The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan

Feb 10, 2021 - Specifically, if the average state unemployment rate exceeded 7. 5  p ercent during the first six months of the prior calendar year (in this case, January through June 2020), the state may pay 25  p ercent of the interest due.
https://lao.ca.gov/Publications/Report/4360

The 2021-22 Budget: Creating a New Department of Better Jobs and Higher Wages

Feb 10, 2021 - Legislature Rejected the Same Proposal Last Year. The Governor first proposed to create the Department of Better Jobs and Higher Wages last year as part of the 2020 ‑ 21 b udget process. At that time, Legislative budget subcommittee hearings were consolidated due to the coronavirus disease 2019 (COVID ‑1 9) p andemic.
https://lao.ca.gov/Publications/Report/4361

The 2021-22 Budget: Department of Resources Recycling and Recovery (CalRecycle) [Publication Details]

Feb 10, 2021 - This publication analyzes the Governor’s $1.6 billion proposed budget for the California Department of Resources Recycling and Recovery (CalRecycle), which reflects a $2.3 billion (60 percent) decrease compared to estimated current-year expenditures. The decrease is almost entirely due to one-time General Fund expenditures in 2020-21 related to wildfire debris removal.
https://lao.ca.gov/Publications/Detail/4359

The 2021-22 Budget: CalAIM: The Overarching Issues

Feb 9, 2021 - The 2021-22 Budget: CalAIM: The Overarching Issues a To assist with the establishment of enhanced care management and in lieu of services. b Not included in last year ’s proposal. c While the 2024 ‑25 costs are as listed, ongoing costs are proposed to be $20 million total funds, $10 million General Fund.
https://lao.ca.gov/Publications/Report/4357

The 2021-22 Budget: California Department of Technology

Feb 8, 2021 - …But Significantly Increase General Fund Expenditures Year Over Year. However, if the Legislature approves these proposals, General Fund expenditures for CDT will increase $32.7  million year over year from $6.8  million in 2020 ‑21 to $39.5  million in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4356

The 2021-22 Budget: California Student Aid Commission

Feb 8, 2021 - Cal Grants are provided as entitlements to recent high school graduates and transfer students under age 28. The state also provides a limited number of competitive awards to other students—typically older students who have been out of school for at least a few years.
https://lao.ca.gov/Publications/Report/4355

The 2021-22 Budget: Transitional Kindergarten Expansion Package

Feb 5, 2021 - The Governor proposes a multiyear effort, with 2021 ‑22 serving as a planning year where school districts would apply for the grants. Selected school districts would then receive funding for the year ‑over ‑year increase in TK students served in the 2022 ‑23 school year, and would receive per ‑pupil grants equivalent to half of the LCFF rate.
https://lao.ca.gov/Publications/Report/4350

California New Business Creation: January 2021 [EconTax Blog]

Feb 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/621

Building Permits Update: December 2020 [EconTax Blog]

Feb 4, 2021 - Still, activity in November and December combined was very close to the 2015-19 average after being well below it for most of the rest of the year. More than half the units permitted in December came from Los Angeles and San Diego counties.
https://lao.ca.gov/LAOEconTax/Article/Detail/618

The 2021-22 Budget: Special Education Proposals

Feb 4, 2021 - This incentive may be most likely to affect how districts address borderline cases, such as a three ‑year old with slow speech development, where it may be difficult to determine whether the child needs special intervention to catch up to peers.
https://lao.ca.gov/Publications/Report/4345