Newest Early Jobs Revision Shows No Net Job Growth During 2023 [EconTax Blog]

Sep 15, 2023 - With the fourth quarter revision, calendar year 2023 saw essentially no net job growth (+9,000 jobs overall). Data since January 2024 has not yet been rebenched. As such, the figure includes the Early Benchmark Revision for these recent months growing  at the same rate as the official CES estimates.    
https://lao.ca.gov/LAOEconTax/article/Detail/783

The 2024-25 Budget: Property Tax Postponement Program [EconTax Blog]

Feb 29, 2024 - The 2024-25 Budget: Property Tax Postponement Program [EconTax Blog] The 2024-25 Budget: Property Tax Postponement Program February 29, 2024 Ross Brown Background Property Tax Postponement (PTP) Program Provides Loans to Certain Low-Income Homeowners to Pay Property Taxes.
https://lao.ca.gov/LAOEconTax/Article/Detail/800

May Revision Proposes to Increase CLSF Funding in 2024-25, Just to Reduce by a Similar Amount in 2025-26 [EdBudget]

May 17, 2024 - May Revision Proposes to Increase CLSF Funding in 2024-25, Just to Reduce by a Similar Amount in 2025-26 [EdBudget]     a Includes General Fund-supported lease revenue debt service. For 2025-26, we assume the amount of lease revenue debt service remains the same as in 2024-25. b The May Revision proposes a 7.95 percent reduction to state operations for most state departments in 2024-25.
https://lao.ca.gov/Education/EdBudget/Details/863

The 2023-24 Budget: Proposition 98 Overview and K-12 Spending Plan

Feb 7, 2023 - The administration ’s economic forecast anticipates inflation will moderate significantly later this year. Consistent with this assumption, the administration estimates the statutory COLA rate for 2024 ‑25 is 3.54  percent.
https://lao.ca.gov/Publications/Report/4670

Update on Los Angeles’ Bid for the 2024 Olympics [Publication Details]

Mar 23, 2017 - Correction 5/25/2017: Changed date for new L.A. football stadium's first Super Bowl to 2022, following a decision on this matter by NFL team owners. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/3622

The 2023-24 Budget: Broadband Infrastructure

Mar 20, 2023 - Middle ‑mile network architecture decisions and final contract awards are expected within the calendar year. Last ‑mile project grant rounds are opening midyear, ending with awards early next year. Project financing through the Broadband Loan Loss Reserve Fund also is expected in 2023 ‑24.
https://lao.ca.gov/Publications/Report/4747

The 2024-25 Budget: Department of Cannabis Control—Legal and Administrative Hearing Costs

Mar 4, 2024 - It also includes $2.7  million for DOJ costs and $4.1  million for OAH costs annually in 2024-25 through 2026-27. The 2021-22 Budget Act initially provided DCC with three years of funding for its DOJ and OAH costs.
https://lao.ca.gov/Publications/Report/4869

The 2024-25 Budget: The MCO Tax Package at May Revision [Publication Details]

May 22, 2024 - The 2024-25 Budget: The MCO Tax Package at May Revision [Publication Details] The 2024-25 Budget: The MCO Tax Package at May Revision Format: HTML Description: This post provides our initial assessment of the Governor’s proposed managed care organization (MCO) tax package in the May Revision.
https://lao.ca.gov/Publications/Detail/4905

The 2024-25 Budget: Governor's Office of Business and Economic Development

Feb 20, 2024 - ISRF Could Continue Normal Operations in 2024-25 Without Additional $50  Million. Without this proposal, IBank currently anticipates having around $60  million in ISRF funds available to loan to public agencies in 2024-25.
https://lao.ca.gov/Publications/Report/4846

The 2024-25 Budget: Overview of the Federal Fiscal Responsibility Act's Impacts on CalWORKs

Mar 5, 2024 - The 2024-25 Budget: Overview of the Federal Fiscal Responsibility Act's Impacts on CalWORKs 24 Failed a Due to the American Recovery and Investment Act of 2009, states could receive the caseload reduction credit from either 2007 or 2008 for WPR calculation from 2008 to 2011.
https://lao.ca.gov/Publications/Report/4877