Housing and Homelessness Funding Impacting Children

Mar 25, 2019 - Instead, Medi ‑Cal costs are generally shared between the federal and state governments. Mixed ‑Income Loan Program. Provides loans to developers for housing developments that include housing for low ‑ to middle ‑income households.
https://lao.ca.gov/Publications/Report/3985

How Has COVID-19 Affected Renters and Homeowners?

Jan 19, 2021 - As shown in Figure  1 , nearly 80  p ercent of households with less than $50, 000 i n annual earnings rent, whereas only 28  p ercent of households with more than $150, 000 i n annual earnings rent. As shown in Figure  2 , more than half of workers who have lost their jobs are members of lower ‑income households (less than $50, 000 i n annual earnings).
https://lao.ca.gov/Publications/Report/4312

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

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - In addition, investors that maintain their investment for at least ten years will not be taxed on any capital gains earned on their Opportunity Zone investment. Various Government Programs Help Californians Afford Housing.
https://lao.ca.gov/Publications/Report/4038

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

Jan 24, 2020 - Shared Revenues Have Doubled Under SB 1 As shown in Figure  2, increases in shared revenues associated with SB  1 have significantly improved funding for local streets and roads. In 2018 ‑19, shared revenues increased to $2.6   billion —a twofold increase from prior to the passage of SB  1.
https://lao.ca.gov/Publications/Report/4142

The 2018-19 Budget: County Assessor Funding

Feb 15, 2018 - Orange, San Mateo, and Santa Clara Counties get a comparatively small share and schools in these counties receive above-average shares. Los Angeles and San Francisco Counties, in contrast, get a larger share of the countywide property tax and their schools receive smaller shares.
https://lao.ca.gov/Publications/Report/3756

Common Claims About Proposition 13 - Did Proposition 13 Cause Residential Properties to Pay a Larger Share of Property Tax? [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Did Proposition 13 Cause Residential Properties to Pay a Larger Share of Property Tax? September 19, 2016
https://lao.ca.gov/Videos/Player?playlistId=103&videoId=154

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

May 12, 2021 - Local governments that rely more heavily on TOT revenues —meaning TOT makes up a larger share of overall revenue sources —likely have seen larger revenue declines than those that rely on other revenues.
https://lao.ca.gov/Publications/Report/4428

The 2016-17 Budget: Local Government Mandates--Reasonable Reimbursement Methodology

Mar 17, 2016 - Small Share of Claims Audited, But Large Share of Those Are Reduced. Last year, SCO issued roughly 130 audit reports related to mandate claims. Each audit report included an average of five local government reimbursement claims for particular mandates.
https://lao.ca.gov/Publications/Report/3395

The 2019-20 Budget: California Spending Plan—Housing and Homelessness

Oct 17, 2019 - Allocations to each local entity are based on the entity ’s share of the statewide homeless population in 2019, however, entities must apply for funding by describing their current efforts to address homelessness and how the state funds would be used.
https://lao.ca.gov/Publications/Report/4102