Preliminary: Dec. 2015 Income Taxes Above Projections January 6, 2016

We have received preliminary data from tax agencies concerning California's state income tax collections in December 2015.


Fiscal Outlook: Personal Income vs. Income Tax Projections December 11, 2015

We discuss the distinctions between our personal income and personal income tax projections.


November 2015 Revenues: Sales Taxes Fall Short December 10, 2015

Preliminary tax agency data on November 2015 revenue collections has been received.


LAO Fiscal Outlook: Updated Proposition 30 Estimates November 18, 2015

In conjunction with the November 2015 edition of our Fiscal Outlook, we update our estimates for the revenue effects of Proposition 30 (2012).


Oct. 2015 Income, Sales Taxes Above Projections November 9, 2015

Preliminary data has been released by the state's tax agencies concerning October 2015 state revenue collections.


September 2015 Income Taxes: Above Governor's Projections October 15, 2015

Personal income tax collections in September were hundreds of millions above the Governor's projections for the month.


The Stock Market Downturn and California's Finances August 28, 2015

We answer some questions we receive about California's budget and the stock market downturn of recent days.


Revenue Tracking: July 2015 General Fund Collections August 18, 2015

Updated information about July 2015 major tax collections in California's General Fund has been released.


2014-15 Agency Cash: Revenue Collections $732 Million Above Projection July 14, 2015

In total, 2014-15 General Fund agency cash revenue collections exceeded the Governor's estimate, as incorporated in the 2015-16 budget plan he signed into law last month, by $732 million.


2014-15 Agency Cash: Big Three Taxes $655 Million Above Projection July 14, 2015

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.


May Revision: 2014 Personal Income Tax Numbers May 26, 2015

We discuss 2014 personal income tax data from both our May Revision revenue estimates and those of the administration.


May Revision: Proposition 30 Estimates, Accrual Uncertainties May 18, 2015

We discuss the May Revision estimates for Proposition 30 revenues.


May Revision: LAO Revenue Outlook May 16, 2015

Our office's May Revision revenue outlook anticipates billions of dollars of additional revenues in 2015-16, compared to the administration's updated projections.


FTB Spring 2015 Revenue Exhibit Data Posted May 14, 2015

The Franchise Tax Board has posted its spring "exhibit" data, which contains information used by our office and the administration to understand state income tax collections.


4/2015: Personal Income Tax Far Above Projections May 8, 2015

This post provides updated data from the tax agencies on monthly agency cash collections of California's key state taxes.