Home Sales Update: September 2019 [EconTax Blog]

Oct 17, 2019 - Home sales have been relatively weak for over a year. In September, there were an estimated 25,800 non-distressed (not resulting from mortgage delinquency or foreclosure) home sales statewide. This is below the 26,100 sales in September 2018 and the long-term historical average of 31,500 sales per month.
https://lao.ca.gov/LAOEconTax/Article/Detail/407

Early Education Budget [EdBudget]

Jul 18, 2019 - g Includes $1.6 million each year used for a family literacy program offered at certain State Preschool sites. h Reflects preliminary LAO estimates. Transitional Kindergarten enrollment data are not yet publicly available for 2018-19 and 2019-20.
https://lao.ca.gov/Education/EdBudget/Details/290

Contributions to CalSTRS [EdBudget]

Aug 16, 2019 - Contributions to CalSTRS [EdBudget]     Note: Rates and amounts are based on a 6.8 percent investment return in 2018-19 and a projected 7 percent return in future years.   a Projected contribution rates reflect the additional payments to CalSTRS that were included in the 2019-20 budget. b Includes state contributions to Supplemental Benefits Maintenance Account.  
https://lao.ca.gov/Education/EdBudget/Details/279

The 2021-22 Budget: CalAIM: New Directions for Services for Seniors and Persons With Disabilities

Mar 15, 2021 - In the years following initial implementation of CCI, many dually eligible beneficiaries living in participating CCI counties chose not to participate in Cal MediConnect, leaving enrollment below initial expectations.
https://lao.ca.gov/Publications/Report/4404

Administration's May Revision Proposition 98 Outlook [EdBudget]

May 12, 2019 - c May Revision does not contain an estimate of any potential deposit or withdrawal for this year.     Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Education/EdBudget/Details/245

Home Sales Update: August 2019 [EconTax Blog]

Sep 20, 2019 - Home sales have been relatively weak for over a year. This pattern continued in August. In August, there were an estimated 26,700 non-distressed (not resulting from mortgage delinquency or foreclosure) home sales statewide.
https://lao.ca.gov/LAOEconTax/Article/Detail/399

The 2019-20 Budget: Considerations for the Governor's Housing Plan

Feb 20, 2019 - Enhanced Infrastructure Financing Districts (EIFDs) allow local governments to use property tax increment (the growth in property tax revenue year over year) to finance a wide variety of projects, including affordable housing.
https://lao.ca.gov/Publications/Report/3941

June 2019 Jobs Report [EconTax Blog]

Jul 19, 2019 - Construction has long been one of the most volatile and cyclical sectors, and it has been the fastest growing sector over the past year. The well-paying professional/technical services and information sectors and the large health and leisure-hospitality sectors have also enjoyed h igh growth during that period.
https://lao.ca.gov/LAOEconTax/Article/Detail/386

The 2021-22 Budget: State Board of Equalization

Feb 23, 2021 - BOE ’s overall vacancy rate in 2017 ‑ 18 —the first fiscal year under the new organizational structure —was 14  p ercent, similar to many state departments. By 2019 ‑20, the vacancy rate had grown to 32  p ercent.
https://lao.ca.gov/Publications/Report/4385

Review of the Draft 2020 High-Speed Rail Business Plan

Mar 13, 2020 - Accordingly, under HSRA ’s plan, the Legislature will have far fewer viable options next year to change the near ‑term plan for project, which it might want to do if costs rise, funding is lower than anticipated, or legislative priorities change.
https://lao.ca.gov/Publications/Report/4202