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

Jan 17, 2024 - Retail Sales Update: December 2023 January 17, 2024 Seth Kerstein Today the U.S. Census Bureau released preliminary estimates of nationwide retail sales in December 2023 and revised estimates for November 2023.
https://lao.ca.gov/LAOEconTax/article/Detail/794

The 2019-20 Budget: Overview of the California Spending Plan (Final Version)

Oct 17, 2019 - These subsidies will be available beginning in January 2020 and continue for three years —through the end of calendar year 2022 —after which time they will sunset. (The spending plan offsets the costs of these new state subsidies using increased revenues from the new state individual mandate, as described in the section on tax and other revenue policy changes.)
https://lao.ca.gov/Publications/Report/4083

The 2019-20 Budget: California Spending Plan—Other Provisions

Oct 17, 2019 - In some cases, agencies or departments are not authorized to make expenditures on the development and implementation of a project until 30 calendar days after written notification of the Legislature.
https://lao.ca.gov/Publications/Report/4101

December 2019 Jobs Report [EconTax Blog]

Jan 27, 2020 - The growth of the health sector has been both fast and stable: it is the only sector to add jobs in every calendar year since 1991, and its growth rate has exceeded the statewide average growth rate in all but one year since 2001.  
https://lao.ca.gov/LAOEconTax/Article/Detail/431

The 2019-20 Budget: Immigrant Legal Services at the Public Higher Education Segments

May 8, 2019 - The funds are available for encumbrance through the end of 2021 ‑22 and must be spent by the end of 2024 ‑25. $7  Million General Fund to DSS for CSU Campuses. The budget appropriated these funds directly to DSS.
https://lao.ca.gov/Publications/Report/4029

The 2022-23 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 17, 2021 - These funds have various spending deadlines, but the majority must be spent by September 2024. As of September 2021, California schools reported spending less than 15  percent of available federal funds.
https://lao.ca.gov/Publications/Report/4473

Income Tax Withholding Tracker: March 1 - March 29 [EconTax Blog]

Mar 30, 2021 - The first graph shows that withholding payments through 21 collection days (29 calendar days) in March 2021 are up 20.3 percent from the first 21 collection days in March 2020. The effects of the pandemic began to show up in the withholding data in the second half of March 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/636

Follow-up Evaluation of the District of Choice Program

Feb 1, 2021 - First, it requires students and their parents to begin thinking about transferring for the upcoming school year in the fall of the previous school year. For a district that begins school in late August, the Januar y 1 d eadline comes nearly eight months before the start of the school year.
https://lao.ca.gov/Publications/Report/4329

Annual Report on Tax Exemptions for Medicinal Cannabis

Jul 1, 2021 - In particular, the data reflect transactions that businesses identified as medicinal donations in calendar year 2020. Number of Patients Served. In 2020, licensees identified 13, 278 t ransactions as medicinal donations.
https://lao.ca.gov/Publications/Report/4447

Minimum wage. [Ballot]

Jan 24, 2022 - These rising prices are called “inflation. ” Under current law, the state will adjust its minimum wage every year, starting in 2024. Each adjustment will reflect U.S. inflation, except in two cases: If inflation is negative, the adjustment will be zero.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-043