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2001 Initiative Analysis: People’s Gaming Act

The sin gle Indian reservation would be selected by a majority vote of all California Indian tribes recognized by the federal Bureau of Indian Affairs. After 28 years, the Legislature coul d either allow these 13 sites to continue the gambling activities or extend Las Vegas- and Atlantic City-type gambling to all cities, counties, and Indian reservations in Californi a or eliminate the authority to conduct this type of gambling in California.
https://lao.ca.gov/ballot/2001/011057_INT.htm

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 2024-25 Budget: Preliminary May Revision Analysis for CalWORKs

May 29, 2024 - We are working with county representatives to learn more about how counties might allocate limited sin gle allocation resources if the proposed reductions are implemented. Full Safety Net Reserve Withdrawal May Be Inconsistent With Legislative Intent.
https://lao.ca.gov/Publications/Report/4911

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

[PDF] Why Aren't Revenue Estimates More Accurate?

8,154 (3.9%) Censurer price inflation (~0 6.9% 5.6% 7.6% 5.9% 6.1% 6.3% Hwsing permits (sir>gle & 175 (52.2%) 175 (52.2%) 175 (29.6%) 190 (43.9%) 215 (62.9%) 222 (68.5%) nultiple units, thousands) Automobile sales (thousands NA 915 (18.1%) 935 (13.3%) 950 (17.6?
https://lao.ca.gov/reports/1984/why_arent_%20revenue_estimates_more_accurate.pdf

[PDF] Why Aren't Revenue Esitmates More Accurate?

8,154 (3.9%) Consurer price inflation (~O 6.9% 5.6% 7.6% 5.9% 6.1% 6.3% Hoosing permits (sir>gle & 175 (52.2%) 175 (52.2%) 175 (29.6%) 190 (43.9%) 215 (62.9%) 222 (68.5%) nultiple units, thousands) Automobile sales (thousands NA 915 (18.1%) 935 (13.3%) 950 (17.6?
https://lao.ca.gov/reports/1984/13_why_are_nt_%20revenue_estimates_more_accurate.pdf

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