April 2021 Jobs Report [EconTax Blog]

May 21, 2021 - California leisure/hospitality employment continued to rebound from the sharp drops in December and January, although it rem ains far more depressed than its national counterpart as the state has generally been slower to lift pandemic-related restrictions than other states have.
https://lao.ca.gov/LAOEconTax/Article/Detail/657

The 2021-22 Budget: LAO Preliminary Comments on the May Revision Medi-Cal Budget

May 21, 2021 - For example, the May Revision assumes a much larger portion of the higher caseload due to COVID ‑19 will fall within the childless adult population (which is low cost from a state perspective) and a much smaller portion of higher caseload will fall within the senior and persons with disabilities population (which is high cost from a state perspective).
https://lao.ca.gov/Publications/Report/4436

Home Prices Update: April 2021 [EconTax Blog]

May 20, 2021 - All the other large counties in the state are up at least 10 percent, and still have housing prices far below any of those three.  
https://lao.ca.gov/LAOEconTax/Article/Detail/656

The 2021-22 May Revision: Golden State Stimulus 2

May 18, 2021 - In recognition of this, the state included payments for undocumented workers in the Golden State Stimulus program discussed below. State Issued First Round of Stimulus Checks Earlier This Year. As part of the early action budget agreement, Chapter  8 of 2021 (SB  88, Committee on Budget and Fiscal Review), the state enacted its own stimulus payment program.
https://lao.ca.gov/Publications/Report/4435

The 2021-22 May Revision: Golden State Stimulus 2 [Publication Details]

May 18, 2021 - The 2021-22 May Revision: Golden State Stimulus 2 [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/4435

The 2021-22 Budget: May Revenue Outlook [EconTax Blog]

May 17, 2021 - We begin with a discussion of the impact of the existing and future economic landscape on state revenues. We then present our May revenue outlook. We conclude with more detailed observations on trends in the state ’s major revenue sources.
https://lao.ca.gov/LAOEconTax/Article/Detail/654

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - The ARP included $350  billion in funding to state and local governments for fiscal recovery in the Coronavirus State Fiscal Recovery Fund. Of this total, California ’s state government will receive about $27  billion.
https://lao.ca.gov/Publications/Report/4432

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - On May 14, 2021, Governor Newsom presented a revised state budget proposal to the Legislature. (This annual proposed revised budget is called the “May Revision.”) In this post, we provide a summary of the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/4432/1

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656 | information [at] lao.ca.gov
https://lao.ca.gov/Publications/Report/4432/2

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - On May 14, 2021, Governor Newsom presented a revised state budget proposal to the Legislature. (This annual proposed revised budget is called the “May Revision.”) In this post, we provide a summary of the Governor’s revised budget, focusing on the overall condition and structure of the state General Fund—the budget’s main operating account.
https://lao.ca.gov/Publications/Report/4432/3