Home Sales Update: May 2020 [EconTax Blog]

Jun 24, 2020 - The slump deepened in May, as the state recorded barely half as many sales as in May 2019. The graph below shows unadjusted home sale counts according to Redfin, a national real estate brokerage. This next graph compares each week in 2020 to the comparable week in 2019 using Redfin data for California ’s twelve largest markets.
https://lao.ca.gov/LAOEconTax/Article/Detail/486

Rent control. [Ballot]

Jun 10, 2019 - State and Local Government Tax Revenues. Three taxes are the largest sources of tax revenue for the state and local governments in California. The state collects a personal income tax on income —including rent received by landlords —earned within the state.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-001

Cannabis: Proposed Consolidation of Regulation and Identifying the Elements of the Illicit Market [Publication Details]

Feb 25, 2020 - Assembly Budget Subcommittee No. 4 on State Administration Assembly Business and Professions Committee
https://lao.ca.gov/Publications/Detail/4180

The 2019-20 Budget: Assessing the Governor's 1991 Realignment Proposals

Mar 8, 2019 - Counties pay for 100  p ercent of costs over the state participation cap. (Currently, the state participation cap increases as the state minimum wage increases, remaining $1. 10  p er hour above the state minimum wage.)
https://lao.ca.gov/Publications/Report/3962

Child Care and Preschool Subsidized Slots [EdBudget]

Sep 18, 2019 - State Preschool wraparound slots for non-LEAs (funded by General Child Care) are shown in State Preschool—full day. For Transitional Kindergarten, reflects preliminary estimates, as enrollment data not yet publicly available for 2018-19 and 2019-20.
https://lao.ca.gov/Education/EdBudget/Details/292

State Funding Actions Related to COVID-19 [Publication Details]

Apr 20, 2020 - State Funding Actions Related to COVID-19 [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4223

The 2019-20 Budget: California Spending Plan—Transportation

Oct 17, 2019 - The budget includes a total of $85.5  million (State Highway Account) and 429.4 state staff positions —as well as 20 external consultant equivalent positions —to work on roughly 700 PIDs in 2019 ‑20, with roughly half of them expected to be completed in that year.
https://lao.ca.gov/Publications/Report/4098

The 2019-20 Budget: Special Education Teaching Performance Assessment

Apr 30, 2019 - The TPA Measures Whether Prospective Teachers Meet State Standards. The TPA requires prospective general education teachers to complete a series of tasks, each of which correspond to specific state teaching standards.
https://lao.ca.gov/Publications/Report/4022

LAO Estimates of Proposition 98 Guarantee Under L-Shaped Scenario [EdBudget]

May 8, 2020 - 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/361

Amid Good Fiscal Times, Planning for the Future Is Crucial

May 21, 2019 - The idea here is that in good times —when revenues are strong —the state spends somewhat below its capacity, sequestering the difference in reserves. Later, when the economy and tax receipts weaken, the state can draw upon its accumulated savings to fund a spending level above what revenues would otherwise support.
https://lao.ca.gov/Publications/Report/4051