September 2021 Jobs Report [EconTax Blog]

Oct 22, 2021 - The figure below shows how employment has evolved in both the state and the nation since the start of the pandemic. Overall employment in the state as of the middle of September  was 5.6 percent below the level of February 2020, considerably worse than the national figure of 3.3 percent.
https://lao.ca.gov/LAOEconTax/Article/Detail/708

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

Oct 22, 2021 - As reflected by the width of this range, with so much of the fiscal year ahead of us there remains significant uncertainty about how much the state ultimat ely will collect.  We also caution that the implications of unanticipated revenues for the state 's budget are not straightforward.
https://lao.ca.gov/LAOEconTax/Article/Detail/707

The 2021-22 Spending Plan: Health [Publication Details]

Oct 22, 2021 - The spending plan provides $33.7 billion General Fund for health programs. This is an increase of $6.7 billion, or 25 percent, compared to the revised 2020‑21 spending level. This year-over-year increase primarily is due to significant growth in projected General Fund spending in Medi-Cal.
https://lao.ca.gov/Publications/Detail/4465

The 2021-22 Spending Plan: Health

Oct 22, 2021 - For those higher incomes, no state or federal subsidies were available, meaning there was no state or federally guaranteed limit on what they may have to pay Covered California insurance. …That Free Up General Fund Dedicated to State Subsidy Program.
https://lao.ca.gov/Publications/Report/4465

Home Prices Update: September 2021 [EconTax Blog]

Oct 20, 2021 - The next figure shows the month to month change in home prices in the state and the nation. The September state growth rate of 1.37 percent was very high by historical standards, but it was also the lowest figure since March and fell below the national growth rate for the first time since January.
https://lao.ca.gov/LAOEconTax/Article/Detail/706

Online sports wagering. [Ballot]

Oct 20, 2021 - Tribal-State Compacts. Indian tribes possess special status under federal law. Specifically, tribes have certain rights to govern themselves without interference from states. As a result, state regulati on of tribal casinos and other activities is generally limited to what is authorized under (1)  federal law and (2)  federally approved
https://lao.ca.gov/BallotAnalysis/Initiative/2021-017

Emergency shutdown orders. [Ballot]

Oct 20, 2021 - Imposes a curfew or quarantine on a majority of the residents of the state or any city or county within the state. Prohibits travel into or out of the state or any city or county within the state. Requires the majority of residents of the state, or any city or county within the state, to remain inside their residences for more than 72 consecutive hours.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-018

The 2021-22 Spending Plan: Natural Resources and Environmental Protection

Oct 18, 2021 - Over the past several decades, the city has applied these taxes to the state ’s share of tidelands revenue, reducing the amount of revenue the state receives. Budget trailer legislation specifies that the state “consents ” to those previous city taxes but prohibits the state ’s share of revenues from being subject to any future local taxes, fees, or assessments without explicit statutory authorization.
https://lao.ca.gov/Publications/Report/4463

The 2021-22 Spending Plan: Natural Resources and Environmental Protection [Publication Details]

Oct 18, 2021 - The 2021‑22 budget package provides a total of $21.7 billion from various fund sources—the General Fund, bond funds, and various special funds—for programs administered by the California Natural Resources and Environmental Protection Agencies. This is a net increase of $4.8 billion (22 percent) compared to 2020‑21 estimated expenditures.
https://lao.ca.gov/Publications/Detail/4463

Water supply. [Ballot]

Oct 15, 2021 - State Appropriations Limit Consideration. The State Constitution limits how much tax revenues the state can spend each year. However, certain types of spending, most notably for infrastructure, are excluded from this limit.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-014