Cal Facts 2013

http://www.lao.ca.gov/reports/2013/calfacts/calfacts_010213.pdf

Some Highlights:

California’s Economy:

California is the 9th largest economy in the world with GDP of $2 Trillion Dollars. The GDP of Texas - the next largest economy was $1.3 trillion in 2011

Over 1/3 of California’s GDP is produced in Los Angeles - Long Beach - Santa Ana

Jobs:

As of September 2012, the state had recovered about 500,000 of the net 1.4 million jobs it lost between
July 2007 and February 2010.

California has an above-average share of jobs in professional/business services and in information due in part to the state’s leadership in two sectors: technology and film/television production.

Universities Represent One-Third Of State Government Jobs. In 2011-12, the state employed about 357,000 full-time staff at a salary cost of roughly $25 billion (all funds)

Unemployment:

Only eight counties had unemployment rates below the national average: Marin, San Mateo, San Francisco, Napa, Orange, Santa Barbara, San Luis Obispo, and Sonoma.

Homes:

Many homeowners remain underwater on their mortgages (when the mortgage amount outstanding is greater than the market value of the home) and thousands have gone through foreclosure. In 2011, there were 155,000 foreclosures in California—down from 238,000 in 2008. Though foreclosures have declined, more than 250,000 delinquency notices were issued in 2011.

California’s Racial and Ethnic Make-up has Changed since 1980:

Non-Hispanic whites made up 40 percent of California’s population in 2010—down from 67 percent in 1980.

Between 1980 and 2010, the population of California’s Hispanic and Asian-American communities increased substantially. Hispanics, for example, made up 38percent of the population in 2010—up from 19 percent in 1980.

Tax Burden:

California’s tax burden was the tenth highest among all 50 states.

Of the other most populous states, only New York’s tax burden was higher.

Top 1 Percent of Income Earners Pay Around 40 Percent of Income Taxes

Debt:

Retirement Liabilities Are the Bulk of California’s Long-Term Obligations

Education:

Education Makes Up Half of State Spending

Primary Sources for Revenue:

• State Funds: 61%
• Federal Funds: 12%
• Local Funds: 27%

Expenses:

• More than $6 of every $10 is spent on instruction and instructional support—largely paying teacher salaries and benefits
• Almost $2 of every $10 is spent on facilities, including acquisition, construction, maintenance, and operations.
• About $1 of every $10 is spent on pupil services, including school meals, pupil transportation, guidance counseling, and health services.

Per Pupil Funding is being restored to 2008 levels by 2021 (Average $8,414 per student)

School Staffing has shrunk since 2007

• Teachers: -11%
• Pupil Support -14%
• Administrators -16%
• Operational Support -3%

California’s Public Schools Serve Diverse Population

California’s Public Schools Enroll More Than 6 Million K-12 Students

• About 1 in 2 is from a low-income family.
• About 1 in 4 is an English language learner (ELL).
• About 1 in 10 receives special education services.

Enrollment Trends:

• Statewide K-12 enrollment is projected to grow by 1.1 percent from 2011-12 through 2020-21. Changes in enrollment over this decade will vary significantly by county, with increases expected in 38 counties and decreases expected in 20 counties.

• The greatest increase is projected to occur in Riverside County, which is expected to gain 73,500 students over the decade.

• The greatest decrease is projected to occur in LosAngeles County, which is expected to lose 140,000 students over the decade.

Student Achievement Rising Over Time

Most College Students in California Attend Public Institutions

Tuition Has Nearly Doubled in Recent Years

Financial Aid MoreThan Doubled Since 2007-08

State Share of Higher Education Spending Has Declined

Graduation Rates Vary Significantly by Segment

• 80% of Students Graduate from UC Schools
• 50% Graduate from CSU Schools
• 30% of California Community College (CCC) students who seek to transfer or graduate with an associate degree or certificate actually do so.