California Housing Affordability Tracker (1st Quarter 2025) [EconTax Blog]

Jan 24, 2024 - Monthly payments for a newly purchased mid-tier home —including mortgage, taxes, and homeowners ’ insurance —fell between April and September 2024 before recovering to a similar level in March 2025. Payments for a mid-tier home were nearly $5,900 a month in March2024 —a 82  percent increase since January 2020.
https://lao.ca.gov/LAOEconTax/article/Detail/793

The 2021-22 Budget: Overview of the Spending Plan (Final Version)

Oct 27, 2021 - Transportation: Discretionary Spending Proposals in the 2021 ‑22 Budget Package General Fund (In Millions) Highways, roads, and transit (transportation infrastructure package) b — Port of Oakland truck, rail, and neighborhood safety corridor — Active transportation (transportation infrastructure package) b — State and local adaptation (transportation Infrastructure package) b — Santa Fe Springs
https://lao.ca.gov/Publications/Report/4448/1

Changes in California State University General Fund Spending [EdBudget]

Jan 27, 2025 - Changes in California State University General Fund Spending [EdBudget] $5,403 a Includes a one-time base reduction of $75 million. b The 2021-22 budget agreement included a five-year plan for covering higher CENIC charges.
https://lao.ca.gov/Education/EdBudget/Details/915

The 2025-26 Budget: Undertaking Fiscal Oversight [Publication Details]

Feb 24, 2025 - This post provides guidance to the Legislature for conducting fiscal oversight. As outlined in our November Fiscal Outlook, we advise the Legislature to use the 2025-26 budget process to conduct robust fiscal oversight of state programs.
https://lao.ca.gov/Publications/Detail/4983

The 2022-23 Budget: College and Career Proposals

Feb 23, 2022 - (A similar model, known as “early college high school, ” is a partnership between public schools and a CCC, CSU, or UC campus that allows students to earn a diploma and up to two years of college credit in four years or less.)
https://lao.ca.gov/Publications/Report/4562

The 2022-23 Budget: California Food Assistance Program

Feb 11, 2022 - We understand part of the administration ’s consideration in targeting older immigrants is the availability of other food assistance programs (such as free and reduced ‑price school meals) to younger populations.
https://lao.ca.gov/Publications/Report/4532

Mental Health Services Act: Proposed Bond to Fund Behavioral Health Facilities and Veterans Housing

Aug 17, 2023 - The 2023 ‑24 budget delayed the sixth and final round totaling $481  million to 2024 ‑25 ($240  million) and 2025 ‑26 ($240  million). Shortage of Adult Psychiatric and Community Residential Beds Recent Study Estimated Shortage in California.
https://lao.ca.gov/Publications/Report/4790

Property tax assessment. [Ballot]

Oct 15, 2021 - This increases property taxes for local governments and schools. Over the next few years, schools and local governments each probably will gain hundreds of millions of dollars per year. Over time, these gains will grow resulting in schools and other local governments each gaining $1  billion or more per year.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-015

The 2021-22 Budget: Multiyear Budget Outlook

May 23, 2021 - The 2021-22 Budget: Multiyear Budget Outlook The 2021-22 Budget Multiyear Budget Outlook This report presents our office ’s independent assessment of the condition of the state General Fund budget through 2024 ‑25 assuming the economy continues to grow.
https://lao.ca.gov/Publications/Report/4437

The 2025-26 Budget: Single Sales Factor for Financial Institutions [EconTax Blog]

Feb 13, 2025 - Given the broad trend towards states adopting the SSF in recent years, California broadly following suit at a minimum keeps the playing field level with its competitors. References Bartik, Timothy J. (2017).
https://lao.ca.gov/LAOEconTax/article/Detail/821