Home Sales Update: April 2019 [EconTax Blog]

May 16, 2019 - However, after several months of growing severity in 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/372

Income Tax Withholding Tracker: February 1 - February 19 [EconTax Blog]

Feb 19, 2021 - As of January 25, the tracker showed an increase of 6.1 percent ($3.599 billion). The final graph shows the year over year changes in cumulative withholding for California in 2020-21, the United States in 2020-21 (from the federal income tax), and California in 2009-10 at the trough of the Great Recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/627

Breakdown of Local Control Funding Formula [EdBudget]

Jan 13, 2022 - Breakdown of Local Control Funding Formula [EdBudget] 6.6% a Includes funding for Necessary Small Schools. b Proposal would increase the amount of funding districts receive through LCFF base, supplemental, and concentration grants. c Proposal would be implemented as a special LCFF add-on. d Includes funding related to inter-district transfer students, support for the State Special Schools, and the Education Protection Account.
https://lao.ca.gov/Education/EdBudget/Details/587

California labor law violations. [Ballot]

Nov 23, 2021 - Unlike penalties collected by the Labor Commissioner, penalties paid under PAGA are distributed 75  percent to the state (to be used for labor law enforcement activities) and 25  percent to the affected employees.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-027

The 2023-24 California Spending Plan: Human Services [Publication Details]

Nov 6, 2023 - The 2023-24 spending plan provides over $30 billion from the General Fund for human services programs. This is an increase of nearly $7 billion, or 30 percent, compared to the revised prior-year spending level.
https://lao.ca.gov/Publications/Detail/4812

The 2023-24 California Spending Plan: Human Services

Nov 6, 2023 - The 2023-24 spending plan provides over $30 billion from the General Fund for human services programs. This is an increase of nearly $7 billion, or 30 percent, compared to the revised prior-year spending level.
https://lao.ca.gov/Publications/Report/4812

Need-Based Financial Aid Award Amounts [EdBudget]

Jan 16, 2019 - For 2018-19 and 2019-20, we grow the average cost of attendance by 2 percent each year and assume no change in self-help expectation. UC = University of California. WASC = Western Association of Schools and Colleges.
https://lao.ca.gov/Education/EdBudget/Details/228

Housing affordability and property taxes. [Ballot]

Nov 29, 2021 - Revenues in excess of the limit, over a two-year period, trigger a requirement for taxpayer rebates and additional school pay ments. Summary of Fiscal Effects. We estimate that this measure would have the following major fiscal effects.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-032

Home Prices Update: July 2020 [EconTax Blog]

Aug 25, 2020 - Home Prices Update: July 2020 [EconTax Blog] Home Prices Update: July 2020 August 25, 2020 Brian Uhler Home prices are important to the California economy for a number of reasons. In the short and medium terms, home price increases often drive construction activity, which in turn spurs employment growth in a wide range of sectors.
https://lao.ca.gov/LAOEconTax/Article/Detail/533

Governor’s May Revision Update: Health Insurance Affordability Proposals

May 15, 2019 - The proposed state subsidies would limit these households ’ net premiums to a fixed percentage of income that would grow from about 10  percent for households with income just over 400  percent of the FPL to 25  percent for households with income at 600  percent of the FPL.
https://lao.ca.gov/Publications/Report/4047