The 2021-22 Budget: Analysis of the Major University Proposals

Feb 1, 2021 - Moreover, the state has opportunities to translate the lessons learned from its CalFresh student enrollment efforts to various other public assistance programs (such as Medi ‑Cal, the Earned Income Tax Credit, and unemployment insurance) that students may be underutilizing.
https://lao.ca.gov/Publications/Report/4336

The 2021-22 Budget: Extended Learning and Academic Support

Jan 29, 2021 - The vast majority of funds would be distributed to school districts, charter schools, and county offices of education (COEs) based on their share of total Local Control Funding Formula (LCFF) allotments.
https://lao.ca.gov/Publications/Report/4326

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

Jan 29, 2021 - Recent budgets have used funding from Proposition  56, which established a higher tax on tobacco products, to increase provider payments in Medi ‑Cal. If the suspensions went into effect, most of these payment increases would cease.
https://lao.ca.gov/Publications/Report/4328

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - The rate includes: 3. 94  p ercent for the state ’s General Fund. 3. 31  p ercent to 6. 56  p ercent for various local programs, including 1. 06  p ercent to counties for criminal justice, mental health, and social services under 2011 Realignment.
https://lao.ca.gov/Publications/Report/4327

The 2021-22 Budget: Business Tax Incentives [Publication Details]

Jan 28, 2021 - The 2021-22 Budget: Business Tax Incentives [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/4327

Update on Community College Reserves

Jan 27, 2021 - Local reserves also allow colleges to handl e lower-than-budgeted local property tax receipts or unexpected drops in enrollment. Additionally, local reserves help colleges manage their cash flow and pay their bills while awaiting receipt of funds.
https://lao.ca.gov/Publications/Report/4323

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

December 2020 State Tax Collections [EconTax Blog]

Jan 20, 2021 - December 2020 State Tax Collections [EconTax Blog] 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/LAOEconTax/Article/Detail/612

U.S. Retail Sales Update: December 2020 [EconTax Blog]

Jan 15, 2021 - U.S. retail sales declined by 0.7% from November to December, but sales for the full year were 0.4% higher than 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/611

Card Spending Update: December 2020 [EconTax Blog]

Jan 14, 2021 - To do this, we use an index—a weighted average of different spending categories—designed to track movements in California’s sales tax base. In this post, we update the index to include December data and to incorporate data revisions for earlier months.
https://lao.ca.gov/LAOEconTax/Article/Detail/610