May Revision: Property Tax Estimates [EconTax Blog]

May 23, 2016 - Based on this new information, we have revised our property tax estimates upward by $87 million across 2015-16 and 2016-17, so that our office 's estimates ( "LAO May ")  are now $439 million higher than the administration 's ( "May Revision ")  across the 2015-16 and 2016-17 fiscal years, as shown below.  
https://lao.ca.gov/LAOEconTax/Article/Detail/189

May Revision 2016: Revenue Outlook [EconTax Blog]

May 16, 2016 - May Revision 2016: Revenue Outlook [EconTax Blog] This post discusses the near-term state General Fund revenue outlooks of both the administration and our office. Administration and LAO Outlooks: Similar Through 2016-17 Figure 1 summarizes the administration ’s May Revision revenue estimates through 2016-17.
https://lao.ca.gov/LAOEconTax/Article/Detail/186

^[PDF] School Accountability: Changes to State and Federal Systems

Carol Liu, Chair School Accountability: Changes to State and Federal Systems February 24, 2016 YEARS OF SERVICE 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 2L E G I S L A T I V E A N A L Y S T ’ S O F F I C E February 24, 2016  API Measures Performance on Standardized Tests  Includes subject-matter summative assessments and
https://lao.ca.gov/handouts/education/2016/School-Accountability-Changes-to-State-Federal-Systems-022416.pdf

May Revision 2016: Economic Outlook [EconTax Blog]

May 15, 2016 - May Revision 2016: Economic Outlook [EconTax Blog] May Revision 2016: Economic Outlook May 15, 2016 Justin Garosi This post discusses the state ’s  economic outlook over the next couple of years, including the administration’s assessment of the near-term economic outlook in the May Revision.
https://lao.ca.gov/LAOEconTax/Article/Detail/185

November 2016 State Tax Collections [EconTax Blog]

Dec 2, 2016 - As described in our November 2016 Fiscal Outlook report , we have estimated that taxpayers will make larger estimated and final payments for the rest of the year and that 2016-17 PIT revenues will exceed budget act projections by $1.7 billion.
https://lao.ca.gov/LAOEconTax/Article/Detail/219

^[PDF] Overview of California's Academic Content Standards and Assessments

. „ The Superintendent of Public Instruction (SPI) has discretion not to calculate an Academic Performance Index (API) score in 2013-14 and 2014-15 if the lack of data compromises API results. ELA and Math Assessments in 2013-14 7L E G I S L A T I V E A N A L Y S T ’ S O F F I C E March 18, 2014 LAO 70 YEARS OF SERVICE ; State Adopted Next Generation Science
https://lao.ca.gov/handouts/education/2014/Overview-CA-Academic-Content-031814.pdf

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

Next Steps for Improving State Accountability for Alternative Schools

Second, the state currently is in the process of refining the API calculation for high schools. Statute requires that in time for the 2016 API calculation, the State Board of Education (SBE) must have revised the API to incorporate other measures of school performance, such as graduation rates and indicators of college and career readiness, in addition to standardized test scores.
https://lao.ca.gov/reports/2015/edu/alt-ed/improving-accountability-051615.aspx

December 2016 State Tax Collections [EconTax Blog]

Jan 5, 2017 - In fact, PIT withholding through January 9th is strong, on track to perhaps  well exceed estimates included in the June 2016 state budget act. Through First Half of 2016-17, Preliminary Big Three Tax Receipts  $1.4 Billion  Under Projections.
https://lao.ca.gov/LAOEconTax/Article/Detail/228