The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor proposes to pay down $8.4  billion of this amount, with districts receiving the associated cash in 2021 ‑22. Slightly more than $4  billion would remain deferred from 2021 ‑22 to 2022 ‑23.
https://lao.ca.gov/Publications/Report/4309

Property tax rules for inherited property. [Ballot]

Oct 22, 2025 - The special rules for vacation homes and business properties only app lied to the first $1  million of combined property value. Proposition  19 narrowed these special rules. The rules now only apply to two types of properties: (1)  homes that a child or grandchild uses as a primary residence and (2)  farms.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-017

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

^[PDF] Overview of Enforcement of Firearm and Ammunition Laws

For example, 9,848 individuals were added in 2021 but only 8,937 were removed—leading to an increase of 911 individuals between 2022 and 2021. „ Of the prohibited persons removed in 2021, 60 percent were removed because they were no longer prohibited, 36 percent were removed due to firearms seizures or lawful transfers, and 4 percent were removed because they were deceased. 5,000
https://lao.ca.gov/handouts/crimjust/2023/firearm-ammunition-enforcement-overview-013123.pdf

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

App-based rideshare and delivery drivers. [Ballot]

Dec 18, 2019 - Background App-Based Rideshare and Delivery App-Based Rideshare and Delivery. Some companies now allow customers, using a smartphone application ( “app ”), to hire someone to provide a service. The most common work done this way is personal transportation ( “ridesharing ”) and food delivery.
https://lao.ca.gov/BallotAnalysis/Initiative/2019-026

LAO Analysis of the 2002-03 Budget: Education, Student Aid Commission (7980)

New Entitlement and Competitive Programs Chapter  403, Statutes of 2000 (SB 1644, Ortiz), significantly expanded and revised the existing Cal Grant program. Most significantly, Chapter  403 created a new entitlement program.
https://lao.ca.gov/analysis_2002/education/ed_31_7980_anl02.htm