Building Permits Update: January 2019 [EconTax Blog]

Mar 5, 2019 - Singe family permits were down 8 percent in January 2019 compared to a year ago. This follows a 30 percent year-over-year decline in December 2018. Several southern California counties —Los Angeles, Orange and Riverside —had a particularly strong month  for multifamily permitting.
https://lao.ca.gov/LAOEconTax/Article/Detail/350

Unemployment Claims Update: October 2019 [EconTax Blog]

Nov 19, 2019 - Unemployment claims have been relatively flat over the past year, fluctuating slightly around an average of about 175,000. This pattern signals a strong labor market and, contrary to other recent economic data , offers little evidence of an impending economic slowdown.
https://lao.ca.gov/LAOEconTax/Article/Detail/415

K-12 Proposition 98 Funding by Program [EdBudget]

Jul 18, 2019 - K-12 Proposition 98 Funding by Program [EdBudget] $2,270 3.3% a Includes $50 million each year for the Quality Rating and Improvement System. For all three years, does not include wrap care provided by non-profit agencies and, for 2019-20, also does not include part-day preschool programs run by these agencies. b In each of these three years, an
https://lao.ca.gov/Education/EdBudget/Details/284

The 2021-22 Budget: University Capital Outlay [Publication Details]

Mar 5, 2021 - In this post, we focus on university capital outlay projects. We first provide background on university capital financing and project review. We then review capital outlay proposals for the California State University (CSU) and the University of California (UC). Next, we raise some concerns with the previously authorized UC Merced medical school project and make an associated recommendation.
https://lao.ca.gov/Publications/Detail/4395

The 2021-22 Budget: Improving Legislative Oversight of Emergency Spending Authorities

Mar 2, 2021 - Specifically, the administration would have access to nearly unlimited funding in the budget year while having minimal requirements to notify the Legislature when funds are accessed and no requirement to report on how funds are actually spent on the state ’s COVID ‑ 19 r esponse.
https://lao.ca.gov/Publications/Report/4393

Managing California’s Cash

Sep 3, 2019 - Revenues in this year came in far below expectations, meaning the cash deficit went below $ 20  b illion and the year ended with a cumulative cash deficit of $ 10  b illion. California Faced a Frozen Credit Market in September of 2008.
https://lao.ca.gov/Publications/Report/4092

The 2020-21 Budget: California Arts Council

Feb 7, 2020 - Starting in 2017 ‑18, the Arts Council awarded each of these districts $5,000 stipends per year for two years as an incentive to participate in the pilot. To date, the Arts Council has spent roughly $300, 000 t o fund these stipends and has incurred costs related to program support, development, and evaluation.
https://lao.ca.gov/Publications/Report/4148

Unemployment Claims Update: September 2019 [EconTax Blog]

Oct 17, 2019 - Unemployment claims have been relatively flat over the past year, fluctuating slightly around an average of about 175,000. This pattern signals a strong labor market and, contrary to other recent economic data , offers little evidence of an impending economic slowdown.
https://lao.ca.gov/LAOEconTax/Article/Detail/406

The 2019-20 Budget: Hastings College of the Law [Publication Details]

Apr 24, 2019 - In this brief, we provide background on the Hastings College of the Law, then describe the Governor’s proposed budget for the law school and the school’s proposed spending plan. Next, we provide our assessment of Hastings’ budget and offer associated recommendations.
https://lao.ca.gov/Publications/Detail/4011

An Analysis of University Reserves [Publication Details]

Nov 10, 2020 - Importantly, though the state viewed the universities’ reserves as a budget tool for mitigating funding reductions this year, state law is silent on the level of reserves CSU and UC are to carry, the purposes of those reserves, and the interaction of those reserves with the state’s reserves.
https://lao.ca.gov/Publications/Detail/4295