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

Overview of California's Ports

Aug 23, 2022 - For example, in 2007, CARB adopted an “At-Berth Regulation ” that requires ships to control pollution while docked. As another example, in 2018, CARB adopted regulations which require all drayage trucks to be registered with CARB and meet specific emission standards.
https://lao.ca.gov/Publications/Report/4618

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 2024-25 Budget: Salton Sea Management Program

Feb 26, 2024 - As the Sea shrinks, former lakeside houses and boat docks become stranded far from the water, further depressing their desirability, recreational utility, and resale value. Water Board Stipulated Order Requires Implementation of 10 ‑Year Management Plan.
https://lao.ca.gov/Publications/Report/4859

What Threat Does Sea-Level Rise Pose to California?

Aug 10, 2020 - This economic activity would be disrupted by flooding of the docks, surrounding roadways, or adjacent railways through which goods are distributed. The productivity of the state’s workforce—and associated economic output—would also be affected by SLR.
https://lao.ca.gov/Publications/Report/4261

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] 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

^[PDF] Supplemental Report of the 2003 Budget Act

Improvements to the shoreline include stairs, walkways, bollards, dock ramps, retaining walls, and associated earthwork. Total estimated project cost is $2,594,000 (CCCI 4019) in- cluding preliminary plans ($128,000) and construction ($2,297,000).
https://lao.ca.gov/2003/supp_report/supp_rpt_2003_budget_act.pdf