Initiative process. [Ballot]

Nov 17, 2021 - Beginning in 2024-25, the measure would require that the appropriation level be adjusted annually to reflect any increase or decrease in the California Consumer Price Index. The measure does not specify whether this appropriation would be considered part of legislative appropriations —and therefore subject to the constitutional limit —or not.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-024

Home Sales Update: March 2019 [EconTax Blog]

Apr 22, 2019 - However, after several months of worsening year-over-year declines, the rate of decline seems to have stabilized at 10% to 12% in recent months. This level of decline is below the level typically seen before a recession (declines of 25 percent or more).  
https://lao.ca.gov/LAOEconTax/Article/Detail/364

The 2019-20 May Revision: K-12 Cal Grant Mandate

May 28, 2019 - To streamline the GPA submission process and encourage higher Cal Grant participation, Chapter 679 of 2014 (AB 2160, Ting) requires that all high school seniors in public schools be considered Cal Grant applicants unless they opt out during their junior year.
https://lao.ca.gov/Publications/Report/4052

The 2021-22 Budget: Business Tax Incentives

Jan 28, 2021 - Chapter   677 o f 2012 (S B  1128 , Padilla) prohibits CAEATFA from approving more than $ 100  m illion of exclusions in any calendar year. This cap has become more binding over time. Before 2019, exclusions were available for most of the year.
https://lao.ca.gov/Publications/Report/4327

The 2021-22 Spending Plan: Child Care and Preschool

Dec 17, 2021 - The 2021-22 budget package also provides $130  million Proposition  98 General Fund to increase State Preschool slots for school districts and county offices of education. Increases Rates for Child Care and Preschool Programs .
https://lao.ca.gov/Publications/Report/4485

Income Tax Withholding Tracker: July 6-July 10 [EconTax Blog]

Jul 10, 2020 - The first graph compares withholding payments received last week to payments received in the comparable week in 2019, which ran from Monday, July 8 to Friday, July 12 of that year. Withholding was up 25 percent from the comparable week in 2019 .  
https://lao.ca.gov/LAOEconTax/Article/Detail/494

State Fiscal Health Index: September 2019 [EconTax Blog]

Nov 4, 2019 - The index ranges from 0 (representing the lowest level in the last 25 years) to 100 (representing the highest level in the last 25 years). Both the level of the index and changes in the index from month to month offer information about the state ’s fiscal health.
https://lao.ca.gov/LAOEconTax/Article/Detail/410

The 2019-20 Budget: Transportation Proposals

Feb 26, 2019 - Finally, we note that the proposals to suspend certain capital outlay projects increases the level of resources available in the MVA by $ 25  m illion and helps address the solvency of the fund in the budget year.
https://lao.ca.gov/Publications/Report/3948

State Fiscal Health Index: August 2019 [EconTax Blog]

Oct 11, 2019 - The index ranges from 0 (representing the lowest level in the last 25 years) to 100 (representing the highest level in the last 25 years). Both the level of the index and changes in the index from month to month offer information about the state ’s fiscal health.
https://lao.ca.gov/LAOEconTax/Article/Detail/404

An Overview of Federal Higher Education Relief

Apr 28, 2020 - Specifically, 75  percent is allocated based on the number of full-time equivalent undergraduate students receiving Pell Grants and 25  percent is allocated based on the number of full-time equivalent undergraduate and graduate students not receiving Pell Grants.
https://lao.ca.gov/Publications/Report/4225