Overview of Federal COVID-19 Research Funding [Publication Details]

May 13, 2020 - This post describes the major research and development provisions of recent federal relief measures. It also highlights some key issues for the Legislature to consider relating to research and the state budget.
https://lao.ca.gov/Publications/Detail/4230

The 2019-20 Budget: Deferred Maintenance

Feb 8, 2019 - The administration has identified a total state infrastructure deferred maintenance need of about $ 70  b illion. Of this amount, about $ 50  b illion is related to the state ’s transportation system and the remaining $ 20  b illion is associated with other types of state facilities.
https://lao.ca.gov/publications/report/3929

The 2019-20 Budget: Deferred Maintenance

Feb 8, 2019 - The administration has identified a total state infrastructure deferred maintenance need of about $ 70  b illion. Of this amount, about $ 50  b illion is related to the state ’s transportation system and the remaining $ 20  b illion is associated with other types of state facilities.
https://lao.ca.gov/Publications/Report/3929

March 2019 State Tax Collections [EconTax Blog]

Apr 5, 2019 - We expect a large portion of this shortfall will be made up in April, the most important revenue month for the state.  
https://lao.ca.gov/LAOEconTax/Article/Detail/361

Cannabis Tax Revenue Update [EconTax Blog]

Mar 6, 2020 - The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax. January Budget Assumptions. The Governor ’s January budget proposal assumed that 2019-20 cannabis tax revenue would be $479 million and that 2020-21 revenue would be $550 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/441

Building Permits Update: January 2020 [EconTax Blog]

Mar 5, 2020 - The multifamily housing permit total of 4,259 was right in line with the January average over the past five years, although nearly a third lower than the 6,356 units the state recorded last January. The single family housing permit total of 4,938 was in the middle of the narrow range of monthly totals we have observed since March 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/440

Weekly Unemployment Claims Update: April 19-April 25 [EconTax Blog]

Apr 30, 2020 - Department of Labor released data on the number of unemployment claims processed by state labor departments during the week of April 19 to April 25. Below we offer some observations on these weekly claims data.
https://lao.ca.gov/LAOEconTax/Article/Detail/459

The 2019-20 Budget: California Spending Plan—Resources and Environmental Protection

Oct 17, 2019 - In addition to existing programs that support parks, the budget provides $58  million from the General Fund for one-time grants for various specific local park and community recreation projects located throughout the state.
https://lao.ca.gov/Publications/Report/4103

February 2019 State Tax Collections [EconTax Blog]

Mar 11, 2019 - February 2019 State Tax Collections [EconTax Blog] Carolyn Chu February Revenues Roughly on Track. Overall, February collections for the state ’s three largest sources of revenue —the personal income tax (PIT), sales tax, and corporation tax —were $117 million ahead of the administration ’s January projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/351

The 2020-21 Budget: California's Fiscal Outlook [Publication Details]

Nov 20, 2019 - The 2020-21 Budget: California's Fiscal Outlook [Publication Details] The 2020-21 Budget: California's Fiscal Outlook Format: HTML Description: The annual Fiscal Outlook publication gives our office’s independent assessment of the California state budget condition for the upcoming fiscal year and over the longer term.
https://lao.ca.gov/Publications/Detail/4111