^[PDF] The 1989-90 Budget: Perspectives and Issues

:~Jl~,ct~diJQ'Y~r~11;l,lJ.9;~P.J'siE~tg(;lcJ¢Y~1~"i.()f..capital ,g~,t!!,~!p.S2m¥"r,~~~z,~gJ~K~t:lt~J~~p~y~r~.Foods which had been a.ppi-o- ,pHated; to 'the SFEU were' redireCted to cover the shortfall, and' several actions were taken by the administration to reduce or delay expenditures.
https://lao.ca.gov/analysis/1989/pandi_89_part1.pdf

New tax on the wealth of billionaires. [Ballot]

Dec 11, 2025 - Several of the wealthiest people in the world live in California. Wealth is the value of all the things a person has come to own over their lifetime. Wealth is different from incom e, which is how much a person earns in a set period of time, like one year.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-024

2025 Update: Tech Company Stock Pay Accounts for One-Quarter of Withholding Growth So Far in 2025-26 [EconTax Blog]

Dec 3, 2025 - California ’s Technology Sector California ’s Tech Companies Have Become the World ’s Most Valuable Companies. The state ’s five largest tech companies —Apple, Google, Nvidia, Broadcom, and Meta —are currently worth $15 trillion.
https://lao.ca.gov/LAOEconTax/article/Detail/843

2025 Update: Tech Company Stock Pay Accounts for One-Quarter of Withholding Growth So Far in 2025-26 [EconTax Blog]

Dec 3, 2025 - California ’s Technology Sector California ’s Tech Companies Have Become the World ’s Most Valuable Companies. The state ’s five largest tech companies —Apple, Google, Nvidia, Broadcom, and Meta —are currently worth $15 trillion.
https://lao.ca.gov/LAOEconTax/Article/Detail/843

A Review of the CalSTRS Funding Plan: Theoretical Investment Gains Have Shifted Unfunded Liabilities to Districts

Feb 2, 2016 - That is, the calculation reflects a fictional investment portfolio that has more assets than CalSTRS’ real world portfolio. This is important because when CalSTRS records investment gains in the real world, the calculation gives the state the benefit of additional, theoretical gains off the fictional portion of the investment portfolio.
https://lao.ca.gov/Publications/Report/3334

The 2025-26 Budget: California Military Department—STARBASE Classroom Building

Feb 20, 2025 - The program uses real-world, experiential learning to motivate children to explore educational opportunities in the STEAM fields. The California Military Department (CMD) Offers a STARBASE Program at the Joint Forces Training Base Complex in Los Alamitos .
https://lao.ca.gov/Publications/Report/4976

How Does Tech Company Equity Pay Affect Income Tax Withholding? [EconTax Blog]

Nov 16, 2023 - California ’s Growing Technology Sector California ’s Tech Companies Have Become Some of the World ’s Most Valuable Companies... The state ’s four largest tech companies —Apple, Google, Nvidia, and Meta —are currently worth more than $7 trillion.
https://lao.ca.gov/LAOEconTax/Article/Detail/789

A Review of the CalSTRS Funding Plan: State’s Future Responsibility for CalSTRS Uncertain

Feb 2, 2016 - In our third post , we showed how the funding plan’s key calculation gives the state the benefit of theoretical investment gains that do not exist in the real world. For example, if CalSTRS’ real world portfolio grows by $10 billion, the calculation gives the state the benefit of a roughly $12 billion gain.
https://lao.ca.gov/Publications/Report/3336

California's Economy and Taxes

November 16, 2023 California 's technology companies, including giants like Apple, Google, Nvidia, and Meta, are some of the most valuable companies in the world and support thousands of high-paying jobs in th e state.
https://lao.ca.gov/LAOEconTax?tagId=56

Sequestering Savings From the Closure of Developmental Centers

Jan 31, 2018 - The original lease terms did not require the developer to pay any monetary rent to the state and allowed it to receive a 15  p ercent return ‑on ‑investment (ROI) of hard costs related to construction, improvements, and management.
https://lao.ca.gov/Publications/Report/3735