December 2021 Jobs Report [EconTax Blog]

Jan 24, 2022 - California ’s growth accounted for 25 percent of the national estimate of 199,000 net jobs gained in December, more than twice its share of the U.S. labor market (11.6 percent of the nation ’s total payroll jobs).
https://lao.ca.gov/LAOEconTax/Article/Detail/723

Minimum wage. [Ballot]

Jan 24, 2022 - These rising prices are called “inflation. ” Under current law, the state will adjust its minimum wage every year, starting in 2024. Each adjustment will reflect U.S. inflation, except in two cases: If inflation is negative, the adjustment will be zero.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-043

2021-22 “Big Three” Revenue Outlook Update: January 2022 [EconTax Blog]

Jan 21, 2022 - As reflected by the width of this range, with half of the fiscal year ahead of us there remains significant uncertainty about how much the state ultimately will collect. We also caution that the implications of unanticipated revenues for the state 's budget are not straightforward.
https://lao.ca.gov/LAOEconTax/Article/Detail/722

Taxpayer protection and government accountability. [Ballot]

Jan 19, 2022 - This year ’s state budget spends over $255  billion in state funds. Over 90  percent of the state budget is funded with revenues from taxes. These include, for example, sales taxes paid on goods and income taxes paid on wages and other sources of income.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-042

2022-23 Changes in Proposition 98 Spending [EdBudget]

Jan 14, 2022 - 2022-23 Changes in Proposition 98 Spending [EdBudget]   a Applies to special education, child nutrition, and K-12 mandates block grant. b Applies to the Foster Youth Program, American Indian Early Childhood Education, Special Education, State Preschool, Child Nutrition, Child and Adult Care Food Program, Charter School Facility Grant Program, American Indian Education Centers,
https://lao.ca.gov/Education/EdBudget/Details/585

Breakdown of Local Control Funding Formula [EdBudget]

Jan 13, 2022 - Breakdown of Local Control Funding Formula [EdBudget] 6.6% a Includes funding for Necessary Small Schools. b Proposal would increase the amount of funding districts receive through LCFF base, supplemental, and concentration grants. c Proposal would be implemented as a special LCFF add-on. d Includes funding related to inter-district transfer students, support for the State Special Schools, and the Education Protection Account.
https://lao.ca.gov/Education/EdBudget/Details/587

Enrollment by Higher Education Segment [EdBudget]

Jan 13, 2022 - At CCC, 1 FTE student is 525 contact hours per year, which on average generates about 24 credits. For undergraduate education at CSU and UC, 1 FTE student is 30 credit units. For graduate education at CSU, UC, and Hastings, 1 FTE student is 24 credit units.
https://lao.ca.gov/Education/EdBudget/Details/567

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - This proposal would provide all colleges with at least as much funding as they received under certain calculations in 2024 ‑ 25 —regardless of the number of students they serve in the future. The budget provides nearly $3.7  billion for schools and $487  million for community colleges to cover these adjustments and  proposals. $2.3   Billion One Time for Infrastructure.
https://lao.ca.gov/Publications/Report/4492

K-12 Funding by Source [EdBudget]

Jan 12, 2022 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b Excludes funding for child care programs administered by the California Department of
https://lao.ca.gov/Education/EdBudget/Details/588

Theft crimes. [Ballot]

Jan 12, 2022 - For example, if the affected property is worth more than $50,000, a year would be added to the person’s sentence. If the property is worth more than $200,000, then two years would be added. Fiscal Effects Increased State Criminal Justice System Costs.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-041