The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - The 2023 ‑24 total also includes $135  million for contingencies related to the 2023 storms —$40  million for the communities of Planada in Merced County and Pajaro in Monterey County, which experienced severe damage and displacement from the storms, and $95  million for other response and recovery activities.
https://lao.ca.gov/Publications/Report/4788

The 2024-25 Budget: In-Home Supportive Services

Feb 29, 2024 - Beginning in 2012-13, however, the historical county share-of-cost model was replaced with an IHSS county maintenance-of-effort (MOE), meaning county costs reflect a set amount of nonfederal IHSS costs as opposed to a certain percent of nonfederal IHSS costs.
https://lao.ca.gov/Publications/Report/4868

The 2023-24 California Spending Plan: Proposition 98 and K-12 Education

Nov 28, 2023 - The budget provides $632,000 to offset reductions in property tax revenue experienced by basic aid school districts affected by the Kincade Fire, a wildfire that burned in Sonoma County in the fall of 2019.
https://lao.ca.gov/Publications/Report/4818

The 2024-25 Budget: Food Assistance Programs

Feb 16, 2024 - CalFresh Administration Is Funded by the State, Counties, and Federal Government. CalFresh is overseen at the state level by the California Department of Social Services (CDSS) and administered locally by county human services departments.
https://lao.ca.gov/Publications/Report/4845

Update on Student Housing Assistance

May 7, 2024 - ., an organization that provides support services to youth exper iencing homelessness in Los Angeles County. Meanwhile, the Chico campus is working with two organizations, True North Housing Alliance and the Chico Housing Action Team, both of which provide support services to people experiencing homelessness in Butte County.
https://lao.ca.gov/Publications/Report/4898

The 2024-25 Budget: Medi-Cal Fiscal Outlook

Dec 7, 2023 - This change restarted monthly county eligibility redeterminations beginning April 1, 2023, with the first enrollment terminations beginning July 1, 2023. These redeterminations are expected to decrease Medi-Cal caseload and General Fund spending during 2023-24.
https://lao.ca.gov/Publications/Report/4820

IRS Migration Data Shows Increased Movement in 2020 [EconTax Blog]

Aug 16, 2022 - The forgone state income tax collections associated with this net outmigration likely represent a bit over one percent of total s tate income tax revenues. This is about double the amount of forgone revenues associated with outmigration in 2019.
https://lao.ca.gov/LAOEconTax/Article/Detail/747

Local rent control laws. [Ballot]

Feb 10, 2023 - If cities or counties create new rent control laws or expand existing ones, local rent boards would have increased costs. For communities where rent control laws expand automatica lly, costs also could increase.
https://lao.ca.gov/BallotAnalysis/Initiative/2022-008

The 2024-25 Budget: Initial Comments on the Governor’s May Revision

May 17, 2024 - The state meets this requirement through a combination of General Fund spending and local property tax revenue. When General Fund revenue declines, the minimum requirement usually declines in tandem.
https://lao.ca.gov/Publications/Report/4902

U.S. Retail Sales Update: January 2024 [EconTax Blog]

Feb 15, 2024 - U.S. retail sales have dropped 0.5 percent over the last 3 months and grown 0.6 percent over the last 12 months.  The 12-month growth rate was well below the rate of inflation.
https://lao.ca.gov/LAOEconTax/Article/Detail/796