Updated 2022-23 "Big Three" Revenue Outlook [EconTax Blog]

Aug 1, 2022 - That being said, there is a quarter left in the fiscal year and the trajectory of the economy remains  very cloudy. As a result, there remains significant uncertainty about how much the state ultimately will collect.
https://lao.ca.gov/LAOEconTax/article/Detail/744

Changes in University of California General Fund Spending [EdBudget]

Aug 1, 2022 - Provisional budget bill language states intent to provide an additional $83 million each in 2023-24 and 2024-25 for these projects (with the same split between the two campuses). c Provisional budget bill language states intent to provide an additional $83 million each in 2023-24 and 2024-25 for this project. d Of this amount,
https://lao.ca.gov/Education/EdBudget/Details/638

Enrollment by Higher Education Segment [EdBudget]

Jul 29, 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/620

Changes in California State Library General Fund Spending [EdBudget]

Jul 29, 2022 - Changes in California State Library General Fund Spending [EdBudget] a Budget package also provides $100 million for this initiative in 2023-24. b Reflects second year of initiative, providing $9.5 million over a four-year period.
https://lao.ca.gov/Education/EdBudget/Details/649

Income Tax Withholding Tracker: June 2022 [EconTax Blog]

Jul 11, 2022 - To make an apples-to-apples comparison for June, we compare the same five week period covering June across the two years. Using this method, each year contains the same weeks of the year and the same number of "collection days ".)
https://lao.ca.gov/LAOEconTax/Article/Detail/741

Spousal support. [Ballot]

Jul 5, 2022 - Delinquent spousal support pay ments are subject to interest of 10  percent per year. Spousal support payments generally terminate upon remarriage of the supported partner, death of either partner, or as specified by the court.
https://lao.ca.gov/BallotAnalysis/Initiative/2022-004

Annual Report on Tax Exemptions for Medicinal Cannabis

Jun 24, 2022 - In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2021. Number of Patients Served. In 2021, licensees identified 41,775 transactions as medicinal donations.
https://lao.ca.gov/Publications/Report/4608

MOU Fiscal Analysis: Bargaining Unit 13 (Stationary Engineers)

Jun 24, 2022 - Provides Employees Payments Totaling Up to $3, 000 —If Employed Through August 2024. The agreement would provide four payments, each up to $750, over the course of the term of the agreement. The payments would be made in January 2023, August 2023, January 2024, and August 2024.
https://lao.ca.gov/Publications/Report/4607

May 2022 Jobs Report [EconTax Blog]

Jun 20, 2022 - California businesses added 42,900 net jobs in May (seasonally adjusted), about the same as April and another month of slower job growth than seen in the past year.
https://lao.ca.gov/LAOEconTax/Article/Detail/740

Changes in University of California General Fund Spending [EdBudget]

Jun 10, 2022 - These amounts are embedded in the restoration and base augmentation totals. c Makes one-time General Fund support provided in previous years ongoing. d Budget does not list specific projects at specific campuses. e Component of the California Institute on Law, Neuroscience, and Education, which is established as part of the California Bench to School Initiative.
https://lao.ca.gov/Education/EdBudget/Details/533