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

U.S. Retail Sales Update: January 2023 [EconTax Blog]

Feb 15, 2023 - For three straight years, we have seen weak sales in November or December followed by very strong growth in January. This pattern suggests that the Census Bureau’s seasonal adjustment for retail sales might not be working as intended.
https://lao.ca.gov/LAOEconTax/Article/Detail/769

Changes in California State Library General Fund Spending [EdBudget]

Sep 2, 2022 - Changes in California State Library General Fund Spending [EdBudget] a Budget package also provides $100 million for this initiative in 2023-24. b Reflects second year of initiative, providing $9.5 million over a four-year period.
https://lao.ca.gov/Education/EdBudget/Details/674

The 2022-23 Budget: May Revenue Outlook [EconTax Blog]

May 16, 2022 - While the net effect of these elective payments on state tax revenues is relatively minor, timing issues related to the elective tax result in year-to-year fluctuations in tax collections. The elective tax collections in each fiscal year span two tax years.
https://lao.ca.gov/LAOEconTax/Article/Detail/735

Overview of California's Ports

Aug 23, 2022 - The state plans to lend these properties to support port operations for one year, with an option to renew for another year. At the time of this writing, DGS had leased these properties to a wareho using company that will work with importers to store containers on these sites.
https://lao.ca.gov/Publications/Report/4618

Annual Tuition and Fees by Higher Education Segment [EdBudget]

Jan 12, 2023 - Tuition and fee charges for continuing students remain at the levels set in the year the student first enrolled at UC. d For 2023-24, we assume campus fees increase on average by 5 percent. UC amount reflects average for undergraduates, with graduate students charged less on average.
https://lao.ca.gov/Education/EdBudget/Details/681

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

Changes in California Community Colleges Proposition 98 Spending [EdBudget]

Jan 17, 2023 - Whereas the budget agreement last year provided a total of $841 million for this purpose, the adjusted total under the Governor's proposal is $628 million. b Applies to the Adult Education Program, apprenticeship programs, CalWORKs student services, campus child care support, Disabled Students Programs and Services, Extended Opportunity Programs and Services, and mandates block
https://lao.ca.gov/Education/EdBudget/Details/684

Changes in California State Library General Fund Spending [EdBudget]

Jul 29, 2022 - Changes in California State Library General Fund Spending [EdBudget] a Budget package also provides $100 million for this initiative in 2023-24. b Reflects second year of initiative, providing $9.5 million over a four-year period.
https://lao.ca.gov/Education/EdBudget/Details/649

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