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The 2016-17 Budget: Department of General Services

Feb 22, 2016 - Governor ’s Proposal Shift GCP to DGS. The Governor ’s budget proposes to shift the GCP from VCGCB to DGS. As part of this shift, the budget transfers nine positions and $1.2  million in funding authority to DGS.
https://lao.ca.gov/Publications/Report/3362

[PDF] 1969 Budget Analysis: Local Assistance

F1£1l Funding f01' the Highest Priorities. The Education Code states that the highest priority for the allocation of funds is to continue the existing programs. Second in this priority system is the funding of new program applications in equalization aid districts.
https://lao.ca.gov/analysis/1969/21_local%20_assistance_1969.pdf

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] Why Aren't Revenue Esitmates More Accurate?

Data prior to 1975 not strictly cOl1J3rable, due to statutory chan£es goveming depreciation. o j--. r I' f1 r- r-" ("I '1 ''""'. (7"-. Tahle B-4 History of DeflilrtJrent of Finance Ecanonic Forecasts for 1976a First Budr.et Fi rst 113y Secor.d Budget &>ccnd r/ay Th it'd Budget Estirrate Pevision Estim'lte Revision Estirrate Actual b Economic Variable (Janua~ 1975) (r'l'l,Y 1975) (Janu0!
https://lao.ca.gov/reports/1984/13_why_are_nt_%20revenue_estimates_more_accurate.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 - 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

[PDF] Overview on Poverty

Despite its fl aws, the poverty thresholds allow researchers and policy makers to examine trends over time using a consistent measure.  Substantial Changes Set for 2011. In September 2011, the Census Bureau will publish two sets of poverty data.
https://lao.ca.gov/handouts/socservices/2011/Poverty_Overview_05_10_11.pdf

2005 Initiative Analysis:Voters' Right to Protect Marriage.

For the receipt of federal benefits or for federal tax purposes, current federal l aw only recognizes marriage between a man and a woman. State Laws. The State Constitution currently does not define marriage.
https://lao.ca.gov/ballot/2005/050563.htm