Card Spending Update: August 2020 [EconTax Blog]

Sep 11, 2020 - 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 August data. Card Data: Growth Continued in August...
https://lao.ca.gov/LAOEconTax/Article/Detail/543

Examining California's Income Tax Withholding Growth by Sector [EconTax Blog]

Jun 9, 2021 - Examining California's Income Tax Withholding Growth by Sector [EconTax Blog] Examining California 's Income Tax Withholding Growth by Sector June 9, 2021 Brian Uhler Bottom Line: While high-tech firms have played a big role, the recent increase in California income tax withholding has been broad-based.
https://lao.ca.gov/LAOEconTax/Article/Detail/662

Building Permits Update: July 2021 [EconTax Blog]

Sep 7, 2021 - Los Angeles County permitted 1,765 units, but no other metro area had as many as 500. Nonresidential construction permit remains historically weak, and July ’s total of $937 million was the single lowest monthly figure since 2012, when the state ’s economy was far smaller and the price level lower.
https://lao.ca.gov/LAOEconTax/Article/Detail/693

The 2021-22 Budget: Analysis of the Medi-Cal Budget

Feb 16, 2021 - To expand county behavioral health treatment capacity, the Governor proposes $ 750  m illion one ‑time available for three years to provide grant funds to counties to acquire and renovate behavioral health facilities.
https://lao.ca.gov/Publications/Report/4373

The 2021-22 Budget: Community Schools

Feb 12, 2021 - Have cosignatories from partner government agencies, such as county public health, county health, and county mental health agencies. Grantees can use the funding to coordinate and provide wraparound services (such as physical and mental health) on school sites, and train community school staff to provide student supports.
https://lao.ca.gov/Publications/Report/4367

The 2023-24 Budget: Medi-Cal Fiscal Outlook [Publication Details]

Nov 16, 2022 - This brief provides our annual fiscal outlook for General Fund spending in Medi-Cal. It summarizes our projections, describes the major factors driving our projections, and highlights several uncertainties.
https://lao.ca.gov/Publications/Detail/4649

U.S. Retail Sales: July 2020 [EconTax Blog]

Aug 14, 2020 - In addition to being a general economic indicator, U.S. retail sales can give us a rough sense of the trajectory of sales tax revenues. As noted in a recent post , we also are tracking sales tax performance with spending data from credit and debit cards.
https://lao.ca.gov/LAOEconTax/Article/Detail/520

Climate Change Impacts Across California - Housing

Apr 5, 2022 - For example, over the past decade, six out of ten of the state ’s fastest growing counties have been in the Central Valley and Inland Empire, which are regions that are a comparatively high risk of excessive heat.
https://lao.ca.gov/Publications/Report/4584

Financial Aid Award Amounts [EdBudget]

Aug 16, 2022 - They are ineligible for supplemental nontuition awards for students with dependent children and foster youth, as well as the Dreamer Service Incentive Grant. dStudents who receive the Cal Grant B Access Award may also receive a supplemental award funded by the College Access Tax Credit (CATC), contingent upon available CATC funding. eThe Middle Class Scholarship may be used for tuition and/or nontuition costs.
https://lao.ca.gov/Education/EdBudget/Details/647

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

Apr 26, 2021 - Income Tax Withholding Tracker: April 1 - April 26 [EconTax Blog] Income Tax Withholding Tracker: April 1 - April 26 April 26, 2021 Brian Uhler Bottom Line: California income tax withholding collections in April to date are 30.3 percent above April 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/644