The 2012-13 Budget: Unwinding Redevelopment [Publication Details]

Feb 17, 2012 - Given the scope of these agencies' funds, assets, and financial obligations, the unwinding process will take time. This report reviews the history of RDAs, the events that led to their dissolution, and the process communities are using to resolve their financial obligations.
https://lao.ca.gov/Publications/Detail/2564

The 2012-13 Budget: Unwinding Redevelopment - The 2012-13 Budget: Unwinding Redevelopment [Video]

Given the scope of these agencies ' funds, assets, and financial obligations, the unwinding process will take time. In this video, Managing Principal Analyst Marianne O 'Malley discusses the LAO 's report "The 2012-13 Budget: Unwinding Redevelopment. "
https://lao.ca.gov/Videos/Player?playlistId=53

SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads

Jan 24, 2020 - Local governments also own and maintain over 12,000 bridges and other essential transportation assets such as storm drains, traffic signals, and sidewalks. While various local revenue sources —such as local general funds and sales taxes —make up a majority of the funding for streets and roads, cities and counties also depend on federal and state funds.
https://lao.ca.gov/Publications/Report/4142

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - When an individual or business sells an asset for more than they paid for it, their profit —known as a capital gain —is considered taxable income by the federal and state governments. Under the new Opportunity Zone program, taxpayers can defer federal income taxes on capital gains if those gains are invested in a business or real estate located in an Opportunity Zone.
https://lao.ca.gov/Publications/Report/4038

How Has COVID-19 Affected Renters and Homeowners?

Jan 19, 2021 - Relative to renters, homeowners tend to be higher income and hold greater savings and other assets, positioning them better to weather financial disruptions. Because of homeowners ’ generally stronger financial position and federal policy response to the pandemic, homeowners have fared relatively well during the pandemic compared to the concerns many observers held during the first months of the pandemic.
https://lao.ca.gov/Publications/Report/4312