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 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - The Governor ’s budget proposes to extend the encumbrance deadline for the program to June 30, 2030 and increase the maximum grant size to $6,000 per teacher. In addition, the Governor proposes to reduce the match requirement for districts to one-third of grant funding ($2,000 per grantee, compared with $2,500 per grantee under current law).
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - The final phase of the implementation plan involves decommissioning the legacy 911 system with a target date of 2030. Governor’s Proposal Provides Baseline Funding to The Next Generation 911 Project.
https://lao.ca.gov/Publications/Report/5145

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - California has established statutory goals for reducing statewide GHG emissions —down to at least 40  percent below the 1990 level by 2030, and to at least 85  percent below the 1990 level by  2045. Federal Air Quality Standards.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - Although the proposed funding has no budget ‑year impact since it will be funded by the fines in the special deposit fund —we expect the funds to be depleted by 2030 ‑31, which would then require ongoing General Fund.
https://lao.ca.gov/Publications/Report/5137

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - By 2030 ‑31, when all current grantees would have exhausted their one ‑time funding, assuming community school grant rates receive COLA, we estimate ongoing costs for funding all eligible schools would be a few hundred million dollars higher than the funding provided under the proposal.
https://lao.ca.gov/Publications/Report/5131

The 2026-27 Budget: Food Assistance Programs

Feb 18, 2026 - (These exemptions were already scheduled to sunset in 2030.) Tightening rules for waivers based on economic conditions, ending California ’s statewide waiver. (The state is seeking waivers under the tighter rules on a county-by-county basis and has obtained waivers for several counties.)
https://lao.ca.gov/Publications/Report/5126

The 2026-2027 Budget: California Cannabis Control Appeals Panel Permanent Funding Request

Feb 11, 2026 - The Governor ’s budget proposes $3.5  million ($3.4  million CCF and $57,000 in reimbursement authority) in 2026-27, increasing annually to $3.6  million ($3.5  million CCF and $65,000 reimbursement authority) in 2030-31 and ongoing.
https://lao.ca.gov/Publications/Report/5119

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - The budget proposes $66.5  million General Fund in 2026 ‑27 and increasing amounts in subsequent years, growing to $74.2  million ongoing in 2030 ‑31, for CalFire to cover the increased costs of its air tanker and command center aircraft mechanic and pilot contracts.
https://lao.ca.gov/Publications/Report/5116