Collections of the state's three major General Fund taxes combined for 2014-15 were over $650 million above the Governor's projections as incorporated into the budget act signed on June 24.
At a meeting of the special session Assembly committee considering Medi-Cal and developmental services funding, we were asked several questions concerning some state tax increase options.
Preliminary data on California's gross domestic product shows that the state's economy again was the seventh or eighth-biggest in the world in 2014. This ranking varies depending on the data source used.
This note discusses recent international trade statistics for California and the likely negative effect of the strong U.S. dollar and seaport congestion on California exports.
We discuss the May Revision estimates for Proposition 30 revenues.
With the 2015-16 May Revision, the Governor's administration posts updated economic and revenue resources related to its budget proposal online.