California New Business Creation: February 2021 [EconTax Blog]

Mar 4, 2021 - The standard pattern within a year is for a surge of new business formation at the beginning, then gradual declines as the year goes on. This pattern was upended in 2020: the pandemic caused a big drop in the spring, followed by a surge as the economy began to recover.
https://lao.ca.gov/LAOEconTax/Article/Detail/632

The 2021-22 Budget: Improving Legislative Oversight of Emergency Spending Authorities

Mar 2, 2021 - Specifically, the administration would have access to nearly unlimited funding in the budget year while having minimal requirements to notify the Legislature when funds are accessed and no requirement to report on how funds are actually spent on the state ’s COVID ‑ 19 r esponse.
https://lao.ca.gov/Publications/Report/4393

The 2021-22 Budget: California Institutes for Science and Innovation

Mar 2, 2021 - Center for Information Technology Research in the Interest of Society Up to 150 Undergraduate and graduate students from Berkeley, Davis, Merced, Santa Cruz, and Riverside. 25 ‑30 research teams annually, each comprised of 2 ‑5 participants, would conduct projects on various topics.
https://lao.ca.gov/Publications/Report/4394

The 2021-22 Budget: Public School Restrooms Feminine Hygiene Products Mandate [Publication Details]

Mar 1, 2021 - The 2021-22 Budget: Public School Restrooms Feminine Hygiene Products Mandate [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/4392

The 2021-22 Budget: Public School Restrooms Feminine Hygiene Products Mandate

Mar 1, 2021 - Removing these higher claims from the data reduces the per ‑student costs by roughly 25  p ercent. Commission Undercounts Female Student Enrollment in Applicable Schools. To extrapolate its ongoing per ‑pupil costs statewide, the Commission multiplies its per ‑student rates by its estimate of female student enrollment in grades 6 ‑12 at schools with 40  p ercent or more low ‑income students (about 919,000).
https://lao.ca.gov/Publications/Report/4392

The 2021-22 Budget: UC Programs in Medical Education [Publication Details]

Feb 26, 2021 - This post analyzes the Governor's proposal to provide a General Fund augmentation to the University of California's Programs in Medical Education. These programs provide medical education focused on health equity and clinical experiences focused on underserved communities.
https://lao.ca.gov/Publications/Detail/4389

The 2021-22 Budget: UC Programs in Medical Education

Feb 26, 2021 - Both PRIME students and other medical school students generally are required to complete two years of classroom instruction, followed by two years of clinical experiences in hospitals and other medica l settings.
https://lao.ca.gov/Publications/Report/4389

The 2021-22 Budget: UC Division of Agriculture and Natural Resources

Feb 26, 2021 - Though ANR relies on state funding to support its core operations, the state and UC ’s approach to budgeting for ANR costs has changed notably over the years. Below, we describe three ways ANR has been funded.
https://lao.ca.gov/Publications/Report/4391

February 2021 Cap-and-Trade Auction Update [EconTax Blog]

Feb 25, 2021 - The remaining $41 million in additional revenue will be available for discretionary spending —which can be allocated by the Legislature as part of this year ’s budget process, or in future years. Future Auction Revenue Continues to Be Subject to Substantial Uncertainty.
https://lao.ca.gov/LAOEconTax/Article/Detail/630

Home Prices Update: January 2021 [EconTax Blog]

Feb 23, 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. January 2021 data show torrid home price growth in both California and the rest of the country over the past year: the typical home in California has appreciated 10.5 percent since January 2020, somewhat above the national figure of 9.1 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/628