The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan

Feb 10, 2021 - Employers pay both state and federal UI payroll taxes. State UI tax revenues are deposited into the state ’s UI trust fund to pay benefits to unemployed workers. State UI tax rates are set based on rate schedules laid out in state law.
https://lao.ca.gov/Publications/Report/4360

Home Prices Update: February 2021 [EconTax Blog]

Apr 5, 2021 - These are the highest 12-month growth rates in the state since 2014 and in the nation since 2006, although the gap between the state and national growth rates is the smallest since September. Low interest rates that make monthly mortgage payments more affordable (all else equal) have contributed to the price increases, and the pandemic-driven shift to remote work may also be driving home prices up.
https://lao.ca.gov/LAOEconTax/Article/Detail/637

Snapshot of the California Economy: February 2021 [EconTax Blog]

Apr 6, 2021 - Over the last year, the state has experienced abrupt and dramatic swings in economic activity. While a variety of data is available to track developments in the state economy, drawing clear conclusions from these disparate data points can be difficult.
https://lao.ca.gov/LAOEconTax/Article/Detail/640

The 2021-22 Spending Plan: Broadband Infrastructure [Publication Details]

Oct 27, 2021 - This post details the key actions and events that preceded the 2021‑22 budget agreement, outlines the agreement (including a breakdown of the 2021‑22 appropriations), and describes key components of accompanying changes in state law—Chapter 112 of 2021 (SB 156, Committee on Budget and Fiscal Review).
https://lao.ca.gov/Publications/Detail/4467

California New Business Creation: July 2021 [EconTax Blog]

Aug 9, 2021 - California New Business Creation: July 2021 [EconTax Blog] California New Business Creation: July 2021 August 9, 2021 Brian Uhler The extent of new business creation in California can be a useful gauge of the health of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/683

New Workload and Funding for the California Department of Education (CDE) [EdBudget]

Oct 4, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/550

The 2021-22 Budget: UC Division of Agriculture and Natural Resources

Feb 26, 2021 - State Line Item. In 2017 ‑18, the state altered this funding arrangement by directly budgeting General Fund for UC ’s central services (including ANR) in the annual budget act. The state established this line item in response to a report from the California State Auditor that raised concerns over UCOP ’s budget transparency.
https://lao.ca.gov/Publications/Report/4391

Child Custody and Juvenile Dependency. [Ballot]

Mar 17, 2021 - However, some or all of the county costs resu lting from increased workload could potentially be shifted to the state. This is because the State Constitution generally requires that the state fund child welfare-related cost in creases resulting from state legislation.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-001

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - New state spending may ( 1)  d irectly increase state employment; ( 2)  i ncrease state purchases of goods and services from the private sector; and/or ( 3)  i ncrease private ‑sector employment, spending, and investment.
https://lao.ca.gov/Publications/Report/4331

March 2021 Jobs Report [EconTax Blog]

Apr 29, 2021 - The figure below shows how employment has evolved in both the state and the nation since the start of the pandemic. Overall employment in the state as of the middle of  March  was 8.6 percent below the level of February 2020, considerably worse than the national figure of 5.5 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/648