A Framework for Evaluating State-Level Green Stimulus Proposals

Jan 5, 2021 - The degree to which environmental projects spend money on in ‑state labor and materials varies. Most projects result in a mix of in ‑state and out ‑of ‑state spending. For example, a proposal to subsidize solar energy likely would result in spending on in ‑state labor for installation but the purchase of solar panels manufactured out ‑of ‑state.
https://lao.ca.gov/Publications/Report/4308

A Framework for Evaluating State-Level Green Stimulus Proposals [Publication Details]

Jan 5, 2021 - A Framework for Evaluating State-Level Green Stimulus Proposals [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4308

Income Tax Withholding Tracker: December 1 - December 23 [EconTax Blog]

Dec 23, 2020 - Nonetheless, given the pace and severity of the shift in the state ’s economy resulting from the COVID-19 pandemic, tracking monthly withholding is a useful way to assess the state ’s evolving economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/603

Home Prices Update: November 2020 [EconTax Blog]

Dec 22, 2020 - In the longer term, chronically high housing costs have hurt the state ’s business climate and been a key reason California loses residents to other states on net in most years. November 2020 data suggest that home price growth has accelerated even more in California than nationwide in recent months.
https://lao.ca.gov/LAOEconTax/Article/Detail/602

November 2020 Jobs Report [EconTax Blog]

Dec 18, 2020 - 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  November  was 8.0 percent below the level of February, somewhat worse than the national figure of 6.4 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/599

California Community Colleges—Managing Cash in a Time of State Payment Deferrals [Publication Details]

Dec 18, 2020 - California Community Colleges—Managing Cash in a Time of State Payment Deferrals [Publication Details] California Community Colleges—Managing Cash in a Time of State Payment Deferrals Format: HTML Description: To help address the state’s large budget deficit as estimated in June 2020, the 2020-21 budget package deferred a substantial amount of General Fund payments to schools and the California Community Colleges (CCC).
https://lao.ca.gov/Publications/Detail/4307

California Community Colleges—Managing Cash in a Time of State Payment Deferrals

Dec 18, 2020 - (Other options for using one ‑time Proposition  98 settle ‑up funds include addressing student learning loss and reducing districts ’ unfunded pension liabilities.) Two Main Options Regarding Timing.
https://lao.ca.gov/Publications/Report/4307

November 2020 State Tax Collections [EconTax Blog]

Dec 16, 2020 - November 2020 State Tax Collections [EconTax Blog] Seth Kerstein November revenue collections from the state ’s three largest taxes —the personal income tax, corporation tax, and sales tax —were ahead of budget projections by $2.4 billion (33 percent).  
https://lao.ca.gov/LAOEconTax/Article/Detail/598

California New Business Creation: November 2020 [EconTax Blog]

Dec 10, 2020 - California New Business Creation: November 2020 [EconTax Blog] California New Business Creation: November 2020 December 10, 2020 Brian Uhler The extent of new business creation in California can be an important gauge of the health of the state ’s economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/594

2020-21 Fiscal Outlook: Recent Job Losses Concentrated Among Childless Workers, Dampening Caseload Growth [EconTax Blog]

Dec 8, 2020 - Specifically, while workers under 25 years old represent 11 percent of the state ’s overall workforce, these workers account for 24 percent of recent job losses. These younger workers are less likely to have children than older workers —6 percent of workers under 25 years old are parents, whereas almost half of workers over 25 years old are parents.
https://lao.ca.gov/LAOEconTax/Article/Detail/591