#CABudget info
Jason SisneyCalifornia state budget info and updates
| Platform |  | Pricing | Only free issues | Publishes | Twice weekly |
|---|---|---|---|---|---|
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No big stock downturn...yet
The Legislative Analyst’s Office (LAO) notes this week that past major stock market downturns have hurt California tax collections significantly. “State income tax growth typically lags stock market turning points by six to twelve months,” ...
State moving closer to its appropriation limit
In my view, the odds are rising that California state government will reach its constitutional state appropriations limit (SAL), commonly known as the “Gann limit,” this year or next year. This outcome is possible, but not probable as of no...
February income tax tally close to forecast
Preliminary California tax agency data shows that February 2026 state General Fund income tax revenues totaled $5.9 billion, or $42 million below the monthly forecast from the Governor’s January 9 budget package.
LAO upgrades state revenue estimates a lot
LAO Revenue Estimates Upgraded. The Legislative Analyst’s Office (LAO) upgraded its near-term state revenue outlook significantly today (online here). While noting the broad uncertainty inherent in California state revenue forecasting, the ...
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#CABudget advisor | Views: my own | He/him | #Olympics \ud83c\udff3️\ud83c\udf08
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