay Support Program

May 13, 2018 - By longstanding practice, the annual state budget has limited contract FTEs to no more than 10  percent of total FTEs. The State Constitution, however, allows the state to contract for architectural and engineering services without limits.
https://lao.ca.gov/Publications/Report/3833

The 2018-19 Budget: Proposition 98 Education Analysis

Feb 7, 2018 - In 2012, the state adopted standards aligned to the Common Core for English Learners. Forty ‑two states and the District of Columbia have adopted the Common Core State Standards. State Is Implementing New Science Standards.  
https://lao.ca.gov/Publications/Report/3741

The 2018-19 Budget: Department of General Services

Feb 20, 2018 - DGS completed the State Office Building Strategy in March  2016 and made some minor revisions to it in January 2018. The State Office Building Strategy includes building three new state office buildings and renovating eight existing state office buildings within about ten years.
https://lao.ca.gov/Publications/Report/3758

Cannabis Tax Revenue Update [EconTax Blog]

Mar 6, 2020 - The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax. January Budget Assumptions. The Governor ’s January budget proposal assumed that 2019-20 cannabis tax revenue would be $479 million and that 2020-21 revenue would be $550 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/441

The 2018-19 Budget: Child Care Programs—Analysis of Governor’s Hold Harmless Rate Proposal

Mar 19, 2018 - The state still was using the 2005 market survey to set rates up to January 1, 2015. By January 1, 2018, the state had begun using the 2016 survey to set rates. Over this period, state RMR funding increased by 26  percent.
https://lao.ca.gov/Publications/Report/3787

Building Permits Update: January 2020 [EconTax Blog]

Mar 5, 2020 - The multifamily housing permit total of 4,259 was right in line with the January average over the past five years, although nearly a third lower than the 6,356 units the state recorded last January. The single family housing permit total of 4,938 was in the middle of the narrow range of monthly totals we have observed since March 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/440