Child Care and Preschool Funding Rates by Rate System, Setting, and Age [EdBudget]

Sep 18, 2019 - Child Care and Preschool Funding Rates by Rate System, Setting, and Age [EdBudget]     All rates reflect full-time, full-year care, with the exception of Transitional Kindergarten and State Preschool—part day, which operate part day for 180 and 175 days per year, respectively. a Rates are weighted by the number of subsidized children receiving child care in each setting and county.
https://lao.ca.gov/Education/EdBudget/Details/293

Changes to Districts' Contribution Rates [EdBudget]

Aug 24, 2020 - Final rates for those years will vary based on actual actuarial experience (including actuarial losses in 2019-20) and other factors. CalSTRS = California State Teachers' Retirement System. CalPERS = California Public Employees' Retirement System.
https://lao.ca.gov/Education/EdBudget/Details/437

Unemployment Claims Update: August 2019 [EconTax Blog]

Sep 20, 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/400

April 2019: Personal Income Tax Tracker [EconTax Blog]

Apr 2, 2019 - Of this amount, the administration estimates $14.2 billion will come from final and extension payments related to tax year 2018 and estimated payments related to tax year 2019. The figure below tracks daily collections of these “FTB payments. ” The green line represents an estimate of daily collections necessary to meet the administration ’s $14.2  billion projection for the month (based on the historical pattern of payments).
https://lao.ca.gov/LAOEconTax/Article/Detail/360

An Initial Review of the Regional Forest and Fire Capacity Program [Publication Details]

Dec 13, 2021 - In recent years, as wildfires have increased in severity and damage, the Legislature has shown growing interest in state support of wildfire prevention efforts, including regional planning for forest health activities.
https://lao.ca.gov/Publications/Detail/4482

The 2019-20 May Revision: LAO Revenue Outlook

May 12, 2019 - Corporation Tax (CT) CT Collections Surged in the Current Year. With two collection months remaining in the fiscal year, we expect that CT revenues will exceed the administration ’s January estimate by well over 10  percent.
https://lao.ca.gov/Publications/Report/4037

The 2020-21 Budget: California's Fiscal Outlook

Nov 20, 2019 - The first aim of the Fiscal Outlook is to answer whether the state will have sufficient resources to pay for its existing commitments in the upcoming budget year (in this case, 2020 ‑21). As has been the case in recent years, the answer to this question is yes.
https://lao.ca.gov/Publications/Report/4111

April 2019 State Tax Collections [EconTax Blog]

May 21, 2019 - This made up for the shortfall earlier this year. Previously , we had written about how the federal tax law changes likely were responsible for the December and January shortfall. (This appears to have been correct and PIT revenues are now on track for the fiscal year to date.)
https://lao.ca.gov/LAOEconTax/Article/Detail/375

U.S. Retail Sales: March 2020 [EconTax Blog]

Apr 15, 2020 - In recent years, bars and restaurants have accounted for roughly 12 percent of taxable sales in California, so big drops in restaurant sales can lead to substantial declines in state and local sales tax revenue.
https://lao.ca.gov/LAOEconTax/Article/Detail/451

Home Sales Update: July 2020 [EconTax Blog]

Aug 18, 2020 - California home sales were running at a relatively high level early in the year, then dropped sharply as a result of the COVID-19 pandemic. Sales recovered somewhat in June, and July’s figure of 36,447 was the highest since August 2017.
https://lao.ca.gov/LAOEconTax/Article/Detail/523