Comparing Early Education Funding Under Governor's Budget and May Revision [EdBudget]

May 11, 2020 - Comparing Early Education Funding Under Governor's Budget and May Revision [EdBudget] a Does not include $9.2 million provided to community colleges for certain child care services. b General Child Care funding for State Preschool wraparound care shown in State Preschool--full day. c Program total does not include $205 million in the 2018-19 budget that will be spent over a
https://lao.ca.gov/Education/EdBudget/Details/251

Snapshot of the California Economy: February 2021 [EconTax Blog]

Apr 6, 2021 - Over the last year, the state has experienced abrupt and dramatic swings in economic activity. While a variety of data is available to track developments in the state economy, drawing clear conclusions from these disparate data points can be difficult.
https://lao.ca.gov/LAOEconTax/Article/Detail/640

The 2022-23 Budget: CalHR California Leads Proposal

Feb 28, 2022 - In the more than 80 years since the voters first established the civil service, a variety of statutes, decisions, rules, practices, and case law have built upon the constitutional framework of a merit ‑based civil service system.
https://lao.ca.gov/Publications/Report/4564

FI$Cal IT Project Update—Special Project Report 8

Jan 8, 2020 - LAO Findings Several Departments Missed Deadlines for Year ‑End Financial Statements. As part of its 2019 ‑ 20 b udget request to the Legislature, FI$Cal set a goal of providing enough support —that is, additional staff, training, and other resources —to every department using FI$Cal to close their year ‑end financial statements in the system no later than the October following the end of a fiscal year in June.
https://lao.ca.gov/Publications/Report/4132

U.S. Retail Sales Update: January 2021 [EconTax Blog]

Feb 17, 2021 - Last year, in the early stages of the pandemic, the U.S. experienced changes in retail sales that were far larger than any month-to-month swings ever previously recorded. Although the fluctuations over the last few months have been less extreme than those in the first half of 2020, they have been large nevertheless.
https://lao.ca.gov/LAOEconTax/Article/Detail/624

Enrollment by Higher Education Segment [EdBudget]

Jan 13, 2021 - At CCC, 1 FTE student is 525 contact hours per year, which on average generates about 24 credits. For undergraduate education at CSU and UC, 1 FTE student is 30 credit units. For graduate education at CSU, UC, and Hastings, 1 FTE student is 24 credit units.
https://lao.ca.gov/Education/EdBudget/Details/459

Federal COVID-19 Funds by Higher Education Segment [EdBudget]

Jan 13, 2021 - Institutions have one year to spend the funds. Excludes CARES Act funding that higher education institutions might have received for other purposes, such as research and development. bExcludes funds ($28 million nationally) that will be awarded through a competitive process.
https://lao.ca.gov/Education/EdBudget/Details/457

The 2021-22 Budget: Department of Resources Recycling and Recovery (CalRecycle) [Publication Details]

Feb 10, 2021 - This publication analyzes the Governor’s $1.6 billion proposed budget for the California Department of Resources Recycling and Recovery (CalRecycle), which reflects a $2.3 billion (60 percent) decrease compared to estimated current-year expenditures. The decrease is almost entirely due to one-time General Fund expenditures in 2020-21 related to wildfire debris removal.
https://lao.ca.gov/Publications/Detail/4359

A Look at Household Debt in California [EconTax Blog]

Feb 12, 2020 - This is down from about $1 five years ago and $1. 50 at the peak of the Great Recession. Mortgage loans are the largest component of household debt. After significantly expanding during the housing bubble of the mid-2000s, California ’s mortgage debt (as a share of personal income) has declined consistently in recent years.
https://lao.ca.gov/LAOEconTax/Article/Detail/435

Home Sales Update: December 2020 [EconTax Blog]

Jan 29, 2021 - January sales are running below the levels of previous months, but this is a standard annual pattern and the pace remains well ahead of a year ago.  
https://lao.ca.gov/LAOEconTax/Article/Detail/616