The 2023-24 Budget: In-Home Supportive Services

Mar 2, 2023 - Beginning in 2012-13, however, the historical county share-of-cost model was replaced with an IHSS county maintenance-of-effort (MOE), meaning county costs would reflect a set amount of nonfederal IHSS costs as opposed to a certain percent of nonfederal IHSS costs.
https://lao.ca.gov/Publications/Report/4729

The 2021-22 Spending Plan: Housing and Homelessness

Oct 29, 2021 - Specifically, to expedite construction of projects that have successfully acquired some state funding, this program provides accelerated funding in lieu of waiting for state tax credits. Project Roomkey.
https://lao.ca.gov/Publications/Report/4468

Sports wagering. [Ballot]

Dec 18, 2023 - At the same time, state and/or local revenues could increase due to required fees (such as regulatory fees), payments (such as a share of sports wagering revenues), or tax revenues from economic activity associated with sports wagering.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-031

Climate change. [Ballot]

Sep 1, 2023 - Third, should notable contractions occur in the oil and gas sector as a result of new regulations, this could have broader economic impacts and neg atively affect other state and local revenue sources such as income taxes or property taxes.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-012

The 2023-24 Budget: May Revenue Outlook [EconTax Blog]

May 13, 2023 - The bulk of this decline is attributable to the personal income tax. For 2023-24, our forecast anticipates big three revenues will remain flat, with weakness shifting from the personal income tax to sales and corporation taxes.
https://lao.ca.gov/LAOEconTax/Article/Detail/774

The 2023-24 Budget: May Revenue Outlook [EconTax Blog]

May 13, 2023 - The bulk of this decline is attributable to the personal income tax. For 2023-24, our forecast anticipates big three revenues will remain flat, with weakness shifting from the personal income tax to sales and corporation taxes.
https://lao.ca.gov/LAOEconTax/article/Detail/774

The 2020-21 Spending Plan: Housing and Homelessness

Oct 8, 2020 - Maintains $500  Million Increase for Expanded Low-Income Housing Tax Credit. The budget authorizes the award of $500  million for the state ’s low-income housing tax credit program, which provides tax credits to builders of rental housing affordable to low-income households.
https://lao.ca.gov/Publications/Report/4278

Federal COVID-19 Response Actions Affecting Older Adults and Persons with Disabilities

Apr 16, 2020 - While county social workers must still perform initial assessments to determine IHSS eligibility, they may do so using a telehealth option in lieu of face-to-face visits. Additionally, counties may suspend recipient annual reassessments through June 30, 2020.
https://lao.ca.gov/Publications/Report/4221

U.S. Retail Sales Update: February 2023 [EconTax Blog]

Mar 15, 2023 - U.S. retail sales have grown 2 percent over the last 3 months and 5.4 percent over the last 12 months.
https://lao.ca.gov/LAOEconTax/Article/Detail/772

The 2021-22 Budget: School Mental Health

Feb 12, 2021 - County mental health departments also receive funding from the Mental Health Services Act (MHSA). Approved by California voters as Proposition   63 i n 2004, the MHSA generates roughly $ 2  b illion annually for mental health services —mainly those administered by counties —via a 1  p ercent tax on incomes over $ 1  m illion.
https://lao.ca.gov/Publications/Report/4368