California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The current discrepancy over the size of the state ’s budget deficit —$18  billion under the Legislative Analyst ’s Office estimate versus $3  billion in the Governor ’s budget —fits squarely within that pattern.
https://lao.ca.gov/Publications/Report/5104

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2015-16 Budget: California's Fiscal Outlook Press Conference - Fiscal Outlook Press Conference Q&A [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video Fiscal Outlook Press Conference Q &A November 19, 2014
https://lao.ca.gov/Videos/Player?playlistId=3&videoId=6

The 2025-26 Budget: California's Fiscal Outlook Press Availability - The 2025-26 Budget: California's Fiscal Outlook Press Availability Q&A [Video]

To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video The 2025-26 Budget: California 's Fiscal Outlook Press Availability Q &A November 20, 2024
https://lao.ca.gov/Videos/Player?playlistId=119&videoId=181

^[PDF] A Review of the Shared Work Unemployment Compensation Program

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https://lao.ca.gov/reports/1984/a_review_of_the_shared_work_unemployment_compansation_program_8-84.pdf

^[PDF] California's Parimutuel Horse Racing Tax

PILED FOR 1983 BY THE NATIONAL As soc 1 1\ T I oN oF STATE RAe r ~JG CoM"1 Iss I oNERS , THESE DATA INDIC.liTE THAT CALIFORNIA IS P.. PELATIVELY HIGH TAX STATE ltMEN IT COf-1ES TO Pf'.PIMUTUEL WAGERING TAXATION , FOR E> https://lao.ca.gov/reports/1984/californias_paramutual_horse_racing_tax.pdf

^[PDF] STATE REIMBURSEMENT OF MANDATED LOCAL COSTS: A REVIEW OF STATUTES FUNDED DURING JUNE 1981 THROUGH SEPTEMBER 1982

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https://lao.ca.gov/reports/1983/06_review_of_statutes_funded_during_june_1981-september_1982.pdf

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Figure 3 General Fund Condition Under Fiscal Outlook (In Millions)
https://lao.ca.gov/Publications/Report/5091