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

The annual state costs of this proposal, once fully phased in, would amount to approximately $400 million in today'sdollars. • UC Pension Costs (-$68 million). The state traditionally funds the employer's share of retirement costs for the University of California.
https://lao.ca.gov/analysis/1989/pandi_89_part1.pdf

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 2026-27 Budget: University of California

Feb 26, 2026 - Spending Trends UC ’s Spending Is Driven by a Few Major Cost Pressures. In addition to understanding UC ’s reliance on state support and tuition revenue, it is important to understand UC ’s spending trends and core cost pressures.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - UC, CSU, and CCC also are focused on improving learning outcomes for students. One way they routinely do this is by providing opportunities for faculty professional development. A few of these existing opportunities are: UC faculty have access to teaching and learning centers where they receive support related to course redesign and creating more inclusive pedagogy to improve student outcomes, including in STEM courses.
https://lao.ca.gov/Publications/Report/5171

Changes in University of California General Fund Spending [EdBudget]

Feb 13, 2026 - These figures were provided by UC. DOF included in Schedule 9 the original appropriations. e Reflects removal of $8.1 million from UC's budget relating to a UC Santa Cruz and Cabrillo College intersegmental housing project being shifted to being supported with Proposition 2 funds.
https://lao.ca.gov/Education/EdBudget/Details/1044

The 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - CSU and UC Out ‑Year Commitments Would Remain. Under the Governor ’s plan —consistent with the budget plan enacted in June 2025 —the state would continue to make certain out ‑year commitments to CSU and UC.
https://lao.ca.gov/Publications/Report/5112