COVID-19 and the Labor Market: Which Workers Have Been Hardest Hit by the Pandemic? [EconTax Blog]

Nov 2, 2020 - Recent Job Losses Erase Gains Made During Long Expansion The state enjoyed 11 years of job growth before the pandemic. As shown in the figure below, however, recent job losses have offset all job growth in the state since mid-2015.
https://lao.ca.gov/LAOEconTax/Article/Detail/531

The 2020-21 Spending Plan: Proposition 98 and K-12 Education [Publication Details]

Oct 29, 2020 - This post summarizes overall Proposition 98 funding and K-12 education spending in the 2020-21 budget package. It is part of our Spending Plan series, which contains posts focused on each major sector of the state budget.
https://lao.ca.gov/Publications/Detail/4291

The 2020-21 Spending Plan: Proposition 98 and K-12 Education

Oct 29, 2020 - At the time, the state estimated that the supplemental payment could reduce district pension costs by roughly 0.3  percent of annual pay over the next few decades. The 2020 ‑21 budget plan repurposes this payment to reduce pension costs by a larger amount over the next two years.
https://lao.ca.gov/Publications/Report/4291

The 2020-21 Spending Plan: Early Education

Oct 26, 2020 - Figure 2 shows a decrease in State Preschool slots offset by a net increase of both ongoing and temporary slots for the Alternative Payment (AP) Program. The budget plan makes $161  million in ongoing reductions to State Preschool ($130  million Proposition  98 General Fund and $31  million non-Proposition  98 General Fund).
https://lao.ca.gov/Publications/Report/4289

2nd Quarter 2020 Personal Income Report [EconTax Blog]

Oct 23, 2020 - Benefits include employer-paid contributions for health insurance and pensions. Transfer payments are defined as government payments that don ’t represent compensation for services performed by the recipient.
https://lao.ca.gov/LAOEconTax/Article/Detail/571

Income Tax Withholding Tracker: October 19 - October 23 [EconTax Blog]

Oct 23, 2020 - Nonetheless, given the pace and severity of the shift in the state ’s economy resulting from the COVID-19 pandemic, tracking weekly withholding is worthwhile as a way to assess the state ’s evolving economic situation.
https://lao.ca.gov/LAOEconTax/Article/Detail/570

Snapshot of the California Economy: September 2020 [EconTax Blog]

Oct 23, 2020 - Over the last several months, 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/569

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - State statute implementing the Self-Determination Program requires the State Council on Developmental Disabilities to submit an evaluation of the program three years after approval of federal funding for the program, which occurred in June 2018.
https://lao.ca.gov/Publications/Report/4286/1

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - Continued CCR Implementation Since 2012, California has been implementing a series of reforms known as CCR that institute fundamental changes to the way the state cares for youth in the foster care system.
https://lao.ca.gov/Publications/Report/4286/5

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - Transfers Funds From State Health Facilities Citation Penalties Account to Long-Term Ombudsman Program. Current law includes language that allows for the transfer of up to $1  million from the State Health Facilities Citation Penalties Account to the Long-Term Care Ombudsman program if the balance of the account exceeds $6  million, as determined in the Governor ’s May Revision each year.
https://lao.ca.gov/Publications/Report/4286/8