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The Economy

Tax Performance Continues to Amaze…Mostly

I remember a time, not too long ago, when the State Controller’s monthly report of cash receipts consistently induced shudders, giving us a collective chance to cringe at just how bad the fiscal situation was. No longer. Today’s report (narrative version, nerd version) states that California’s three major taxes beat recent estimates by almost a [...]

NACo: As County Economies Go, So Goes the Nation

How does your county compare to counties in the rest of California, or the nation, in terms of the economic recovery?”

That question is answered in an interesting and comprehensive analysis released today by the National Association of Counties (NACo) that examines the performance of all 3,069 county economies. The report is titled “County Tracker 2013: On the Path to Recovery.” NACo’s conclusion: As our county economies go, so goes the nation’s economy.

Conserving Ag Land: Funding the Williamson Act

I grew up on a small “ranch” in Penngrove, Sonoma County, that had two houses for people and about a dozen houses for chickens—over the years, family farming in the poultry industry became less and less profitable and my father got out of the chicken business altogether in the late 1960s. Since then the chicken [...]

Fiscal Cliff: It’s Not Over Yet for Counties

We are starting to see some specific analysis from the last minute deal to avoid the fiscal cliff, but even as we digest more details, some pundits are saying the specifics are less important than the deal itself. Both parties in Congress had to come together to make it work and the compromise bodes well for [...]

California Likes Facebook

The LAO released a curious document this week. They’ve been doing a lot of thinking about Facebook. On the one hand, who doesn’t spend a lot of time thinking about Facebook? But they’re doing it during working hours, unlike all of you, no doubt. They’ve been wondering how much this week’s IPO means in revenue [...]