^[PDF] The 2006-07 Budget: Perspectives and Issues

The SEMS provides a solid structure for approach‑ ing emergency response. Since local governments are closest to the scene of an emergency, it makes sense that they provide the first level of response.
https://lao.ca.gov/analysis_2006/2006_pandi/pandi_06.pdf

^[PDF] The 1983-84 Budget: Perspectives and Issues

The 1983-84 Budget: Perspectives and Issues Report of the Legislative Analyst to the HON. DAVID A. ROBERTI HON. WILLIE l. BROWN, JR. Pr.slden' pro Tempore Speaker 01 the Au.m/Jly 01 the Sem,t. Members of the Committee SENATORS ASSEMBLYMEN Weller W.
https://lao.ca.gov/analysis/1983/pandi_83_intro.pdf

Supplemental Report of the 2025-26 Budget Act [Publication Details]

Oct 6, 2025 - Supplemental Report of the 2025-26 Budget Act [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5078

LAO commentary on Facebook IPO and state revenue forecasts

May 15, 2012 - It cannot tell us the extent to which RSU, options, and other transactions will occur with individuals who are obligated to report income to California versus other states. It also cannot reveal the extent to which Facebook insiders—especially the company’s largest investors—have or will undertake other transactions that would result in extraordinary deductions, credits, or other reductions to reported California taxable income.
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

Summary of LAO Findings and Recommendations on the 2012-13 Budget

It cannot tell us the extent to which RSU, options, and other transactions will occur with individuals who are obligated to report income to California versus other states. It also cannot reveal the extent to which Facebook insiders—especially the company’s largest investors—have or will undertake other transactions that would result in extraordinary deductions, credits, or other reductions to reported California taxable income.
https://lao.ca.gov/laoapp/budgetlist/PublicSearch.aspx?PolicyAreaNum=70&KeyCol=596&Yr=2012

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

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

Feb 27, 2012 - 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