May Revision: Capital Gains Estimates May 27, 2016
We discuss the administration's 2016 May Revision capital gains estimates, as well as our office's.
May Revision: Wage and Salary Estimates May 27, 2016
We discuss our May Revision estimates of wages and salaries in California, as well as the administration's.
May 2016 Cap-and-Trade Auction Update May 26, 2016
The state received substantially less revenue from the May 17, 2016 cap-and-trade auction, compared to prior auctions.
April 2016 Jobs Report: Strong Month in the Data May 25, 2016
We discuss the April 2016 monthly jobs report from the Employment Development Department and the U.S. Bureau of Labor Statistics.
May Revision: Property Tax Estimates May 23, 2016
We discuss our estimates of local property taxes, which affect the state's school funding requirements, as well as the administration's property tax estimates.
May Revision 2016: Proposition 30 Estimates May 23, 2016
We display the administration's Proposition 30 revenue estimates, as of the 2016 May Revision, as well as our office's estimates.
May Revision 2016: Administration & LAO Multiyear Revenue Figures May 17, 2016
This post compares the administration's multi-year forecast revenue estimates with those generated under the LAO May 2016 economic growth scenario through 2019-20. (This does not reflect required transfers to the Budget Stabilization Account under Proposition 2 under the LAO figures, as those estimates are still under development.)
May Revision 2016: Revenue Outlook May 16, 2016
This post discusses the near-term state General Fund revenue outlooks of both the administration and our office.
May Revision 2016: Economic Outlook May 15, 2016
We discuss the state's economic outlook, including the administration's assessment of the near-term economic outlook in the Governor's May Revision to his 2016-17 budget proposal.
A Note on Economic Assumptions & State Budget Analyses May 15, 2016
We discuss the ways that economic assumptions affect state budget analyses and how policy makers and others should consider these assumptions.
April 2016 "Big Three" Tax Collections May 9, 2016
We have now received preliminary data from all the tax agencies concerning April 2016 collections of the personal income tax, the sales and use tax, and the corporation tax. These are the state General Fund's "Big Three" revenue sources.
April 2016 Tax Tracker: Personal Income Taxes May 5, 2016
Updated daily during April, this is our annual tracker page for California's personal income tax collections.
U-6: Broader Unemployment Measure Continues to Improve April 22, 2016
The U.S. Bureau of Labor Statistics has released updated data for states' "U-6" measures (broad measures of the unemployed, underemployed, and those who are not looking but who want a job) through the first quarter of 2016.
Some History on April FTB Tax Collections April 18, 2016
To help enhance readers' understanding of how to track April California income tax collections, we offer some data concerning the recent history of the month's tax collections at the California Franchise Tax Board.
March 2016 Jobs Report: Unemployment Down, Slow Growth in Payroll Jobs April 15, 2016
We discuss the March 2016 jobs report, released by the California Employment Development Department and the U.S. Bureau of Labor Statistics.