The 2021-22 Budget: Extended Learning and Academic Support

Jan 29, 2021 - These declines suggests that some students who would typically be enrolled in school are currently receiving no formal instruction. 2020 ‑21 Budget Package Included $6.8  Billion in State and Federal Funding to Address Learning Loss and Effects of COVID-19.
https://lao.ca.gov/Publications/Report/4326

The 2021-22 Budget: California's Fiscal Outlook [Publication Details]

Nov 18, 2020 - However, the state also faces an operating deficit beginning in 2021-22 and throughout the outlook period, growing to $17 billion by 2024-25. Our analysis also finds it is quite unlikely for revenues to grow fast enough for the budget to break even and erase the operating deficit.
https://lao.ca.gov/Publications/Detail/4297

Federal COVID-19-Related Funding to California

Apr 28, 2020 - Figure  2 shows our estimate of federal COVID-19-related funding that the state will use for administration of state programs and state-provided services. Our current estimate of the total, quantifiable funding to the state government is roughly $20  billion.
https://lao.ca.gov/Publications/Report/4226

Early Education Budget [EdBudget]

Oct 6, 2020 - Early Education Budget [EdBudget]     a Reflects Department of Social Services' revised Stage 1 estimates; Department of Finance's revised estimates for Stage 2, and Stage 3; and 2019-20 Budget Act appropriation for all other programs. b Does not include $9.5 million provided to community colleges for certain child care services. c General Child Care funding for State Preschool wraparound care shown in State Preschool. d Less than $500,000.
https://lao.ca.gov/Education/EdBudget/Details/453

State Budget Effects of Recent Federal Actions to Address COVID-19

Apr 5, 2020 - Given the magnitude of initial unemployment claims received so far, the state UI Trust Fund likely will become insolvent in the coming months, meaning the state likely will use the interest-free loans to reduce state General Fund costs.
https://lao.ca.gov/Publications/Report/4217

Weekly Unemployment Claims Update: August 16 - August 22 [EconTax Blog]

Aug 28, 2020 - Since the pandemic began in March, as shown in the figure below, the state has issued $71 billion in unemployment insurance benefits with nearly three-quarters of that amount from new federal programs.
https://lao.ca.gov/LAOEconTax/Article/Detail/534

Home Prices Update: June 2020 [EconTax Blog]

Jul 20, 2020 - As recently as April, the state ’s home price growth outpaced the nation ’s. The slower home price growth that prevailed in 2018 and 2019 made a minor dent in the affordability gap between the state and the rest of the country.
https://lao.ca.gov/LAOEconTax/Article/Detail/500

The 2020-21 Budget: California's Spring Fiscal Outlook

May 8, 2020 - …But State ’s Cash Position Will Change Dramatically in the Coming Months. When normal collections resume, the state ’s cash position could improve, but a variety of factors will continue to limit the state ’s available cash.
https://lao.ca.gov/Publications/Report/4228

State Options to Expand Unemployment Benefits

Apr 9, 2020 - Additionally, the state would need to use current state resources to cover the costs of these benefits. This is because federal law does not allow the state to use state UI funds to pay benefits to ineligible workers.
https://lao.ca.gov/Publications/Report/4219

California’s Homelessness Challenges in Context [Publication Details]

Jan 21, 2021 - Assembly Budget Subcommittee No. 4 on State Administration and Assembly Committee on Housing and Community Development
https://lao.ca.gov/Publications/Detail/4314