October Tax Collections [EconTax Blog]

Nov 17, 2022 - Specifically, income tax withholding came in 7 percent below the Budget Act projection for October and is down 10 percent from projections for the fiscal year to date. Similarly, sales tax collections are down 8 per cent from projections for the fiscal year to date.  
https://lao.ca.gov/LAOEconTax/article/Detail/761

California New Business Creation: October 2021 [EconTax Blog]

Nov 19, 2021 - The standard pattern within a year is for a surge of new business formation at the beginning, then gradual declines as the year goes on. So far 2021 has seen a similar pattern to 2019, although with significantly more firms than usual being created in each week of the year.
https://lao.ca.gov/LAOEconTax/Article/Detail/715

May 2022 Jobs Report [EconTax Blog]

Jun 20, 2022 - California businesses added 42,900 net jobs in May (seasonally adjusted), about the same as April and another month of slower job growth than seen in the past year.
https://lao.ca.gov/LAOEconTax/Article/Detail/740

The 2023-24 Budget: Assessment of Covered California Budget Solution

Feb 13, 2023 - State Established Three-Year Premium Subsidy Program Beginning in 2020. The subsidy program was designed as a three-year program from 2020 through 2022 that was designed to further reduce premium costs for certain Covered California enrollees beyond the level of support received from the existing federal premium subsidies and expand eligibility to households making up to 600  percent of the federal poverty level.
https://lao.ca.gov/Publications/Report/4681

The 2023-24 Budget: Department of Alcoholic Beverage Control [Publication Details]

Feb 24, 2023 - In this post, we assess and make recommendations on the Governor’s budget proposal to (1) provide additional resources to the Department of Alcoholic Beverage Control (ABC) to support its licensing, enforcement, education, and grant programs and (2) transfer to the ABC Fund $48.5 million General Fund over three years that was previously appropriated to the department for a fee waiver program.
https://lao.ca.gov/Publications/Detail/4705

Local land use planning and zoning. [Ballot]

Sep 1, 2023 - In recent years, the state increasingly has seen issues of zoning and land use as matters of statewide concern. Nevertheless, local governments retain significant control over zon ing, land use, and housing.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-011

New Inflation Poses Not So New Budget Risk [Publication Details]

Dec 15, 2022 - Once it emerged, inflation accelerated throughout 2021 and has remained elevated this year with as yet indeterminate signs of abating. Reports by Policy Area
https://lao.ca.gov/Publications/Detail/4653

The 2020-21 Budget: Taxation of E-Cigarettes

Feb 24, 2020 - A second, less common type of pack contains 25 c igarettes and requires a $3. 59 t ax stamp. As a result, the vendor needs to produce just two denominations of stamps, and taxpayers can comply with the tax by affixing just one stamp to each pack.
https://lao.ca.gov/Publications/Report/4171

The 2020-21 Budget: Department of General Services

Feb 12, 2020 - Department Overview The DGS provides a variety of services to state departments, such as procurement, management of state ‑owned and leased real estate, management of the state ’s vehicle fleet, printing, administrative hearings, legal and fiscal services, development of building standards, and oversight over school construction.
https://lao.ca.gov/Publications/Report/4157

Nonreporting Entities' Information Security Compliance

Mar 30, 2023 - IS Compliance Nearly All Nonreporting Entities Underwent an ISA in the Past Several Years. According to our documentation review, and verified by entities ’ responses to our interview questions, we found that nearly all nonreporting entities underwent an ISA in the past two to three years.
https://lao.ca.gov/Publications/Report/4756