Overview of Federal Relief for K-12 Education and Child Care

Apr 29, 2021 - States Are Expected to Maintain Education Funding at Recent Levels. As a condition of receiving a state allocation under ESSER and GEER funding, states are to maintain their support for education. Specifically, states must agree to maintain their support for K-12 education and higher education in fiscal years 2020 and 2021 at the average annual level they provided in the prior three fiscal years.
https://lao.ca.gov/Publications/Report/4419

March 2021 State Tax Collections [EconTax Blog]

Apr 28, 2021 - March 2021 State Tax Collections [EconTax Blog] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/LAOEconTax/Article/Detail/646

Home Prices Update: March 2021 [EconTax Blog]

Apr 28, 2021 - San Francisco ’s average home price is down 2.6 percent over the past year, neighboring San Mateo is up just 0.4 percent, and every other large county in the state is up at least 9 percent. San Francisco and San Mateo still have higher home prices than any of the state ’s other 56 counties.  
https://lao.ca.gov/LAOEconTax/Article/Detail/645

Income Tax Withholding Tracker: April 1 - April 26 [EconTax Blog]

Apr 26, 2021 - The final graph compares the state ’s year over year percent change in cumulative withholding in 2020-21 to the nation ’s withholding from the federal income tax, and shows that state collections have maintained a faster pace for months.
https://lao.ca.gov/LAOEconTax/Article/Detail/644

The 2021-22 Budget: The Governor’s Proposition 2 Proposals [Publication Details]

Apr 26, 2021 - This post provides an overview of the Governor’s proposals related to Proposition 2 (2014). We provide background on how the measure works, and then summarize and comment on the Governor’s Proposition 2 reserve and debt payment proposals.
https://lao.ca.gov/Publications/Detail/4418

The 2021-22 Budget: The Governor’s Proposition 2 Proposals

Apr 26, 2021 - Since then, the state has repaid all of the eligible budgetary debts, meaning the remaining eligible uses of Proposition  2 are related to unfunded liabilities for pensions and retiree health benefits, as shown in Figure  4.
https://lao.ca.gov/Publications/Report/4418

Early Budget Actions to Support In-Person K-12 Instruction and Address Learning Loss

Apr 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/Publications/Report/4417

The State Appropriations Limit

Apr 21, 2021 - The Constitution defines this exclusion as: “appropriations required to pay the cost of interest and redemption charges ... on indebtedness existing or legally authorized as of January 1, 1979, or on bonded indebtedness thereafter approved according to law by a vote of the electors... ” In implementing legislation, the Legislature chose not to include some outstanding debt that existed in 1979 —such as unfunded pension liabilities —as an exemption under  this  language.
https://lao.ca.gov/Publications/Report/4416

The State Appropriations Limit [Publication Details]

Apr 21, 2021 - The State Appropriations Limit [Publication Details] HTML Description: This report: (1) describes how appropriations limits work for the state, school districts, and local governments in California; (2) explains why the limit is a constraint for state government; and (3) concludes with a variety of short- and long-term policy options—both of which we think the Legislature will need to take—in response to the issue.
https://lao.ca.gov/Publications/Detail/4416

Environmental Sustainability Education in Schools (Amendment #1). [Ballot]

Apr 20, 2021 - This minimum requirement grows over time based on increases in state revenues, the economy, and the number of students in the state. The state meets the minimum requirement by providing schools with funding from local property tax revenue and state tax revenue.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-002