The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - Past Experience Offers Insights on Magnitude of Possible Windfalls. Past experience with New Market Tax Credits also can shed some light on how much of the proposed state Opportunity Zone benefit would be windfalls for investors.
https://lao.ca.gov/Publications/Report/4038

The 2019-20 Budget: What Can Be Done to Improve Local Planning for Housing?

Feb 20, 2019 - Given this, offering rewards to cities and counties in hopes of boosting housing production seems like a risky bet. If the Legislature were to allocate funding for rewards, it cannot be sure what effect, if any, such a program would have on home building.
https://lao.ca.gov/Publications/Report/3938

An Initial Look at Effects of the COVID-19 Pandemic on Local Government Fiscal Condition

May 12, 2021 - The state will have limited insight into which local governments have been most affected by the pandemic until after the SCO publishes additional years of local government financial data. The picture will beco me more clear next year when the Legislature considers the state ’s 2022 ‑ 23 b udget after the SCO has published local governments ’ 2019 ‑20 financial data and clearer
https://lao.ca.gov/Publications/Report/4428