In conjunction with the November 2015 edition of our Fiscal Outlook, we update our estimates for the revenue effects of Proposition 30 (2012).
A note discussing how we think of the scenarios in the new LAO Fiscal Outlook.
We answer some questions we receive about California's budget and the stock market downturn of recent days.
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.
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.
With the 2015-16 May Revision, the Governor's administration posts updated economic and revenue resources related to its budget proposal online.
April is a major corporate tax collection month. Here, we discuss April 2015 collection trends for the state's third-largest General Fund revenue source.
This note discusses the state's complex revenue accrual rules, which affect Proposition 98 school funding and various aspects of state budgeting, in the context of the April 15 personal income tax deadline.
This blog post responds to questions we receive regularly concerning the likely effect of the drought on the state's economy and tax revenues.
A portion of the California Public Utilities Commission's $1.6 billion penalty against the Pacific Gas and Electric Company (PG&E) affects state General Fund budgetary revenues.
Corporate profits data released today by the Bureau of Economic Analysis show an annual decline of $17 billion, or less than 1 percent.
This post discusses February 2015 personal income, sales, and corporate income tax collections (the General Fund's "Big Three" tax sources).
We discuss Pacific Gas and Electric Company's possible penalty payment to California's General Fund related to the San Bruno pipeline explosion.
This note discusses the complex effects on state budget revenue projections related to the new College Access Tax Credit.
The state's preliminary official statements for bond offerings, such as the planned March 4 general obligation bond sale, contain significant information about the state's finances, including litigation related to state revenues and spending.