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

Mar 9, 2026 - Perhaps more concerning, income tax revenues stayed depressed for years following major downturns. Revenues regained their nominal levels in 55 months after the dot-com bubble, 53 months following the global financial crisis, and 40 months after the 2022 rate hike drawdown.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Perhaps more concerning, income tax revenues stayed depressed for years following major downturns. Revenues regained their nominal levels in 55 months after the dot-com bubble, 53 months following the global financial crisis, and 40 months after the 2022 rate hike drawdown.
https://lao.ca.gov/LAOEconTax/article/Detail/852

[PDF] Overview of Enforcement of Firearm and Ammunition Laws

As of January 1, 2022, there were 24,509 prohibited persons in this file. „ As shown in the figure, the number of prohibited persons in APPS continues to grow. This is generally due to more individuals being added than removed in most years.
https://lao.ca.gov/handouts/crimjust/2023/firearm-ammunition-enforcement-overview-013123.pdf

Cannabis Tax Revenue Update (2025 Q4) [EconTax Blog]

Feb 26, 2026 - Chapter 56 of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Fourth Quarter of 2025: $145 Million. The administration currently estimates that retail excise tax revenue was $145 million in the fourth quarter of calendar year 2025 (October through December).
https://lao.ca.gov/LAOEconTax/Article/Detail/851

Cannabis Tax Revenue Update (2025 Q4) [EconTax Blog]

Feb 26, 2026 - Chapter 56 of 2022 (AB 195, Committee on Budget) eliminated the cultivation tax on July 1, 2022. Preliminary Total for Fourth Quarter of 2025: $145 Million. The administration currently estimates that retail excise tax revenue was $145 million in the fourth quarter of calendar year 2025 (October through December).
https://lao.ca.gov/LAOEconTax/article/Detail/851

Frequently asked questions concerning Facebook and California's General Fund

Aug 1, 2012 - Facebook 's IPO  clearly is resulting in significant new tax revenue for the state. Accordingly, given the goal of developing an accurate revenue estimate, an effort to estimate Facebook-related r evenues was necessary.
https://lao.ca.gov/Recommendations/Details/618

The 2026-27 Budget: Department of Justice

Feb 11, 2026 - However, beginning in 2022-23, expenditures began outpacing revenues, shrinking the fund balance. The Governor ’s budget estimates that the DROS Special Account will be insolvent in 2026-27 if no action is taken.
https://lao.ca.gov/Publications/Report/5118

LAO commentary on Facebook IPO and state revenue forecasts

May 15, 2012 - LAO commentary on Facebook IPO and state revenue forecasts LAO commentary on Facebook IPO and state revenue forecasts Program: Revenues Finding or Recommendation: This provides an update to the Legislature on the state's revenue situation, following the revision of revenue estimates by the Governor on May 14, 2012.
https://lao.ca.gov/Recommendations/Details/596

The 2022-23 Budget: California's Fiscal Outlook Press Availability - The 2022-23 Budget: California's Fiscal Outlook Press Availability [Video]

The 2022-23 Budget: California's Fiscal Outlook Press Availability - The 2022-23 Budget: California's Fiscal Outlook Press Availability [Video] Search LAO Videos The 2022-23 Budget: California 's Fiscal Outlook Press Availability November 17, 2021 Legislative Analyst Gabriel Petek hosts a video call with members of the press after the release of the LAO 's report The 2022-23 Budget: California's Fiscal Outlook .
https://lao.ca.gov/Videos/Player?playlistId=116

The 2025-26 Budget: California Department of Corrections and Rehabilitation

Feb 25, 2025 - CDCR Also Continuing to Operate Excess APP and ICF Bed Capacity. As shown in Figure   4 , CDCR is also operating excess capacity in other types of inpatient beds, including 205 APPs, 327  ICFs at both men ’s prisons and state hospitals, 32  APP/ICF beds at women ’s prisons, and 13 APP/ICF beds for the condemned population.
https://lao.ca.gov/Publications/Report/4986