The 2021-22 Budget: Overview of Proposition 98 Budget Proposals [Publication Details]

Jan 25, 2021 - This handout analyzes the overall architecture of the Governor's plan for school and community college funding, including major spending proposals and underlying estimates of the Proposition 98 minimum guarantee.
https://lao.ca.gov/Publications/Detail/4318

California Community Colleges Proposition 98 Spending by Program [EdBudget]

Jan 21, 2021 - California Community Colleges Proposition 98 Spending by Program [EdBudget] $423 4.4% a Reflects a proposed cost-of-living increase and enrollment growth as well as nonprogrammatic increases from deferral paydowns. b The 2019-20 budget package also provided $6.7 million in prior year settle-up funds for this purpose.
https://lao.ca.gov/Education/EdBudget/Details/463

Unemployment Claims Update: November and December 2020 [EconTax Blog]

Jan 20, 2021 - Initial Claims for Federal Self-Employment Benefits Falls Sharply at End of Year. During August and early September, new claims for the federal Pandemic Unemployment Assistance (PUA) program for self-employed workers spiked unexpectedly, as shown in the figure above.
https://lao.ca.gov/LAOEconTax/Article/Detail/613

Second Round of Higher Education Federal Relief Funds

Jan 20, 2021 - Of this amount, $187  million is reserved for assistance to private K-12 schools. California has discretion to spend the remaining $154  million on emergency grants to elementary and secondary schools, higher education institutions, or other education-related entities.
https://lao.ca.gov/Publications/Report/4315

The 2021-22 Budget: In-Person Instruction Grants [Publication Details]

Jan 20, 2021 - This handout provides background on school reopening in California, describes the Governor's proposal for immediate action to encourage schools to reopen for elementary students, details issues for the Legislature to consider, and offers options for the Legislature to modify the proposal.
https://lao.ca.gov/Publications/Detail/4313

How Has COVID-19 Affected Renters and Homeowners?

Jan 19, 2021 - The law also specifies that for a COVID ‑19 ‑related hardship that occurs later —between September 1, 2020 and January 31, 2021 —tenants must pay at least 25  p ercent of their rent due to avoid eviction.
https://lao.ca.gov/Publications/Report/4312

Deferral Paydowns in Governor's Budget [EdBudget]

Jan 15, 2021 - Deferral Paydowns in Governor's Budget [EdBudget]     a Scoring reflects the year to which the payments are attributed for purposes of meeting the Proposition 98 guarantee. Schools and community colleges will receive all of the associated cash in 2021-22.
https://lao.ca.gov/Education/EdBudget/Details/484

U.S. Retail Sales Update: December 2020 [EconTax Blog]

Jan 15, 2021 - …But Monthly Sales Remain Higher Than Last Year. Despite the decline noted above, December marked the seventh straight month in which sales were higher than last year. In particular, sales in December 2020 were 2.9 percent higher than sales in December 2019. 2020 ’s Full-Year Total Slightly Exceeds 2019 ’s.
https://lao.ca.gov/LAOEconTax/Article/Detail/611

Federal COVID-19 Funds by Higher Education Segment [EdBudget]

Jan 13, 2021 - Institutions have one year to spend the funds. Excludes CARES Act funding that higher education institutions might have received for other purposes, such as research and development. bExcludes funds ($28 million nationally) that will be awarded through a competitive process.
https://lao.ca.gov/Education/EdBudget/Details/457

California Student Aid Commission Budget [EdBudget]

Jan 13, 2021 - California Student Aid Commission Budget [EdBudget] a Less than $500,000 or 0.05%. b Supported by unspent 2019-20 and 2020-21 funds redirected from California Dreamer Service Incentive Grants. c The 2019-20 Budget Act also provided $25 million one time to the Scholarshare Investment Board for the California Kids Investment and Development Savings Program. d Includes Assumption
https://lao.ca.gov/Education/EdBudget/Details/472