2001 Budget Analysis: School Accountability

As discussed above, the API is a work in progress and will take several years to develop fully. The administration is making progress on increasing the number of outcome measures used to calculate the API, and is planning to switch to a value-added approach, which will improve the use of the existing achievement measure.
https://lao.ca.gov/analysis_2001/education/ed_10_sch_acct_anl01.htm

LAO Analysis of the 2002-03 Budget: Education, California School Information Services

Here are two examples of issues that the report may raise: Switching to a Value-Added Measure of Student Achievement in Calculating the API. Education experts suggest that using a value-added measure of achievement for accountability purposes is preferable to using school-wide averages.
https://lao.ca.gov/analysis_2002/education/ed_13_CSIS_anl02.htm

2001 Budget Analysis: K-12 Databases

The API database would be created to eventually be folded into CSIS, and would use unique CSIS student identifiers to track students over time. There are four potential benefits of this proposed API database: Allow for Calculation of Value-Added Measures of Student Achievement.
https://lao.ca.gov/analysis_2001/education/ed_12_Databases_anl01.htm

^[PDF] Key Issues Facing the State Board of Education

LAO 60 YEARS OF SERVICE 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 2, 2005 Major Features of the State Public Schools Accountability Act " Academic Performance Index (API) • Ranks schools in deciles 1 through 10 based on results from student assessments. " Governor’s Performance Awards • Provides rewards to schools that improve their API scores
https://lao.ca.gov/handouts/education/2005/Key_Issues_Facing_SBE_020205.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

Next Steps for Improving State Accountability for Alternative Schools

Adopting our recommended changes to state –required performance data and accountability reports would provide better information about how alternative schools serve students and allow the state to identify schools in need of added support.
https://lao.ca.gov/reports/2015/edu/alt-ed/improving-accountability-051615.aspx

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