- All Articles 2015-16 State Budget
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.
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.
November 2015 Revenues: Sales Taxes Fall Short December 10, 2015
Preliminary tax agency data on November 2015 revenue collections has been received.
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.
Cap-and-Trade May Auction Results May 28, 2015
The California Air Resources Board released summary results for the cap-and-trade auction conducted on May 21, 2015.
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: Cap-and-Trade Revenue May 18, 2015
The Governor's May Revision to his 2015-16 budget proposal increases estimates of cap-and-trade auction revenue.
May Revision: Proposition 30 Estimates, Accrual Uncertainties May 18, 2015
We discuss the May Revision estimates for Proposition 30 revenues.
May Revision: Earned Income Tax Credit Proposal May 17, 2015
We discuss the Governor's May Revision proposal for a state earned income tax credit (EITC).
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.