The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Amid these conditions, California businesses have pared back hiring, resulting in no payroll job growth in the state so far this year. California consumers similarly are limiting spending, with sales of taxable goods flat over the last year.
https://lao.ca.gov/Publications/Report/5091

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

Mar 9, 2026 - 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 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] Proposition 27: Allows Online and Mobile Sports Wagering Outside Tribal Lands. Initiative Constitutional Amendment and Statute.

The increase would depend mostly on how sports betting is regulated—such as the number of sports betting licenses approved, the type and number of betting options and events offered, and how much state enforcement is done.
https://lao.ca.gov/handouts/crimjust/2022/Prop-27-081022.pdf

The 2022-23 Budget: California State Library

Feb 18, 2022 - The platforms focus on many areas and offer several types of services and content. Coursera, for example, offers certificates in a variety of industries, including information technology, cybersecurity, and marketing.
https://lao.ca.gov/Publications/Report/4549

May 2021 Jobs Report [EconTax Blog]

Jun 18, 2021 - May 2021 Jobs Report [EconTax Blog] Brian Uhler California 's Employment Development Department and the U.S. Bureau of Labor Statistics released California 's   May 2021 state jobs  report today. Statewide nonfarm employment grew by an estimated 104,500 in May, the fourth straight month of six-digit growth.
https://lao.ca.gov/LAOEconTax/Article/Detail/667

^[PDF] Proposition 26: Allows In-Person Roulette, Dice Games, Sports Wagering on Tribal Lands. Initiative Constitutional Amendment and Statute.

Increased State Regulatory Costs „ Increased state costs for state agencies (such as DOJ) to regulate in-person sports betting, possibly reaching the low tens of millions of dollars annually. These costs would depend mostly on how sports betting is regulated, such as what types of bets are not allowed. „ Some or all of these costs would be offset by CSWF revenues and tribal payments to the state that do not go into the CSWF.
https://lao.ca.gov/handouts/crimjust/2022/Proposition-26-081022.pdf

^[PDF] 2000 Cal Facts: California's Economy and Budget in Perspective

Rate is de- pendent on type of racing and bet, and where the wager is placed. Insurance 2.35% Insurers are subject to the gross premiums tax in lieu of all other taxes except property taxes and business license fees.
https://lao.ca.gov/2000/calfacts/2000_calfacts_all.pdf

An Update on California Competes [EconTax Blog]

Mar 10, 2023 - One potential interpretation is that the state is making high risk-high reward bets on businesses. While many of these bets do not pan out, the ones that do can be successful enough to yield overall benefits for the state.
https://lao.ca.gov/LAOEconTax/Article/Detail/771

^[PDF] The 2022-23 Budget: California State Library

The platforms focus on many areas and offer several types of services and content. Coursera, for example, offers certificates in a variety of industries, including information technology, cybersecurity, and marketing.
https://lao.ca.gov/reports/2022/4549/State-Library-021822.pdf