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

U.S. Retail Sales Update: January 2021 [EconTax Blog]

Feb 17, 2021 - Last year, in the early stages of the pandemic, the U.S. experienced changes in retail sales that were far larger than any month-to-month swings ever previously recorded. Although the fluctuations over the last few months have been less extreme than those in the first half of 2020, they have been large nevertheless.
https://lao.ca.gov/LAOEconTax/Article/Detail/624

The 2021-22 Budget: Funding for Debt Collector Licensing and Regulation

Feb 17, 2021 - This would provide the Legislature with information to assess the department ’s ongoing need for resources as it considers the budget for 2024 ‑ 25 —the year S B  908 funding would expire. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California
https://lao.ca.gov/Publications/Report/4376

The 2021-22 Budget: Medi-Cal Enterprise System Modernization Effort

Feb 17, 2021 - The administration decided last year to consolidate the previous Medi ‑Cal IT system modernization initiatives and associated projects into a single MES Modernization effort. While DHCS expects MES Modernization to include the previous Medi ‑Cal IT system modernization initiatives, the new effort also will include other projects and substantially broadens the scope of Medi ‑Cal IT system modernization.
https://lao.ca.gov/Publications/Report/4375

The 2021-22 Budget: Behavioral Health: Medi-Cal Student Services Funding Proposal

Feb 17, 2021 - Below, we describe two other Governor ’s budget proposals that may have a significant interaction with this proposal. $25   Million One Time to Expand County ‑School Partnership Grant Program. See our budget post, The 2021‑22 Budget: School Mental Health , for a description of this proposal. $25   Million Ongoing in Proposition   98 Matching Funds for County Children ’s Mental Health Projects.
https://lao.ca.gov/Publications/Report/4377

The 2021-22 Budget: Behavioral Health: Continuum Infrastructure Funding Proposal

Feb 17, 2021 - In addition, in order to receive funds, counties would have to identify an ongoing funding amount to support costs related to operating potential facilities and commit to operating potential facilities for a period of 30 years.
https://lao.ca.gov/Publications/Report/4379

The 2021-22 Budget: Behavioral Health: Medi-Cal Student Services Funding Proposal [Publication Details]

Feb 17, 2021 - This post analyzes the Governor’s proposal in the Department of Health Care Services to provide $200 million General Fund ($400 million total funds) one time to provide incentive payments to Medi-Cal managed care plans to increase the number of students receiving behavioral health services.
https://lao.ca.gov/Publications/Detail/4377

The 2021-22 Budget: California Community Colleges

Feb 16, 2021 - The intent is for grantees to begin offering the new round of zero ‑textbook ‑cost degrees by the 2023 ‑24 academic year. The Chancellor ’s Office must report to the Legislature and Department of Finance by June 30,   2024 o n the results of the initiative and make recommendations for further expansion or improvement.
https://lao.ca.gov/Publications/Report/4372

A Review of State Standards and Inspections for Local Detention Facilities

Feb 16, 2021 - Inspect Each Facility Every Two Years. BSCC is required to inspect each local detention facility once every two years to assess compliance with the above standards. Inspectors review policy manuals and other written documentation of facility processes and procedures to assess their compliance with the standards.
https://lao.ca.gov/Publications/Report/4371

The 2021-22 Budget: Analysis of the Medi-Cal Budget

Feb 16, 2021 - School ‑Based Behavioral Health. To increase capacity to provide student behavioral health services, the Governor proposes $ 200  m illion General Fund ($ 400  m illion total funds) one ‑time available for three years to provide incentive payments to Medi ‑Cal managed care plans to establish partnerships with schools and county behavioral health departments.
https://lao.ca.gov/Publications/Report/4373