The 2025-26 Budget: Understanding Recent Increases in the Medi-Cal Senior Caseload

Mar 6, 2025 - Figure  10 shows the average number of Medi ‑Cal enrollees over 65 who are enrolled in Medi ‑Cal for the first time in their lives in four selected time periods —before the continuous coverage period, during continuous coverage but before the asset test phase out, the asset test phase ‑out period, and finally after elimination of the asset test.
https://lao.ca.gov/Publications/Report/5010

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

Frequently asked questions concerning Facebook and California's General Fund

Aug 1, 2012 - Frequently asked questions concerning Facebook and California's General Fund Frequently asked questions concerning Facebook and California's General Fund Program: Revenues Finding or Recommendation: This item lists answers to frequently asked questions concerning Facebook's stock and California's General Fund budget for 2012-13.
https://lao.ca.gov/Recommendations/Details/618

LAO commentary on Facebook IPO and state revenue forecasts

May 15, 2012 - State tax revenue estimates regarding Facebook, therefore, require numerous assumptions. Because of these factors, there is a large margin of error surrounding both our Facebook revenue estimates and those of the administration.
https://lao.ca.gov/Recommendations/Details/596

Summary of LAO Findings and Recommendations on the 2012-13 Budget

Essentially, to avoid “double counting ” the Facebook income, this means that both of our revenue estimates consider the economy without Facebook and then add PIT revenues on top of those estimates to account for the IPO.
https://lao.ca.gov/laoapp/budgetlist/PublicSearch.aspx?PolicyAreaNum=70&KeyCol=596&Yr=2012

The 2023-24 Budget: Sexual Assault Evidence Kits Testing Mandate

Feb 27, 2023 - Evidence Tested at Various Laboratories. SAE and RADS kits may be tested in state, local, or private laboratories. The Department of Justice ’s Bureau of Forensic Services (BFS) provides criminal laboratory services —including DNA testing as well as SAE and RADS kits testing.
https://lao.ca.gov/Publications/Report/4714

Assessing California’s Climate Policies—Cap-and-Trade Reauthorization

May 7, 2025 - This report is intended to help inform legislative decision-making around reauthorization of the cap-and-trade program. It is submitted pursuant to Chapter 135 of 2017 (AB 398, Garcia), which requires our office to report annually on the economic impacts and benefits of the state’s greenhouse gas emissions reduction targets.
https://lao.ca.gov/Publications/Report/5042

Assessing California’s Climate Policies—Cap-and-Trade Reauthorization [Publication Details]

May 7, 2025 - This report is intended to help inform legislative decision-making around reauthorization of the cap-and-trade program. It is submitted pursuant to Chapter 135 of 2017 (AB 398, Garcia), which requires our office to report annually on the economic impacts and benefits of the state’s greenhouse gas emissions reduction targets.
https://lao.ca.gov/Publications/Detail/5042

The 2020-21 Budget: Staffing to Address New Independent Contractor Test

Feb 11, 2020 - The 2020-21 Budget: Staffing to Address New Independent Contractor Test The 2020-21 Budget Staffing to Address New Independent Contractor Test The 2020 ‑21 Governor ’s budget includes two labor proposals related to Chapter  296 of 2019 (AB  5, Gonzalez), a new law that limits what types of work businesses can hire independent contractors to do.
https://lao.ca.gov/Publications/Report/4151