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

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

^[PDF] Supplemental Report of the 2004 Budget Act

Working drawings will begin by July 2005 and be com- pleted by December 2005. Construction will begin by March 2006 and be com- plete by February 2007. Item 0820-301-0660—Department of Justice—Capital Outlay 1.
https://lao.ca.gov/2004/supp_report/supp_rpt_2004_budget_act.pdf

^[PDF] Supplemental Report of the 2003 Budget Act

Working drawings are scheduled to begin July 2003 and be com- pleted March 2004. Construction is scheduled to begin July 2004 and be com- pleted February 2005. 12. Mount Diablo State Park, Road System Improvements.
https://lao.ca.gov/2003/supp_report/supp_rpt_2003_budget_act.pdf

^[PDF] 1969 Budget Analysis: Local Assistance

Payments under this program, however, shall not exceed one-half the cost to the local agency of providing televised instruction. The Department of Education reports that approximately 33 percent of the current public school enrollment for grades K-14 is receiving some instruction by television.
https://lao.ca.gov/analysis/1969/21_local%20_assistance_1969.pdf

The 2023-24 Budget: California's Film Tax Credit

Feb 28, 2023 - The 2023-24 Budget: California's Film Tax Credit 17% for relocating TV series 8% for independent films Base: 20% of qualified spending. Base: 20% of qualified spending, plus additional: Base: 20% of qualified spending, plus additional: Independent films: 25% 5% of spending outside LA 5% of visual effects 5% to 10% of spending outside LA (up to 30% total) 5% of visual
https://lao.ca.gov/Publications/Report/4713

^[PDF] Supplemental Report Of the 2002 Budget Act 2002-03 Fiscal Year CONTAINING STATEMENTS OF INTENT ADOPTED BY THE LEGISLATURE OR REQUESTS FOR STUDIES

The DMH shall report its findings to the Joint Legislative Budget Com- mittee and the fiscal committees of both houses of the Legislature by March 1, 2003. Supplemental Report of the 2002 Budget Act Page 25 2.
https://lao.ca.gov/2002/supplemental_report/supp_rpt_2002_budget_act.pdf

Supplements E&F: California Tax Policy and the Internet

Telephone and Internet activities are routed through a com plex system of microwave transmissions, fiber optics, satellites, and cables which make the tasks associated with identifying the direct costs associated with a particular tr ansmission financially prohibitive.
https://lao.ca.gov/2000/013100_inet_tax/013100_internet_sup3.html

^[PDF] Supplemental Report of the 2006 Budget Act

On or before January 10, 2008, the State Lands Com- mission shall report to the chairs of the appropriate policy committees and the fiscal committees in both houses on its audit program, including information on the number of leases, the revenue generated from each leases, and the frequency with which each is audited given current staffing.
https://lao.ca.gov/2006/supp_report/supp_rpt_2006.pdf