Income Tax Withholding Tracker: August 3-August 9 [EconTax Blog]

Aug 7, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/514

The 2020-21 Budget: Climate Change Proposals [Publication Details]

Feb 13, 2020 - This report assesses the Governor’s major 2020-21 budget proposals related to climate change. The four proposals we evaluate are the Governor's (1) cap-and-trade expenditure plan ($965 million), (2) expanded climate adaptation research and technical assistance activities ($25 million), (3) new Climate Catalyst loan fund ($250 million), and (4) climate bond ($4.75 billion).
https://lao.ca.gov/Publications/Detail/4155

The 2021-22 Spending Plan: Human Services

Nov 22, 2021 - During the first year of FFPSA implementation, a county may elect to begin providing prevention services by providing written notice to DSS prior to fully completing its com prehensive prevention plan.
https://lao.ca.gov/Publications/Report/4476/3

The 2021-22 Spending Plan: Human Services [Publication Details]

Nov 22, 2021 - The 2021‑22 spending plan provides just over $23 billion from the General Fund for human services programs. This is an increase of over $6 billion, or 37 percent, compared to the revised prior-year spending level. This significant increase is primarily the result of higher spending in several different departments and programs.
https://lao.ca.gov/Publications/Detail/4476

The 2021-22 Spending Plan: Human Services

Nov 22, 2021 - The 2021‑22 spending plan provides just over $23 billion from the General Fund for human services programs. This is an increase of over $6 billion, or 37 percent, compared to the revised prior-year spending level. This significant increase is primarily the result of higher spending in several different departments and programs.
https://lao.ca.gov/Publications/Report/4476

California Community Colleges Proposition 98 Spending by Program [EdBudget]

Jan 21, 2021 - California Community Colleges Proposition 98 Spending by Program [EdBudget] $423 4.4% a Reflects a proposed cost-of-living increase and enrollment growth as well as nonprogrammatic increases from deferral paydowns. b The 2019-20 budget package also provided $6.7 million in prior year settle-up funds for this purpose.
https://lao.ca.gov/Education/EdBudget/Details/463

Income Tax Withholding Tracker: August 17 - August 21 [EconTax Blog]

Aug 21, 2020 - The final graph shows the year over year changes in cumulative withholding for California in 2020, the United States in 2020 (from the federal income tax), and California in 2009 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/527

California New Business Creation: December 2020 [EconTax Blog]

Jan 8, 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. This pattern was upended in 2020: the pandemic caused a big drop in the spring, followed by a surge as the economy began to recover.
https://lao.ca.gov/LAOEconTax/Article/Detail/605

Home Sales Update: June 2021 [EconTax Blog]

Jul 28, 2021 - June is typically the most busy month of the year, and last month’s total of 40,755 sales was the highest monthly figure in at least a decade. Historically low mortgage rates, strong income growth among the state’s higher earners, and possibly the increased emphasis on working from home have contributed to the recent boom, although it now appears that the sharp increases in prices in most of the state may be tempering buyers’ enthusiasm to some extent.
https://lao.ca.gov/LAOEconTax/Article/Detail/680

Tax Credit Expansions in the American Rescue Plan

Apr 13, 2021 - The ARP made two significant changes to the EITC for 2021: (1)  increased the credit amounts available to childless workers, and (2)  broadened the age range for eligible filers from 24 to 65 years old to 19 and over.
https://lao.ca.gov/Publications/Report/4410