We discuss the August 2016 cap-and-trade auction results.
Tax agencies have provided preliminary information on key July 2016 state General Fund revenues.
We discuss the report on California employment and unemployment in June 2016, which was released on July 22, and some more recent data too.
The U.S. Bureau of Economic Analysis has released state personal income through the first quarter of 2016.
State and federal labor agencies released the May 2016 jobs reports for California on June 17, 2016.
We discuss the administration's 2016 May Revision capital gains estimates, as well as our office's.
We discuss our May Revision estimates of wages and salaries in California, as well as the administration's.
The state received substantially less revenue from the May 17, 2016 cap-and-trade auction, compared to prior auctions.
We discuss the April 2016 monthly jobs report from the Employment Development Department and the U.S. Bureau of Labor Statistics.
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.
We display the administration's Proposition 30 revenue estimates, as of the 2016 May Revision, as well as our office's estimates.
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.)
This post discusses the near-term state General Fund revenue outlooks of both the administration and our office.
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.
We discuss the ways that economic assumptions affect state budget analyses and how policy makers and others should consider these assumptions.