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] Evaluating the Governor's Education Bond Proposal

The ten-year plan does not appear to refl ect underlying demo- graphic shifts occurring in the state. Proposal Lacks Details on New Areas of Investment. To date, the administration has not been able to provide sup- porting documentation to justify the need for the proposed level of investment in career technical education, charter schools, and telemedicine.
https://lao.ca.gov/handouts/education/2006/Education_Bond_060079.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

^[PDF] Assessing California's Vison for Higher Education: The Master Plan at 50

While the document purported to replace the 1960 Master Plan for Higher Education, several com- mittee members declined to sign it and most of its recommendations remain unaddressed. L E G I S L A T I V E A N A L Y S T ’ S O F F I C E A N L A O R E P O R T 7 participation.
https://lao.ca.gov/2009/edu/master_plan_intro/master_plan_intro_111209.pdf

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

^[PDF] California's Fiscal Outlook: LAO Projections 2007-08 Through 2012-13

This mirrors the demo‑ graphic changes that the K‑12 population is currently experiencing.) In order to account for the diverse populations in California’s higher education systems, we separately projected growth rates for vari‑ ous racial, gender, and age subgroups.
https://lao.ca.gov/2007/fiscal_outlook/fiscal_outlook_07.pdf

^[PDF] CalWORKs Program Overview Hearing

CalWORKs Program Overview Hearing Moving Toward Self-Sufficiency: Allowable Activities LAO 60 YEARS OF SERVICE L E G I S L A T I V E A N A L Y S T ’ S O F F I C E March 9, 2005 3 " One-Parent Family: A family is eligible for the one-parent com- ponent of the program if it includes a child who is financially needy due to the death, incapacity, or continued absence of one or both
https://lao.ca.gov/handouts/socservices/2005/CalWORKs_program_030905.pdf