The 2022-23 Budget: Update on Home- and Community- Based Services Spending Plan

Feb 10, 2022 - Additionally, states are given until March  31, 2024 to fully expend the required amount of funding on HCBS enhancements. After March  31, 2024, if it is decided that the program enhancements should continue, California would need to provide funding from an alternative state or local fund source to  do  so.
https://lao.ca.gov/Publications/Report/4524

Cannabis Tax Revenue Update: May 2023 [EconTax Blog]

May 23, 2023 - Nevertheless, now that cannabis excise taxpayers have filed returns for three of the four quarters of 2022-23, we are starting to get a clearer sense of the revenue total for the fiscal year. Current LAO Estimate for 2022-23: $509 Million.
https://lao.ca.gov/LAOEconTax/Article/Detail/776

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Transportation: Discretionary Spending Proposals in the 2021 ‑22 Budget Package General Fund (In Millions) Highways, roads, and transit (transportation infrastructure package) b — Port of Oakland truck, rail, and neighborhood safety corridor — Active transportation (transportation infrastructure package) b — State and local adaptation (transportation Infrastructure package) b — Santa Fe Springs
https://lao.ca.gov/Publications/Report/4448/1

Income Tax Withholding Tracker: January 1 - January 25 [EconTax Blog]

Jan 26, 2021 - Income Tax Withholding Tracker: January 1 - January 25 [EconTax Blog] Income Tax Withholding Tracker: January 1 - January 25 January 26, 2021 Brian Uhler Bottom Line: California income tax withholding collections in January to date are 7 percent above January 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/614

The 2019-20 Budget: Overview of the Governor's Budget

Jan 14, 2019 - Separate from his proposals to pay down the CalSTRS unfunded liability, the Governor proposes providing $ 700  m illion over the next two years ($ 350  m illion per year) to provide school and community college districts immediate budget relief.
https://lao.ca.gov/Publications/Report/3916

Overview of Special Education Funding Models [Publication Details]

Dec 17, 2021 - This brief provides background on the state’s current funding allocation formula for special education, describes funding formulas used in other states, establishes a framework for evaluating these formulas, and offers some issues for the Legislature to consider.
https://lao.ca.gov/Publications/Detail/4486

The 2021-22 Budget: The Governor’s Suspension Proposal

Jan 29, 2021 - Under its own revenue forecast, assuming the suspensions were operative, the administration estimates operating deficits would grow from $7. 6  b illion in 2022 ‑ 23 t o $11. 3  b illion in 2024 ‑25.
https://lao.ca.gov/Publications/Report/4328

COVID-19: American Rescue Plan’s Major Health-Related Funding Provisions

May 6, 2021 - The administration projects $355  million General Fund in 2020 ‑21 and $406  million General Fund in 2021 ‑22 will be used for subsidies (this funding, respectively, funds the state subsidies for the 2021 and 2022 calendar years).
https://lao.ca.gov/Publications/Report/4425

Overview of Mental Health Services for College Students

Dec 10, 2021 - Trailer legislation to the budget requires health insurance plans to begin covering medically necessary behavioral health services provided at school sites —including CCC, CSU, and UC campuses —effective January 1, 2024.
https://lao.ca.gov/Publications/Report/4481

2020-21 Fiscal Outlook: Recent Job Losses Concentrated Among Childless Workers, Dampening Caseload Growth [EconTax Blog]

Dec 8, 2020 - Specifically, while workers under 25 years old represent 11 percent of the state ’s overall workforce, these workers account for 24 percent of recent job losses. These younger workers are less likely to have children than older workers —6 percent of workers under 25 years old are parents, whereas almost half of workers over 25 years old are parents.
https://lao.ca.gov/LAOEconTax/Article/Detail/591