Federal COVID-19-Related Funding to California

Apr 28, 2020 - These include payments to the state government, local governments (including cities, counties, and special districts), tribal governments, and other public entities (like housing authorities, school districts, and other local educational agencies).
https://lao.ca.gov/Publications/Report/4226

Income Tax Withholding Tracker: April 20-April 24 [EconTax Blog]

Apr 24, 2020 - Income Tax Withholding Tracker: April 20-April 24 [EconTax Blog] Income Tax Withholding Tracker: April 20-April 24 April 24, 2020 Brian Uhler Bottom Line: Weakness in income tax withholding continued this week, with collections experiencing a slightly steeper decline than they did during the comparable week of the Great Recession.  
https://lao.ca.gov/LAOEconTax/Article/Detail/458

State Funding Actions Related to COVID-19

Apr 20, 2020 - . $100.0 Travel trailers and hotel and motel beds for immediate homeless housing. 50.0 Funding to counties for increased administrative costs in CalFresh. $24.3 Funding to counties for increased administrative costs in Medi ‑Cal. 12.7 Funding to counties for increased administrative workload for CalWORKs. 8.0 Reimbursement to
https://lao.ca.gov/Publications/Report/4223

Income Tax Withholding Tracker: April 13-April 17 [EconTax Blog]

Apr 17, 2020 - Income Tax Withholding Tracker: April 13-April 17 [EconTax Blog] Income Tax Withholding Tracker: April 13-April 17 April 17, 2020 Justin Garosi Bottom Line: Breaking with the pattern of recent weeks, this week ’s withholding was slightly above the comparable week in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/453

Federal COVID-19 Response Actions Affecting Older Adults and Persons with Disabilities

Apr 16, 2020 - While county social workers must still perform initial assessments to determine IHSS eligibility, they may do so using a telehealth option in lieu of face-to-face visits. Additionally, counties may suspend recipient annual reassessments through June 30, 2020.
https://lao.ca.gov/Publications/Report/4221

U.S. Retail Sales: March 2020 [EconTax Blog]

Apr 15, 2020 - The drop in overall retail sales will hurt sales tax revenues both for the state and local governments. Due to a state General Fund exemption for fuel, gas stations are a significant source of sales tax revenue for local governments, but not for the state.
https://lao.ca.gov/LAOEconTax/Article/Detail/451

Federal Stimulus Funds for Transit

Apr 15, 2020 - In California, 25 “self-help ” counties have passed local sales tax measures for transportation, a portion of which goes to transit. Also, State Transit Assistance is the state ’s largest funding program for transit and is funded by the sales tax on diesel.
https://lao.ca.gov/Publications/Report/4220

Income Tax Withholding Tracker: 4/6 to 4/10 [EconTax Blog]

Apr 10, 2020 - Income Tax Withholding Tracker: 4/6 to 4/10 [EconTax Blog] Income Tax Withholding Tracker: 4/6 to 4/10 April 10, 2020 Brian Uhler Bottom Line: Withholding has shown significant weakness for three weeks in a row.
https://lao.ca.gov/LAOEconTax/Article/Detail/450

State Options to Expand Unemployment Benefits

Apr 9, 2020 - Weekly benefit amounts could be set based on each worker ’s most recent tax return or other proof of income. In many cases, however, ineligible workers have no way to show prior earnings. This likely is true for undocumented workers who work informally and do not file income tax returns using an Individual Tax Identification Number.
https://lao.ca.gov/Publications/Report/4219

State Budget Effects of Recent Federal Actions to Address COVID-19

Apr 5, 2020 - For example, if both the City of Los Angeles and Los Angeles County request funds, the city will receive funding based on its population and the county will receive funding based on its population excluding the city ’s population.
https://lao.ca.gov/Publications/Report/4217