The 2021-22 Budget: State Board of Equalization [Publication Details]

Feb 23, 2021 - The Governor's proposed 2021-22 appropriation for the Board of Equalization (BOE) is $31.8 million, 30 percent higher than the amount spent in 2019-20. Due to vacancies, BOE spent just $24.5 million of its $31.3 million appropriation in 2019-20. This post discusses issues for the Legislature to consider as it decides how much to appropriate for BOE in the 2021-22 budget.
https://lao.ca.gov/Publications/Detail/4385

Updating Special Education Out-of-Home Care Funding

Feb 23, 2021 - In 2019, counties began using CANS assessments as part of the CFT process. As of fall 2020, counties are using slightly different versions of the CANS assessments and are in different stages of automating the assessment process.
https://lao.ca.gov/Publications/Report/4386

The 2021-22 Budget: State Board of Equalization

Feb 23, 2021 - Later in 2017, the Legislature passed two laws —A B  102 and A B  131 —that transferred most of BOE ’s programs, budget, staff, and facilities to the newly created California Department of Tax and Fee Administration (CDTFA) and Office of Tax Appeals (OTA).
https://lao.ca.gov/Publications/Report/4385

Income Tax Withholding Tracker: February 1 - February 19 [EconTax Blog]

Feb 19, 2021 - Income Tax Withholding Tracker: February 1 - February 19 [EconTax Blog] Income Tax Withholding Tracker: February 1 - February 19 February 19, 2021 Brian Uhler Bottom Line: California income tax withholding collections in February to date are 7.8 percent above February 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/627

The 2021-22 Budget: Behavioral Health: Community Care Demonstration Project

Feb 19, 2021 - Importantly, counties can send felony ISTs to other counties ’ competency restoration programs. Accordingly, counties with high rates of felony IST referrals that do not operate programs are typically located adjacent to counties that do.
https://lao.ca.gov/Publications/Report/4382

The 2021-22 Budget: Behavioral Health: Community Care Demonstration Project [Publication Details]

Feb 19, 2021 - This post analyzes the Governor’s proposal in the Department of State Hospitals to provide $233.2 million General Fund in 2021-22 and $136.
https://lao.ca.gov/Publications/Detail/4382

The 2021-22 Budget: Educator Workforce Proposals

Feb 19, 2021 - STEM = science, technology, engineering, and math; CTC = Commission on Teacher Credentialing; COE = county office of education; CSAC = California Student Aid Commission; and CDE = California Department of Education.
https://lao.ca.gov/Publications/Report/4381

Why is Venture Capital Funding a Useful Economic Indicator? [EconTax Blog]

Feb 18, 2021 - Many California firms th at relied on VC funding at various stages of their development went public in 2020, and this contributed to surprisingly strong growth in personal income tax revenue despite the deep recession caused by the pandemic.  
https://lao.ca.gov/LAOEconTax/Article/Detail/626

U.S. Retail Sales Update: January 2021 [EconTax Blog]

Feb 17, 2021 - U.S. retail sales grew 5.3% from December to January (seasonally adjusted)—the 4th-largest monthly increase since 1992.
https://lao.ca.gov/LAOEconTax/Article/Detail/624

The 2021-22 Budget: Behavioral Health: Medi-Cal Student Services Funding Proposal

Feb 17, 2021 - In California, counties provide this comprehensive set of services through SMHS. Children ’s Eligibility for SMHS Determined by Both Counties and Managed Care Plans. As discussed earlier, county behavioral health is responsible for providing SMHS and managed care plans are responsible for providing non ‑SMHS.
https://lao.ca.gov/Publications/Report/4377