The 2023-24 Budget: Equity Multiplier and Accountability Proposals [Publication Details]

Feb 23, 2023 - The 2023-24 Budget: Equity Multiplier and Accountability Proposals [Publication Details] Description: This brief provides an overview and analysis of the Governor's proposals to (1) provide ongoing funding for the highest-poverty schools and (2) make several changes to the system of transparency and accountability.
https://lao.ca.gov/Publications/Detail/4700

The 2020-21 Spending Plan: Tax Changes

Oct 5, 2020 - Prior law exempted new corporations from the minimum franchise tax in their first year of business. The budget package expands this exemption to LLCs and certain partnerships in their first year. This expanded exemption expire s in 2024.
https://lao.ca.gov/Publications/Report/4270

The 2020-21 Spending Plan: Human Services

Oct 23, 2020 - To move individuals currently held at county jails to Porterville DC while the new community homes are developed, the spending plan provides $8.9  million General Fund annually until June  30, 2024 to temporarily add 20 beds.
https://lao.ca.gov/Publications/Report/4286/1

Second Round of Higher Education Federal Relief Funds

Jan 20, 2021 - Of this amount, $187  million is reserved for assistance to private K-12 schools. California has discretion to spend the remaining $154  million on emergency grants to elementary and secondary schools, higher education institutions, or other education-related entities.
https://lao.ca.gov/Publications/Report/4315

K-12 Funding by Source [EdBudget]

Aug 17, 2022 - K-12 Funding by Source [EdBudget]     a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b Excludes funding for child care programs administered by the California Department of
https://lao.ca.gov/Education/EdBudget/Details/661

The 2023-24 Budget: Sexual Assault Evidence Kits Testing Mandate

Feb 27, 2023 - Specifically, the Commission found that this statutory change imposed new state-mandated activities and costs on county and city law enforcement agencies —but not K-12 school district or community college district law enforcement agencies —in order for the time frames to be met.
https://lao.ca.gov/Publications/Report/4714

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

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

An Initial Look at Effects of the COVID-19 Pandemic on Local Government Fiscal Condition

May 12, 2021 - The state has until December 31, 2024 t o spend its federal ARP allocation. As such, we recommend the Legislature not allocate all of the ARP funds available to the state as part of its 2021 ‑ 22 b udget.
https://lao.ca.gov/Publications/Report/4428

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