The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Transportation: Discretionary Spending Proposals in the 2021 ‑22 Budget Package General Fund (In Millions) Highways, roads, and transit (transportation infrastructure package) b — Port of Oakland truck, rail, and neighborhood safety corridor — Active transportation (transportation infrastructure package) b — State and local adaptation (transportation Infrastructure package) b — Santa Fe Springs
https://lao.ca.gov/Publications/Report/4448/1

The 2021-22 Spending Plan: Broadband Infrastructure [Publication Details]

Oct 27, 2021 - The 2021-22 Spending Plan: Broadband Infrastructure [Publication Details] The 2021-22 Spending Plan: Broadband Infrastructure Format: HTML Description: As part of the 2021‑22 spending plan, the administration and the Legislature agreed to spend $6 billion ($1.7 billion General Fund) over three fiscal years (starting in 2021‑22) on broadband infrastructure.
https://lao.ca.gov/Publications/Detail/4467

The 2021-22 Spending Plan: Broadband Infrastructure

Oct 27, 2021 - Consistent with federal administrative guidance and deadlines in the ARP Act, this funding is available for allocation until December 31, 2024 and for encumbrance and liquidation until December 31, 2026. $2  Billion for Last-Mile Projects.
https://lao.ca.gov/Publications/Report/4467

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - By 2024 ‑25, the annual cost of these expansions is expected to reach about $1. 9 b illion General Fund ($2. 7 b illion total  funds). Behavioral Health. The spending plan funds two major investments in behavioral health.
https://lao.ca.gov/Publications/Report/4448

The 2021-22 Spending Plan: Proposition 98 and K-12 Education

Oct 25, 2021 - For the 2021 ‑22 school year, substitute teachers may work continuously in one assignment for 60 cumulative days. Transitional Kindergarten Expands TK to All Four-Year Olds. Budget trailer legislation gradually expands TK eligibility from 2022 ‑23 through 2025 ‑26.
https://lao.ca.gov/Publications/Report/4466

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

Oct 22, 2021 - As reflected by the width of this range, with so much of the fiscal year ahead of us there remains significant uncertainty about how much the state ultimat ely 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/707

The 2021-22 Spending Plan: Health [Publication Details]

Oct 22, 2021 - The spending plan provides $33.7 billion General Fund for health programs. This is an increase of $6.7 billion, or 25 percent, compared to the revised 2020‑21 spending level. This year-over-year increase primarily is due to significant growth in projected General Fund spending in Medi-Cal.
https://lao.ca.gov/Publications/Detail/4465

The 2021-22 Spending Plan: Health

Oct 22, 2021 - Higher Temporary Federal Health Insurance Subsidies … For calendar years 2021 and 2022, the ARP Act temporarily increases federal subsidies for health insurance coverage purchased through the ACA health benefit exchanges.
https://lao.ca.gov/Publications/Report/4465

Home Prices Update: September 2021 [EconTax Blog]

Oct 20, 2021 - In the longer term, chronically high housing costs have hurt the state ’s business climate and been a key reason California loses residents to other states on net in most years. September 2021 data again show torrid growth in home prices in both California and the rest of the country over the past year: the typical home in California has appreciated 21.8 percent since September 2020, well above the national figure of 18.4 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/706

Online sports wagering. [Ballot]

Oct 20, 2021 - Most notably, the measure requires tribes and technology businesses to pay a one-time initial license fee of $10  million and a license renewal fee of $1  million every five years. Gaming companies would be required to pay a one-time initial license fee of $100  million and a license renewal fee of $10  million every five years.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017