A Review of Child Care and Preschool Program Flexibilities in Certain Counties [Publication Details]

May 13, 2021 - A Review of Child Care and Preschool Program Flexibilities in Certain Counties [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4431

What Can We Learn From How the State Responded to the Last Major Drought?

May 13, 2021 - On May 10, 2021, the Governor expanded this emergency proclamation to apply to an additional 39 counties, and directed SWRCB to consider modifying requirements for reservoir releases and water diversions in order to balance the water needs of households, farmers, and the environment.
https://lao.ca.gov/Publications/Report/4429

An Initial Look at Effects of the COVID-19 Pandemic on Local Government Fiscal Condition

May 12, 2021 - Significant Reliance on Sales Tax Revenue. Many cities rely on sales tax revenue as a major revenue source for their budget. In the case of the 24 c ities most reliant on sales tax (the top 5 p ercent), sales and use tax collections in 2018 ‑ 19 c onstituted between 31 p ercent and 70 p ercent of total local revenues.
https://lao.ca.gov/Publications/Report/4428

Building Permits Update: March 2021 [EconTax Blog]

May 11, 2021 - The Inland Empire, Sacramento, and Los Angeles areas had the most permits as usual, but the Oakland area and Orange County also posted high totals. California builders recorded 5,384 multifamily permits in March.
https://lao.ca.gov/LAOEconTax/Article/Detail/652

COVID-19: American Rescue Plan’s Major Health-Related Funding Provisions

May 6, 2021 - California is set to receive $17.1  million from the initial allocation and Los Angeles County will receive $6.4  million. Funding to State and Local Governments for Vaccine Distribution and Administration.
https://lao.ca.gov/Publications/Report/4425

March 2021 State Tax Collections [EconTax Blog]

Apr 28, 2021 - March 2021 State Tax Collections [EconTax Blog] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/LAOEconTax/Article/Detail/646

Home Prices Update: March 2021 [EconTax Blog]

Apr 28, 2021 - San Francisco ’s average home price is down 2.6 percent over the past year, neighboring San Mateo is up just 0.4 percent, and every other large county in the state is up at least 9 percent. San Francisco and San Mateo still have higher home prices than any of the state ’s other 56 counties.  
https://lao.ca.gov/LAOEconTax/Article/Detail/645

Income Tax Withholding Tracker: April 1 - April 26 [EconTax Blog]

Apr 26, 2021 - Income Tax Withholding Tracker: April 1 - April 26 [EconTax Blog] Income Tax Withholding Tracker: April 1 - April 26 April 26, 2021 Brian Uhler Bottom Line: California income tax withholding collections in April to date are 30.3 percent above April 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/644

The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - Under Proposition  2, the state must continue to deposit funds into the BSA until it reaches a threshold balance of 10  percent of General Fund tax revenue. Once the BSA reaches this threshold, required deposits that would bring the fund above 10  percent of General Fund taxes instead must be spent on infrastructure.
https://lao.ca.gov/Publications/Report/4418

Early Budget Actions to Support In-Person K-12 Instruction and Address Learning Loss

Apr 23, 2021 - Funding is allocated to local education agencies (LEAs) —school districts, charter schools, and county offices of education —based on their share of total 2020 ‑21 Local Control Funding Formula (LCFF) allotments.
https://lao.ca.gov/Publications/Report/4417