Updating Special Education Out-of-Home Care Funding

Feb 23, 2021 - In recent years, the state has continued to provide Out ‑of ‑Home Care funding, but counts of foster youth and bed capacity for group homes have been frozen at 2016 ‑ 17 l evels for each SELPA. In other words, for the past several years, Out ‑of ‑Home Care funding has not accounted for changes in foster youth counts in each SELPA, the placement of more foster youth with resource families, or the replacement of group homes with STRTPs.
https://lao.ca.gov/Publications/Report/4386

The 2021-22 Budget: State Board of Equalization

Feb 23, 2021 - BOE ’s overall vacancy rate in 2017 ‑ 18 —the first fiscal year under the new organizational structure —was 14  p ercent, similar to many state departments. By 2019 ‑20, the vacancy rate had grown to 32  p ercent.
https://lao.ca.gov/Publications/Report/4385

The 2021-22 Budget: Hastings College of the Law [Publication Details]

Feb 22, 2021 - This report analyzes the Governor's proposal to provide the Hastings College of the Law a General Fund base increase in 2021-22.
https://lao.ca.gov/Publications/Detail/4383

The 2021-22 Budget: Hastings College of the Law

Feb 22, 2021 - According to the website “Law School Transparency, ” the average Hastings ’ graduate spends 24  p ercent of his or her first ‑year income to repay student debt, whereas the burden for UC law school graduates ranges between 13  p ercent and 21  p ercent.
https://lao.ca.gov/Publications/Report/4383

Income Tax Withholding Tracker: February 1 - February 19 [EconTax Blog]

Feb 19, 2021 - As of January 25, the tracker showed an increase of 6.1 percent ($3.599 billion). The final graph shows the year over year changes in cumulative withholding for California in 2020-21, the United States in 2020-21 (from the federal income tax), and California in 2009-10 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/627

The 2021-22 Budget: Behavioral Health: Community Care Demonstration Project

Feb 19, 2021 - DSH Would Reassess Methodology for Ongoing Funding Amount After Three Years. Under the CCDP, DSH would reassess the methodology for determining the ongoing funding amount provided to participating counties after three years.
https://lao.ca.gov/Publications/Report/4382

The 2021-22 Budget: Educator Workforce Proposals [Publication Details]

Feb 19, 2021 - In this post, we analyze the Governor’s proposals to address teacher shortages, as well as his proposals to provide additional professional development for school staff. For each, we provide background, describe the Governor’s proposals, assess these proposals, and offer associated recommendations.
https://lao.ca.gov/Publications/Detail/4381

The 2021-22 Budget: Educator Workforce Proposals

Feb 19, 2021 - Classified Program ($25   Million Proposition   98). Funding would support at least an additional 1, 041 p articipants with grants of up to $24, 000 o ver five years. School districts, county offices of education (COEs), and charter schools that have not previously received funding would receive priority for funding.
https://lao.ca.gov/Publications/Report/4381

4th Quarter 2020 Venture Capital Funding Report [EconTax Blog]

Feb 18, 2021 - The state has always attracted a disproportionate share of nationwide VC funding, and in fact the state ’s VC funding has exceeded the other 49 states combined in each of the past seven calendar years.
https://lao.ca.gov/LAOEconTax/Article/Detail/625

Why is Venture Capital Funding a Useful Economic Indicator? [EconTax Blog]

Feb 18, 2021 - VC has long been a critical funding source for California ’s high technology firms, whose strong growth over the past several years has been fueled by a sustained increase in VC funding. Our office has found a strong correlation between a lagged measure of VC funding and employment growth in the information and professional/technical services sectors which include many of the state ’s high-tech firms.
https://lao.ca.gov/LAOEconTax/Article/Detail/626