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Who have been to previous presentations but for californians. For decades and decades, weve come to expect the unexpected as it regards to the volatility of the tax system. You can see the orange line, those are the big three revenues. It. Looks like an ekg chart. It goes up during good times and down during bad times. It reflects i think the larger narrative of todays presentation and that is a story of correction, a story of normalization after a period of tremendous amounts of distortion. That distortion has been represented in the revenue collection in this state. Take a look at this chart. 10. 4 , that is the year 2000. We have had spikes in the past and revenue. 10. 4 , thats the percentage of our income tax collection Capital Gains. 11. 6 , historically high number represented in 2021. Now a drop. We look at the projections going out to about 5 . Those are remarkable swings in terms of that revenue collection as it relates t ....
I think we passed out the larger format of the budget people are rummaging through but let me begin as we often do with a slide that has become more and more familiar, not just to those who have been to previous presentations but for californians. For decades and decades, weve come to expect the unexpected as it regards to the volatility of the tax system. You can see the orange line, those are the big three revenues. It. Looks like an ekg chart. It goes up during good times and down during bad times. It reflects i think the larger narrative of todays presentation and that is a story of correction, a story of normalization after a period of tremendous amounts of distortion. That distortion has been represented in the revenue collection in this state. Take a look at this chart. 10. 4 , that is the year 2000. We have had spikes in the past and revenue. 10. 4 , thats the percentage of our income tax collection Capital Gains. 11. 6 , h ....
More detail to come in your extended forecast in a few minutes. Sarah time now for fast track traffic with Danielle Gersh. Danielle thanks, sarah. Good morning, everyone. If youre getting ready to head out the door this morning, i think youre in good shape. Lets go to the maps. Only ten minutes from braintree to boston northbound on the expressway. All green. No issues there. South of town, all green, as well. So were in good shape on routes 3, 24 and 95. Notice those work crews still out there. Theyll wrap thing head into the 5 00 hour. Problemfree heading in and out of boston. Routes 2 and 3 look good. 93 fine back to 495, and no issues on route 1. Lets check your drive times if youre getting ready to head out the door. 93 southbound, 128 to the zakim bridge, just 11 minutes. No delays out on the roads this morning. The t and Commuter Rail running on schedule. Back to you, g ....
Year running around 80 degrees. We are there at 5 00 a. M. 81 right now in the city of boston. 75 in worcester. Not only do we have the warm air, we have the high humidity. Dew point levels running low to mid70s. A lot of cloud cover overnight last night, helping pull some of that warmth down there. Its a warm start. Its a muggy start, but we get the breeze coming in here this afternoon, and we lower the humidity. So a more enjoyable afternoon coming ahead of us. We dont have the track any storms later on today. A bit of a breeze coming in on the shorelines, but pretty good beach day with temperatures running mid to upper 80s. No sea breeze today with that strong northwesterly wind. Sarah time now for fast track traffic with Danielle Gersh. Danielle thanks, sarah. Heres a look at the braintree split. Things looking good if youre getting ready to head out the door. Lets go to the maps. A lot of green south of town on route 24, prob ....