COVID-19 Disaster Declarations and Funding Implications

Mar 24, 2020 - Most notably, the state must agree to provide a 25  percent funding match. (The federal government covers the remaining 75  percent of eligible costs.) In addition to making California and other states eligible for additional funding, the President ’s emergency declaration also has some other key implications.
https://lao.ca.gov/Publications/Report/4210

Changes in California State University General Fund Spending [EdBudget]

Sep 10, 2021 - The state intends to provide CSU an additional $225 million in each of the subsequent two years for this purpose. e These spending increases are offset by the removal of $20 million in prior-year, one-time funds.
https://lao.ca.gov/Education/EdBudget/Details/530

Building Permits Update: August 2021 [EconTax Blog]

Oct 6, 2021 - Multifamily activity has been unremarkable all year. Los Angeles County led as usual with 1,394 units followed by San Diego County with 871. San Francisco permitted 578 units, its most since January 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/703

The 2022-23 Budget: Oil Well Abandonment and Remediation [Publication Details]

Jan 31, 2022 - The 2022-23 Budget: Oil Well Abandonment and Remediation [Publication Details] The 2022-23 Budget: Oil Well Abandonment and Remediation Format: HTML Description: The Governor’s budget proposes $200 million General Fund over two years for the California Geologic Energy Management Division (CalGEM) within the Department of Conservation (DOC) to plug deserted wells and decommission associated facilities.
https://lao.ca.gov/Publications/Detail/4508

Enrollment by Higher Education Segment [EdBudget]

Jan 13, 2022 - At CCC, 1 FTE student is 525 contact hours per year, which on average generates about 24 credits. For undergraduate education at CSU and UC, 1 FTE student is 30 credit units. For graduate education at CSU, UC, and Hastings, 1 FTE student is 24 credit units.
https://lao.ca.gov/Education/EdBudget/Details/567

Home Prices Update: June 2021 [EconTax Blog]

Jul 28, 2021 - 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. June 2021 data show rapidly accelerating home price growth in both California and the rest of the country over the past year: the typical home in California has appreciated 18.7 percent since June 2020, well above the national figure of 15.0 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/681

The 2019-20 Budget: Assessing the Governor's 1991 Realignment Proposals

Mar 8, 2019 - In some years, the revenues the state provides may exceed counties ’ costs. In other years, the revenues provided by the state may not be sufficient to cover counties ’ costs. Over time, however, the revenue provided is intended to generally cover counties ’ costs for their required realigned program responsibilities.
https://lao.ca.gov/Publications/Report/3962

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

Feb 20, 2019 - This program awarded a total of $ 25  m illion to cities and counties that increased the number of housing permits they issued (for all income levels) by 12  p ercent or more in 2001. Awarded funds could be used for a variety of infrastructure or facilities projects.
https://lao.ca.gov/Publications/Report/3938

K-12 Proposition 98 Funding by Program [EdBudget]

Aug 31, 2021 - K-12 Proposition 98 Funding by Program [EdBudget]     a Includes $50 million each year for Quality Rating and Improvement System. Excludes non-Proposition 98 funding for programs operated by nonprofit agencies.     
https://lao.ca.gov/Education/EdBudget/Details/547

Building Permits Update: May 2021 [EconTax Blog]

Jul 5, 2021 - Total permits in 2021 year to date are 33 percent above the same months in 2020. May ’s total of 5,295 single family permits was barely above the recent average for the month, in contrast to the first four months of the year which all saw permit activity well above their recent averages.
https://lao.ca.gov/LAOEconTax/Article/Detail/673