The 2021-22 Budget: Behavioral Health: Community Care Demonstration Project

Feb 19, 2021 - Participating Counties Would Be Charged a Premium for Use of State Hospital Beds. Not every felony IST can be treated adequately by counties, as some felony ISTs require a higher level of care that only can be provided in state hospitals.
https://lao.ca.gov/Publications/Report/4382

The 2021-22 Budget: Educator Workforce Proposals [Publication Details]

Feb 19, 2021 - In this post, we analyze the Governor’s proposals to address teacher shortages, as well as his proposals to provide additional professional development for school staff. For each, we provide background, describe the Governor’s proposals, assess these proposals, and offer associated recommendations.
https://lao.ca.gov/Publications/Detail/4381

The 2021-22 Budget: Behavioral Health: Community Care Demonstration Project [Publication Details]

Feb 19, 2021 - This post analyzes the Governor’s proposal in the Department of State Hospitals to provide $233.2 million General Fund in 2021-22 and $136.
https://lao.ca.gov/Publications/Detail/4382

The 2021-22 Budget: Educator Workforce Proposals

Feb 19, 2021 - According to the California State Teachers ’ Retirement System, which manages the state ’s pension system for teachers, 3,202 California teachers retired in the second half of 2020 —a 26  p ercent increase relative to 2019.
https://lao.ca.gov/Publications/Report/4381

4th Quarter 2020 Venture Capital Funding Report [EconTax Blog]

Feb 18, 2021 - The state has always attracted a disproportionate share of nationwide VC funding, and in fact the state ’s VC funding has exceeded the other 49 states combined in each of the past seven calendar years.
https://lao.ca.gov/LAOEconTax/Article/Detail/625

Why is Venture Capital Funding a Useful Economic Indicator? [EconTax Blog]

Feb 18, 2021 - Over the longer term, VC funding can significantly impact state revenue through another channel: initial public stock offerings (IPOs) of privately held firms. When a firm goes public through an IPO, its owners and employees will typically realize large gains from stock options, and these gains are taxable as ordinary income under state and federal law.
https://lao.ca.gov/LAOEconTax/Article/Detail/626

The 2021-22 Budget: Funding for Debt Collector Licensing and Regulation

Feb 17, 2021 - For example, in implementing the S B   908 l icense application process, DFPI will need to assess whether applicants are of sound financial condition, have a reasonable business plan, and are likely to comply with state law.
https://lao.ca.gov/Publications/Report/4376

The 2021-22 Budget: Medi-Cal Enterprise System Modernization Effort

Feb 17, 2021 - Medi ‑Cal, the state ’s Medicaid program, provides health coverage to more than 13  m illion of the state ’s low ‑income residents. To operate the program, DHCS manages many IT systems enabling payment of over $ 100  b illion in expenditures annually.
https://lao.ca.gov/Publications/Report/4375

The 2021-22 Budget: Behavioral Health: Medi-Cal Student Services Funding Proposal

Feb 17, 2021 - Both state and local funding is available to support these partnership efforts. Counties can use their local funds to support these relationships, and state grant funding through the Mental Health Stude nt Services Act program also has been made available to counties to support these efforts.
https://lao.ca.gov/Publications/Report/4377

The 2021-22 Budget: Behavioral Health: Continuum Infrastructure Funding Proposal

Feb 17, 2021 - State Grant Programs for County Behavioral Health Facility Acquisition. In recent years, the state created limited ‑term grant programs for the acquisition of infrastructure for community behavioral health facilities by counties.
https://lao.ca.gov/Publications/Report/4379