Snapshot of the California Economy: December 2020 [EconTax Blog]

Feb 4, 2021 - One the one hand, payrolls (as measured by state income tax withholding, which is disproportionately tied to earnings of higher-income individuals) and stock prices reached new highs in December. On the other hand, total employment in the state dropped slightly in December, unemployment remained widespread, and spending on restaurants and entertainment remains sever ely depressed.  
https://lao.ca.gov/LAOEconTax/Article/Detail/619

Building Permits Update: December 2020 [EconTax Blog]

Feb 4, 2021 - More than half the units permitted in December came from Los Angeles and San Diego counties. Nonresidential construction permit activity remains weak. The December total of $1.728 billion was nearly 20 percent below the recent average for December, the fifth straight month this pattern has held.
https://lao.ca.gov/LAOEconTax/Article/Detail/618

The 2021-22 Budget: Special Education Proposals

Feb 4, 2021 - The Governor ’s budget also provides $250, 000 o ngoing to designate a district or county office of education to provide technical assistance on Medi ‑Cal billing as part of the statewide system of support.
https://lao.ca.gov/Publications/Report/4345

The 2021-22 Budget: Analysis of the Governor’s CalWORKs Proposals

Feb 3, 2021 - Following a major realignment of state and local responsibilities in 1991, some funds generated by a new sales tax and a portion of the vehicle license fee accrue to a special fund with a series of subaccounts which pay for a variety of health and human services programs and responsibilities.
https://lao.ca.gov/Publications/Report/4341

The 2021-22 Budget: Funding for County Probation Departments [Publication Details]

Feb 2, 2021 - The 2021-22 Budget: Funding for County Probation Departments [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/4338

Estimating the CalWORKs Take-Up Rate

Feb 2, 2021 - Families living in high-cost coastal counties such as Los Angeles and San Francisco receive grants that are about 5.5  percent larger than similar families living in inland counties such as Fresno and Shasta.
https://lao.ca.gov/Publications/Report/4340

Home Prices Update: December 2020 [EconTax Blog]

Feb 1, 2021 - The graph below shows appreciation over the past 12 months for the state ’s 15 largest counties, and suggests that the shift to remote work has been a key factor in recent price changes. San Francisco has long been northern California ’s largest business hub, and historically a large share of its work force has commuted in from other counties.
https://lao.ca.gov/LAOEconTax/Article/Detail/617

Evaluating State Economic Stimulus Proposals [Publication Details]

Feb 1, 2021 - In this report, we offer the Legislature guidance on how to evaluate fiscal stimulus proposals. We pose six key questions to ask when assessing specific proposals and provide specific elements that can be incorporated into proposals to increase their potential effectiveness.
https://lao.ca.gov/Publications/Detail/4331

Evaluating State Economic Stimulus Proposals

Feb 1, 2021 - Sales Tax Exemption for Certain Manufacturers. In 2018, we evaluated the economic effects of a sales tax exemption administered by the California Alternative Energy and Advanced Transportation Financing Authority.
https://lao.ca.gov/Publications/Report/4331

Follow-up Evaluation of the District of Choice Program

Feb 1, 2021 - The last district indicated that permissive interdistrict permit policies adopted by other districts in its county had made its participation in the District of Choice program unnecessary. Fewer Participating Students Compared Wit h 2 014 ‑15.
https://lao.ca.gov/Publications/Report/4329