The 2021-22 Budget: Preliminary Comments on the Governor’s May Revision Proposal for Broadband Infrastructure [Publication Details]

May 24, 2021 - The administration’s 2021-22 May Revision proposes up to $7 billion (federal and state funds) over two fiscal years to fund state broadband infrastructure projects and programs. In this post, we provide our preliminary comments on this proposal, reflecting our understanding of the proposal as of Sunday, May 23, and provide options for legislative consideration.
https://lao.ca.gov/Publications/Detail/4440

The 2021-22 Budget: LAO Preliminary Comments on the Governor’s Major May Revision Behavioral Health Proposals

May 24, 2021 - This approach appears to represent an expansion of the state ’s role in providing for the behavioral health care of children as it, for example, would extend the state ’s role beyond public programs, such as Medi-Cal, for which it is currently responsible.
https://lao.ca.gov/Publications/Report/4439

The 2021-22 Budget: Preliminary Comments on the Governor’s May Revision Proposal for Broadband Infrastructure

May 24, 2021 - Signed into law on March  11, 2021, ARP allocated $195.3  billion to a Coronavirus State Fiscal Recovery Fund. States can use their allocation from this fund for a very broad set of uses at their discretion, which is stated to include, for example, investment in broadband infrastructure.
https://lao.ca.gov/Publications/Report/4440

The 2021-22 Budget: Department of Developmental Services (DDS) May Revision Budget Proposal

May 24, 2021 - (While the higher HCBS matching rate can only be claimed on state HCBS spending between April 1, 2021 through March  31, 2022, states can use the additional funds generated through March  31, 2024.) The ARP Act stipulated that funding could not supplant state funding.
https://lao.ca.gov/Publications/Report/4438

Proposition 98 Key Inputs and Outcomes Under May Revision [EdBudget]

May 23, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/508

The 2021-22 Budget: Multiyear Budget Outlook [Publication Details]

May 23, 2021 - This report presents our office’s independent assessment of the condition of the state General Fund budget through 2024-25 assuming the economy continues to grow. While the state faces a historic surplus, a spending level beyond what is proposed by the Governor would require the Legislature to identify proposals to reject.
https://lao.ca.gov/Publications/Detail/4437

The 2021-22 Budget: Multiyear Budget Outlook

May 23, 2021 - Under the Governor’s May Revision proposals, however, in future years, the state could collect revenues in excess of the SAL, but not have a surplus. If that occurred, the state would need to make cuts to existing programs in order to meet its constitutional requirements.
https://lao.ca.gov/Publications/Report/4437

April 2021 Jobs Report [EconTax Blog]

May 21, 2021 - California leisure/hospitality employment continued to rebound from the sharp drops in December and January, although it rem ains far more depressed than its national counterpart as the state has generally been slower to lift pandemic-related restrictions than other states have.
https://lao.ca.gov/LAOEconTax/Article/Detail/657

The 2021-22 Budget: LAO Preliminary Comments on the May Revision Medi-Cal Budget

May 21, 2021 - For example, the May Revision assumes a much larger portion of the higher caseload due to COVID ‑19 will fall within the childless adult population (which is low cost from a state perspective) and a much smaller portion of higher caseload will fall within the senior and persons with disabilities population (which is high cost from a state perspective).
https://lao.ca.gov/Publications/Report/4436

Home Prices Update: April 2021 [EconTax Blog]

May 20, 2021 - All the other large counties in the state are up at least 10 percent, and still have housing prices far below any of those three.  
https://lao.ca.gov/LAOEconTax/Article/Detail/656