Income Mobility in California Across Generations

Jan 4, 2017 - This result holds if the child remains in the same city as an adult or moves to a similarly high–priced area. As a result, income mobility—that is, the difference between the child’s and the parent’s rank—is largely unaffected.
https://lao.ca.gov/Publications/Report/3518

A Look at Recent Progress Toward Statewide Housing Goals [EconTax Blog]

Dec 15, 2016 - Regional councils of governments take HCD’s estimates and assign a portion to each city and county in their region. Finally, cities and counties modify their local land use plans and zoning rules to incorporate their share of regional housing needs.
https://lao.ca.gov/LAOEconTax/Article/Detail/226

Sales Tax Rates: Prop. 30 and Comparisons to Other States [EconTax Blog]

Dec 15, 2016 - As a result, sales tax rates in California—which vary across cities and counties , currently ranging from 7.5 percent to 10 percent—will drop into the 7.25 percent to 9.75 percent range. California ’s SUT Rates Among Highest in U.S.
https://lao.ca.gov/LAOEconTax/Article/Detail/227

California Community Colleges: Evaluation of Intersession Extension Pilot Program

Dec 14, 2016 - LBCC = Long Beach City College. Most Chapter 710 Extension Students Received Financial Aid. More than three –quarters of winter 2014 extension students and two –thirds of summer 2014 extension students received fee discounts.
https://lao.ca.gov/Publications/Report/3515

California Community Colleges: Evaluation of Intersession Extension Pilot Program [Publication Details]

Dec 14, 2016 - Long Beach City College (LBCC)—the sole participant in the pilot—offered eight Chapter 710 courses in 2014, enrolling nearly 200 students. Our review finds that students who took these courses generally mirrored the broader LBCC student population.
https://lao.ca.gov/Publications/Detail/3515

California's New Minimum Wage: Statewide Minimum Wage Increasing in January [EconTax Blog]

Dec 6, 2016 - Most of these local governments are city governments in the Bay Area . The figure below shows which Bay Area cities already have minimum wages that will be higher than $10.50 per hour on January 1st.
https://lao.ca.gov/LAOEconTax/Article/Detail/221

Statewide Minimum Wage Increasing in January

Dec 6, 2016 - Most of these local governments are cities in the Bay Area. The figure below shows which Bay Area cities already have minimum wages that will be higher than $10.50 per hour on January 1 st . (Additionally, San Diego ’s minimum wage —not pictured —will be $11.50 per hour.)
https://lao.ca.gov/Publications/Report/3512

Cal Facts: 2016

Dec 5, 2016 - Historical Budget Reserve Balances Percent of Revenues and Transfers Each year, the Legislature passes a budget with some reserves to cover unanticipated revenue shortfalls or higher costs. In the last two fiscal years, reserve balances have been considerably higher than historical averages.
https://lao.ca.gov/Publications/Report/3511/1

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

Nov 16, 2016 - In general, as turnover declines, ownership tenure lengthens. The figure below shows that ownership tenure is longest in California ’s most expensive housing markets. This means that fewer property sales are occurring in the parts of the state where sales —and the associated reassessment to market value —would have the greatest impact on statewide growth in assessed values.
https://lao.ca.gov/LAOEconTax/Article/Detail/215

Fiscal Outlook Supplement on Proposition 2

Nov 16, 2016 - O nce the BSA reaches its maximum size, funds that would have been transferred into the BSA must be spent on building and maintaining infrastructure. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Publications/Report/3508