The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - Specifically, under the 2012 IHSS MOE, the state share of IHSS nonfederal costs increased from  65  percent in 2011 ‑12 ($1.7  billion) to roughly  76  percent in 2016 ‑17 ($3.5  billion). 2017 IHSS MOE.  
https://lao.ca.gov/Publications/Report/5166

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

Mar 9, 2026 - Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - As shown in Figure  1, during the Great Recession, the state incrementally decreased SSP grants for individuals and couples until they reached these minimum levels in June 2011 and November 2009, respectively.
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: University of California

Feb 26, 2026 - As Figure   4 shows, the General Fund share of UC ’s total core funding has increased from 37   percent in 2011 ‑12 to 43   percent in 2025 ‑26. As the state share has increased, the tuition share had decreased —falling from 57   percent in 2011 ‑12 to 52   percent in 2025 ‑26.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: California State University

Feb 24, 2026 - CalPERS contribution rates increased every year from 2011‑12 through 2019‑20, rising from 18 percent to 31 percent over that period (for Miscellaneous Tier 1 state employees). In 2020‑21 and 2021‑22, the state applied certain supplemental payments towards CalPERS costs, which lowered rates to 29 percent.
https://lao.ca.gov/Publications/Report/5142

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Counties receive their flexible 2011 realignment funds for child welfare programs —which DSS has indicated counties will be able to use as the ongoing local funding component —but some counties report exhausting these funds to provide the basic mandatory child welfare program components.
https://lao.ca.gov/Publications/Report/5106

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

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 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091