May 2021 Cap-and-Trade Auction Update [EconTax Blog]

May 28, 2021 - Allowances sold for $18.80 for 2021 vintage allowances and $19.04 for 2024 vintage allowances, which are roughly $1 more than the prices at the February auction. The May prices were also more than $1 above the auction floor price established by CARB ($17.71 for both vintages).
https://lao.ca.gov/LAOEconTax/Article/Detail/659

The 2022-23 Budget: California Department of Food and Agriculture [Publication Details]

Feb 1, 2022 - In this post, we assess the Governor’s 2022-23 budget proposals for the California Department of Food and Agriculture.
https://lao.ca.gov/Publications/Detail/4510

The 2022-23 Budget: School Nutrition [Publication Details]

Feb 8, 2022 - The 2022-23 Budget: School Nutrition [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/4519

The 2020-21 Budget: School District Budget Trends

Jan 21, 2020 - Most of these charter schools are not unionized, with the management of these schools determining salaries and other terms of employment. In contrast, the remaining 25  p ercent of charter schools have a closer relationship to their authorizing school districts.
https://lao.ca.gov/Publications/Report/4136

Trends in Higher Education: Student Access

Jan 23, 2024 - Whereas this 2024 series focuses on higher education changes over time, California’s Education System: A 2019 Guide explains the inner workings of the state’s education system. Much of that guide remains relevant today and can assist those who are looking for more basic information on education policy and fiscal matters in California.
https://lao.ca.gov/Publications/Report/4828

A New Method For Current Year Revenue Forecasting [EconTax Blog]

Sep 20, 2021 - For example, our estimates suggest that an updated forecast based on data available up through October was about 40 percent more accurate than the formal forecasts made in May of the same calendar year.    
https://lao.ca.gov/LAOEconTax/Article/Detail/696

Income Tax Withholding Tracker: April 1 - April 26 [EconTax Blog]

Apr 26, 2021 - The first graph shows that withholding payments through 18 collection days   (26 calendar days)  in April 2021 are up 30.3 percent from the first 18 collection days in April 2020, when the state was largely locked down due to the COVID-19 pandemic.
https://lao.ca.gov/LAOEconTax/Article/Detail/644

New Infrastructure Legislation: Summary and Issues for Legislative Oversight

Aug 8, 2023 - Extends the Governor ’s existing, similar authority to streamline CEQA judicial review for certain other types of projects from January  1,  2024 to January 1, 2032. Infrastructure Contracting —Chapter 58 of 2023 (SB 146, Gonzalez) Reports By July 1, 2024, and annually thereafter until July 1, 2033, Caltrans must report on its website information on active and expired job order contracts.
https://lao.ca.gov/Publications/Report/4785

Estimating the CalWORKs Take-Up Rate

Feb 2, 2021 - We assume income eligibility thresholds are equal to those in effect on July 1 of each calendar year. The ACS reports data for the calendar year, but income eligibility thresholds typically correspond to fiscal years (which start on July 1).
https://lao.ca.gov/Publications/Report/4340

COVID-19 and the Labor Market: Who Are California's Frontline and Remote Workers? [EconTax Blog]

Dec 8, 2020 - At the same time, very few workers with lower education levels work in jobs that likely can be done remotely: fewer than 10 percent of workers with no high school diploma work in jobs that can be done remotely.
https://lao.ca.gov/LAOEconTax/article/Detail/593