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

May 12, 2021 - The picture will beco me more clear next year when the Legislature considers the state ’s 2022 ‑ 23 b udget after the SCO has published local governments ’ 2019 ‑20 financial data and clearer still when the Legislature considers the state ’s 2023 ‑ 24 b udget after the SCO has published local governments ’ 2020 ‑21 financial data.
https://lao.ca.gov/Publications/Report/4428

How Has COVID-19 Affected Renters and Homeowners?

Jan 19, 2021 - Although the exact amount of unpaid rent in the state is unknown, researchers have attempted to estimate this amount to shed light on how the pandemic has affected renter households and thereby help inform any policy response.
https://lao.ca.gov/Publications/Report/4312

The 2019-20 Budget: Considerations for Governor's Proposals to Address Homelessness

Feb 21, 2019 - In light of this impendent to the development of emergency shelters, the Governor ’s proposal deserves serious consideration. Additionally, this proposal is in line with previous action by the Legislature to streamline CEQA for specific projects or types of projects.
https://lao.ca.gov/Publications/Report/3942

The 2019-20 May Revision: Opportunity Zones

May 11, 2019 - Past experience with New Market Tax Credits also can shed some light on how much of the proposed state Opportunity Zone benefit would be windfalls for investors. A handful of other states have adopted state tax credits that mirror the federal New Market Tax Credit to encourage investors to shift their New Market Tax Credit investment to those states.
https://lao.ca.gov/Publications/Report/4038

The 2018-19 Budget: County Assessor Funding

Feb 15, 2018 - In light of this, should the Legislature approve SSCAP (or a similar program) it may want to consider directing DOF to use multiple approaches to evaluate the outcomes. One alternative approach could be to develop a statistical model to estimate what would have happened to taxable values in the absence of the funding and compared these estimates to the outcomes under the program.
https://lao.ca.gov/Publications/Report/3756

The 2019-20 Budget: Considerations for the Governor's Housing Plan

Feb 20, 2019 - In light of the state ’s housing crisis, the Governor ’s interest in investing state resources on affordable housing is commendable. However, we questions the expansion of housing assistance programs towards broader income levels when other options are available to assist middle ‑income households cope with high housing costs.
https://lao.ca.gov/Publications/Report/3941

The 2022-23 Budget: The Governor's Housing Plan

Feb 14, 2022 - As the impact of recent budget augmentations and policy changes start to come to light, this will better position the Legislature to determine where continued actions are necessary and help guide the state ’s long ‑term fiscal strategy in addressing housing development and affordability.
https://lao.ca.gov/Publications/Report/4535