Income Tax Withholding Tracker: May 1 - May 28 [EconTax Blog]

May 28, 2021 - The final graph compares the state ’s year over year percent change in cumulative withholding in 2020-21 to the nation ’s withholding from the federal income tax, and shows that state collections have maintained a faster pace for months.
https://lao.ca.gov/LAOEconTax/Article/Detail/660

The 2022-23 Budget: Monitoring Correctional System Staff Misconduct Investigations

Feb 9, 2022 - In recent years, the Legislature has expressed interest in OIG oversight of CDCR ’s handling of staff misconduct allegations arising out of the grievance and request for reasonable accommodation processes.
https://lao.ca.gov/Publications/Report/4520

Net Taxpayer Outmigration Increased During 2017-2019 [EconTax Blog]

Jul 6, 2021 - The right column shows migration as a share of the previous year ’s filers, with the darkest shade of green indicating a net inflow of more than 1 percent of the previous year ’s population, and the darkest shade of red indicating a net outflow of more than 0.75 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/675

Enhancing Federal Financial Participation for Consumers Served by the Department of Developmental Services

Nov 9, 2021 - (Some individuals —particularly children —receive only case management from RCs and either do not need RC ‑coordinated services or receive the needed services outside of the RC system, such as through schools.)
https://lao.ca.gov/Publications/Report/4471

Examining California's Income Tax Withholding Growth by Sector [EconTax Blog]

Jun 9, 2021 - The next graph compares year over year job growth to average 2019 withholding for all 75 sectors mentioned above. There was no systematic relationship between a sector ’s average withholding and its job growth.
https://lao.ca.gov/LAOEconTax/Article/Detail/662

The 2022-23 Budget: Wildfire and Forest Resilience Package [Publication Details]

Jan 26, 2022 - In this brief, we provide our initial assessment and recommendations in response to the Governor's wildfire resilience package, which would provide $1.2 billion over two years (including $800 million of new funding) for proposals intended to reduce the risk of severe and damaging wildfires.
https://lao.ca.gov/Publications/Detail/4495

August 2021 State Tax Collections [EconTax Blog]

Sep 20, 2021 - August 2021 State Tax Collections [EconTax Blog] Seth Kerstein Through the first two months of the 2021-22 fiscal year, collections from the state ’s three largest taxes —personal income, corporation, and sales taxes —are running 20 percent ($3.6 billion) ahead of budget projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/699

Building Permits Update: February 2021 [EconTax Blog]

Apr 7, 2021 - February is typically the slowest month of the year for multifamily permits, but this year ’s total of 2,726 was weaker than usual. Only 750 units were permitted outside of Los Angeles, Orange, and San Diego counties.
https://lao.ca.gov/LAOEconTax/Article/Detail/641

Home Sales Update: March 2021 [EconTax Blog]

Apr 28, 2021 - California home sales have been running well above their historical average for more than half a year now.
https://lao.ca.gov/LAOEconTax/Article/Detail/647

Home Prices Update: May 2021 [EconTax Blog]

Jun 24, 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. May 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 15.4 percent since May 2020, somewhat above the national figure of 13.2 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/668