The 2025‑26 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 20, 2024 - Stock compensation has become an increasingly important form of pay among California ’s high ‑income workers, especially those at major technology companies. This form of compensation is tied to the company ’s stock price, so it rises when stock prices rise.
https://lao.ca.gov/Publications/Report/4940

The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges

Nov 19, 2025 - A  decline in the value of the tech companies leading the stock market could rapidly reduce state revenues and the Proposition  98 guarantee. In the rest of this section, we provide some options to build budget resiliency and help protect ongoing school and community college programs.
https://lao.ca.gov/Publications/Report/5093

The 2022-23 Budget: Overview of the Governor's Budget

Jan 13, 2022 - The  Governor ’s Office of Business and Economic Development (GO ‑Biz) would allocate tax credits to companies that are developing green energy technologies. Credit recipients would be required to share future profits with the state.
https://lao.ca.gov/Publications/Report/4492