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Economy and Taxes (9)
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The 2025-26 Budget: Update on Implementation of New Firearm and Ammunition Tax

Feb 19, 2025 - The 2024-25 budget package required CDE to set aside up to $35  million of its 2025-26 GVPSS allocation for providing youth behavioral health training to staff who work directly with students in grades 7 through 12.
https://lao.ca.gov/Publications/Report/4970

The 2019-20 Budget: California Spending Plan—Conformity

Oct 17, 2019 - Excludes the Discharge of Student Loan Debt on Account of Death or Disability From Income. Federal student loans are “discharged ” (do not have to be repaid) under certain circumstances. If an accredited college closes, for example, those students enrolled there may be able to obtain a discharge of their associated student loan debt.
https://lao.ca.gov/Publications/Report/4100

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - The budget provides a total of $ 577  m illion ($ 390  m illion ongoing and $ 187  m illion one time) to districts based on their unduplicated counts of low ‑income students, English learners, and students with disabilities they serve.
https://lao.ca.gov/Publications/Report/3916

The 2023-24 Budget: Considering Inflation's Effects on State Programs

Nov 16, 2022 - These benefits include, for example, cash assistance programs like CalWORKs and Supplemental Security Income/State  Supplementary Payment (SSI/SSP), as well as Cal Grants provided to students for non ‑tuition expenses.
https://lao.ca.gov/Publications/Report/4647

The 2020-21 Budget: Overview of the Governor's Budget

Jan 13, 2020 - The administration, however, expects each segment to focus on college affordability, access, timely degree completion, and the narrowing of student achievement gaps. The administration, however, is silent on the specific issue of whether the segments are to increase student tuition levels.
https://lao.ca.gov/Publications/Report/4135

Income Mobility in California Across Generations

Jan 4, 2017 - Places that produce greater mobility tend to have schools with higher student test scores, lower student dropout rates, smaller class sizes, and more expenditures per student. Stronger Social Networks.
https://lao.ca.gov/Publications/Report/3518

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - For example, expanding childcare primarily benefits families with young children and reducing college tuition primarily benefits college students. Economic stimulus can be broad or targeted. In assessing an economic stimulus proposal, consider which groups would directly benefit from t he new program and whether that is consistent with the needs of the economy.
https://lao.ca.gov/Publications/Report/4331

The 2017-18 Budget: An Overview of the Governor's Proposition 56 Proposals

Feb 22, 2017 - This program provides competitive grants to schools to educate students on avoiding tobacco use. These funds supplement exiting tobacco ‑related school programs, as required by the measure. LAO Findings Revenue Estimates and Allocations Governor ’s Overall Estimate for Proposition   56 Revenues Reasonable.
https://lao.ca.gov/Publications/Report/3573

Building Reserves to Prepare for a Recession

Mar 7, 2018 - The minimum guarantee rises or falls with a variety of inputs, including: General Fund revenue, per capita personal income, and K ‑12 student attendance, among other factors. The formulas also provide for “maintenance factor, ” which requires the state to accelerate school funding in strong revenue years to compensate for lower funding in weaker years.
https://lao.ca.gov/Publications/Report/3769