Frequently asked questions concerning Facebook and California's General Fund

Aug 1, 2012 - For example,  if the recent weakness in Facebook stock causes a significant portion of worried "inside investors " (those with large blocks of Facebook stock prior to the IPO) to sell their shares in 2012, this increased stock trade  activity--and resulting income tax payments--could offset some of the state revenue weakness  that otherwise could result from Facebook 's depressed share price.
https://lao.ca.gov/Recommendations/Details/618

What Is the Adult Education Block Grant?

Jan 6, 2016 - Beginning in 2016-17, state education leaders will distribute block grant funding based on (1) the amount allocated to each consortium in the prior year, (2) the consortium ’s need for adult education, and (3) the consortium ’s effectiveness in meeting those needs.
https://lao.ca.gov/Publications/Report/3323

The 2012-13 Budget: Economic and Revenue Update [Publication Details]

Feb 27, 2012 - The economy now is clearly improving in many important ways, including employment growth, but significant impediments block the state’s path to a more robust economic recovery. Like the economic data, reports concerning state revenues have been mixed recently too, with weakness in income tax payments accompanied by speculation concerning a future bonanza of tax revenues due to the possible offering of stock by Facebook, Inc.
https://lao.ca.gov/Publications/Detail/2578

2025-26 Changes in Proposition 98 Spending [EdBudget]

Nov 7, 2025 - 2025-26 Changes in Proposition 98 Spending [EdBudget] $114,558 a Primarily reflects removal of 2024-25 one-time funds. b The 2025-26 budget package uses funding from the Proposition 98 reserve to cover $405 million in K-12 costs and $50 million in community college costs. c Reflects additional LCFF costs associated with serving more students in transitional kindergarten, including costs of
https://lao.ca.gov/Education/EdBudget/Details/1007

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - In addition to restructuring foster care maintenance payments, the 2024-25 statutory changes also added two new foster care programs and corresponding rate components: (1)  Strengths Building and Child and Family Determination Program, and (2)  Immediate Needs Program.
https://lao.ca.gov/publications/report/5147

LAO commentary on Facebook IPO and state revenue forecasts

May 15, 2012 - If the Facebook IPO were excluded, this figure would total 4.0 perce nt. Accordingly, around 20 percent of the state ’s personal income growth in 2012 —and nearly 1 percent of all personal income in the state   this year —is expected to be related to Facebook.
https://lao.ca.gov/Recommendations/Details/596

Considering Medi-Cal in the Midst of a Changing Fiscal and Policy Landscape

Oct 24, 2025 - Given the low cost ‑effectiveness of imposing work requirements, maximizing the use of H.R.  1 ’s flexibilities to minimize the policy ’s disenrolling effects would be reasonable. …But Potentially With Added Complexity.
https://lao.ca.gov/Publications/Report/5083

The 2026-27 Budget: County Administration and H.R. 1 Implementation

Mar 5, 2026 - The new date should take into account that it may take time to fully und erstand and incorporate the impacts of HR 1 into an administrative funding methodology. Additionally, in taking this task on, the administration will be adding to the many competing priorities that are underway.
https://lao.ca.gov/Publications/Report/5149

Building California’s Behavioral Health Infrastructure: Progress Update and Opportunities for the Proposition 1 Bond

Feb 5, 2025 - Strategies to do so have included expanding the behavioral health workforce; adding benefits and increasing rates in Medi ‑Cal; and increasing capacity through managed care plans, schools, and in other  settings.
https://lao.ca.gov/Publications/Report/4954

^[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