Review of High-Speed Rail Draft 2016 Business Plan

Mar 17, 2016 - Changes IOS From South to North Silicon Valley to Central Valley IOS. The draft 2016 business plan changes the direction of the IOS from south to north, as shown in Figure  3. Under the draft plan, the IOS would extend 239 miles from the Central Valley to the Silicon Valley (referred to in this report as the “IOS North ”), rather than from the Central Valley to the San Fernando Valley.
https://lao.ca.gov/Publications/Report/3394

^[PDF] Review of High-Speed Rail Draft 2016 Business Plan

The draft plan estimates that in 2025, the first year of operation, the IOS North would carry between 2.2 million and 4.1 million passengers. Estimated Capital Cost of Proposed IOS. A primary reason for the change in the IOS is because of insufficient funding to complete the planned IOS South.
https://lao.ca.gov/reports/2016/3394/HSR-Draft-Business-Plan-Review-031716.pdf

^[PDF] Review of High-Speed Rail Draft 2016 Business Plan

The plan estimates that in 2025, the fi rst year of operation, the IOS North would carry between 2.2 million and 4.1 million passengers. A primary reason for the change in the IOS is because of insuffi cient funding to complete the planned IOS South.
https://lao.ca.gov/handouts/transportation/2016/Review-of-High-Speed-Rail-Draft-2016-Business-Plan-032816.pdf

^[PDF] Review of High-Speed Rail Draft 2018 Business Plan

In 2016, HSRA estimated that the IOS would cost about $21 billion and initially operate between San Jose and a terminus north of Bakersfield in 2025. ; Construction of IOS Began in Central Valley. In 2015, HSRA initiated construction of the first segment of the IOS—commonly referred to as the initial construction segment (ICS) or the Central Valley Segment.
https://lao.ca.gov/handouts/transportation/2018/2018-Draft-Business-Plan-040218.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

^[PDF] Funding for the High-Speed Rail Project

(The HSRA plans to offset these emissions by planting thousands of trees in the Central Valley.)  No Complete Funding Plan for IOS  In its 2014 draft business plan, HSRA identifi ed a total of $10 billion in funding available to support the construction of the IOS.
https://lao.ca.gov/handouts/transportation/2014/Funding-HSRA-032714.pdf

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

^[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