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Results from the past 5 years

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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

November 2022 Cap-and-Trade Auction Update [EconTax Blog]

Dec 14, 2022 - The preliminary auction results exceed the amount the 2022-23 budget package assumed would be raised in this auction —$711 million, which reflected the administration ’s projections —by about $250 million.
https://lao.ca.gov/LAOEconTax/Article/Detail/763

The 2023-24 California Spending Plan: Other Provisions

Nov 8, 2023 - Governor ’s Office of Planning and Research The budget provides the Governor ’s Office of Planning and Research (OPR) with roughly $1.1  billion in total funds (including $711  million from the Greenhouse Gas Reduction Fund, $378  million from the General Fund, and $29  million from federal funds) and 149.4 positions in 2023-24.
https://lao.ca.gov/Publications/Report/4814

The 2022-23 Budget: Office of Planning and Research Budget Proposals

Feb 9, 2022 - To increase awareness about the program and to recruit volunteers, California Volunteers would develop a robust marketing campaign using social media platforms, such as Facebook and Ring Neighborhoods, and provide communications support to neighborhood leaders. $1.5   Million for Digital Infrastructure.
https://lao.ca.gov/Publications/Report/4523