The 2022-23 Budget: California College Guidance Initiative

Feb 22, 2022 - The  state currently funds CCGI as part of the California Department of Education ’s (CDE ’s) budget, with Riverside County Office of Education (COE) and the nonprofit Foundation for California Community Colleges acting as intermediaries.
https://lao.ca.gov/Publications/Report/4553

Cannabis Tax Revenue Update [EconTax Blog]

Nov 30, 2020 - Cannabis Tax Revenue Update [EconTax Blog] Seth Kerstein In November 2016, California voters approved Proposition 64 , which legalized the nonmedical use of cannabis. The state levies two excise taxes on cannabis: a retail excise tax and a cultivation tax.
https://lao.ca.gov/LAOEconTax/Article/Detail/583

The 2019-20 Budget: Considerations for Governor's Proposals to Address Homelessness

Feb 21, 2019 - Specifically, ( 1)  h ow will the program measure success given the data collection challenges the administration has faced in the pilot, ( 2)  w hich counties will be eligible for additional HDAP funding, ( 3)  w hether the funds will be made available through a competitive process or set allocations, and ( 4)  w hether counties would be required to match state funding.
https://lao.ca.gov/Publications/Report/3942

2021-22 “Big Three” Revenue Outlook Update: October 2021 [EconTax Blog]

Oct 22, 2021 - We currently project that there is a good chance that collections from the state ’s “big three ” taxes —personal income, sales, and corporation taxes —will exceed the budget act assumption of $170 billion in 2021-22 by at least several billion dollars.
https://lao.ca.gov/LAOEconTax/Article/Detail/707

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

Apr 15, 2020 - The drop in overall retail sales will hurt sales tax revenues both for the state and local governments. Due to a state General Fund exemption for fuel, gas stations are a significant source of sales tax revenue for local governments, but not for the state.
https://lao.ca.gov/LAOEconTax/Article/Detail/451

Child Custody and Juvenile Dependency [Ballot]

Feb 18, 2020 - This measure could result in an ongoing increase in county workload to the extent that jurisdictional hearings that currently are decided by a judge are instead decided by a jury. For example, child welfare departments and/or county attorneys may need to spend more time preparing for jury trials because of the different rules related to how and what informa tion can be presented to a jury.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-033

The 2021-22 Budget: Department of Toxic Substances Control

Mar 19, 2021 - For example, should there be a sunset date for tax exemptions on midsized  businesses? Adopt a Tax Package That Raises Sufficient Revenues to Pay for Desired Expenditures. To address the ongoing structural imbalance, we recommend the Legislature adopt a tax structure for TSCA that aligns with its expenditure priorities.
https://lao.ca.gov/Publications/Report/4406

Income Tax Withholding Tracker: 4/6 to 4/10 [EconTax Blog]

Apr 10, 2020 - Income Tax Withholding Tracker: 4/6 to 4/10 [EconTax Blog] Income Tax Withholding Tracker: 4/6 to 4/10 April 10, 2020 Brian Uhler Bottom Line: Withholding has shown significant weakness for three weeks in a row.
https://lao.ca.gov/LAOEconTax/Article/Detail/450

Building Permits Update: February 2021 [EconTax Blog]

Apr 7, 2021 - Only 750 units were permitted outside of Los Angeles, Orange, and San Diego counties. This weak showing came on the heels of three strong months, and one month of data is not sufficient to conclude that the market is slowing.
https://lao.ca.gov/LAOEconTax/Article/Detail/641

Income Tax Withholding Tracker: 3/30 to 4/3 [EconTax Blog]

Apr 3, 2020 - Income Tax Withholding Tracker: 3/30 to 4/3 [EconTax Blog] Income Tax Withholding Tracker: 3/30 to 4/3 April 3, 2020 Brian Uhler Bottom Line: Withholding has declined significantly during the last two weeks.
https://lao.ca.gov/LAOEconTax/Article/Detail/448