October Tax Collections [EconTax Blog]

Nov 17, 2022 - The October variance instead arises from a timing issue related to the newly created   elective pass-through entity (PTE) tax . The administration anticipated a large amount of income tax refunds ($9.7 billion) would be paid in October, related to delayed claiming of credits for elective PTE payments for tax year 2021.
https://lao.ca.gov/LAOEconTax/Article/Detail/761

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

^[PDF] HMOs and Rural California

In those rural areas where these steps are not enough to attract HMOs, we identify ways com- munities can develop their own health care sys- tems based on the experience of one rural California county. ■ August 8, 2002 2 L E G I S L A T I V E A N A L Y S T ’ S O F F I C E A N L A O R E P O R T INTRODUCTION How and Why the LAO Conducted This Study Chapter 208,
https://lao.ca.gov/2002/hmos_rural_ca/8-02_hmos_rural_ca.pdf

^[PDF] Performance Budgeting Pilot Project

. ~ Proposed measures do not, for the most part, allow the Legislature to evaluate the DPR's progress from one year to the next with much consistency, because of the absence of baseline data or performance com- mitments which are good for only one year. ~ The administration's 1996-97 goal to have the DPR's entire program expressed in terms of budgeted funds and results is
https://lao.ca.gov/reports/1995/performance_budgeting_pilot_project_(s)_subcommittee_2.pdf

^[PDF] Voters FIRST Act for Congress 2021

The measure states that the commission will approve congressional redis- tricting maps every ten years beginning in 2021 (following the 2020 census). The com- mission would draw congressional districts essentially as it draws other district lines under Proposition 11.
https://lao.ca.gov/ballot/2010/100102.pdf

Home Price Update: October 2021 [EconTax Blog]

Nov 18, 2021 - Home Price Update: October 2021 [EconTax Blog] Home Price Update: October 2021 November 18, 2021 Brian Uhler Home prices are important to the California economy for a number of reasons. In the short and medium terms, home price increases often drive construction activity, which in turn spurs employment growth in a wide range of sectors.
https://lao.ca.gov/LAOEconTax/Article/Detail/714

Home Prices Update: September 2021 [EconTax Blog]

Oct 20, 2021 - Home Prices Update: September 2021 [EconTax Blog] Home Prices Update: September 2021 October 20, 2021 Brian Uhler Home prices are important to the California economy for a number of reasons. In the short and medium terms, home price increases often drive construction activity, which in turn spurs employment growth in a wide range of sectors.
https://lao.ca.gov/LAOEconTax/Article/Detail/706

^[PDF] Building Reserves to Prepare for a Recession

By most measures, the recession of the early 1990s was more severe than the dot-com bust in the early 2000s. For example, unemployment in California reached 9.7 percent in mid- to late-1992, but peaked at 6.9 percent after the dot-com bust.
https://lao.ca.gov/reports/2018/3769/prepare-for-recession-030718.pdf