The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - Governor’s Policy Choices Affecting UIS Population UIS ‑Related Proposals Come Amid a Challenging Fiscal Backdrop, but Some Fiscal Effects Rem ain Unclear. The proposals to extend the H.R. 1 requirements to adults with UIS and to transition newly UIS groups to restricted ‑scope coverage are policy choices.
https://lao.ca.gov/Publications/Report/5146

^[PDF] The 2012-13 Budget: Overview of the Governor's Budget

The Facebook Effect. Facebook Inc., a privately held company headquartered in Palo Alto, may proceed with an initial public offering (IPO) of its stock in 2012. Facebook reportedly is considering 2012-13 BUDGET 16 Legislative Analyst’s Office www.lao.ca.gov issuing $10 billion of stock in an IPO that would value the company at over $100 billion.
https://lao.ca.gov/reports/2012/bud/budget_overview/budget-overview-011112.pdf

COVID-19: Unemployment Insurance for Workers Impacted by COVID-19

Mar 23, 2020 - In August, President Trump authorized the distribution of disaster relief funding to states to provide extra UI benefits. In December, the Coronavirus Response and Relief Supplemental Appropriations Act re-instituted some enhanced UI benefits covering January 1, 2021 through March  14, 2021.
https://lao.ca.gov/Publications/Report/4208

The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan

Feb 10, 2021 - As of February 2021, the state has received $18. 5  b illion in federal UI loans to cover state UI benefit costs. (This state debt is only related to paying regular state UI benefits. The state does not need to borrow to pay for the temporary benefit increases and extensions that the federal government enacted during the pandemic because these benefits are 100  p ercent federally funded.)
https://lao.ca.gov/Publications/Report/4360

Repaying the State’s Federal Unemployment Insurance Loan

May 26, 2021 - Repaying the State’s Federal Unemployment Insurance Loan May 26, 2021 Repaying the State ’s Federal Unemployment Insurance Loan The Governor ’s 2021 ‑22 May Revision budget proposes $36  million General Fund to pay the first, partial payment on the state ’s outstanding federal Unemployment Insurance (UI) loan and proposes to direct $1.1  billion in federal American Rescue Plan (ARP) Act funds to pay down a portion of the outstanding loan.
https://lao.ca.gov/Publications/Report/4442

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - The Governor proposes to pay down $8.4  billion of this amount, with districts receiving the associated cash in 2021 ‑22. Slightly more than $4  billion would remain deferred from 2021 ‑22 to 2022 ‑23.
https://lao.ca.gov/Publications/Report/4309

Fixing Unemployment Insurance

Dec 2, 2024 - As Figure  2 shows, the outstanding loan balance has remained essentially the same since late 2021. Under the federal loan repayment rules, employers now face escalating federal UI taxes that will be directed toward repaying the loan principal.
https://lao.ca.gov/Publications/Report/4943

The 2025-26 Budget: EDDNext

Feb 25, 2025 - The 2021-22 Budget Act provided EDD with funds to restart the proposed BSM IT project, and the 2022-23 Budget Act funded the first year of projects in the new EDDNext portfolio. EDDNext Is a Combination of IT and Non-IT Projects.
https://lao.ca.gov/Publications/Report/4985

^[PDF] The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan

As of February 2021, the state has received $18.5 billion in federal UI loans to cover state UI benefit costs. (This state debt is only related to paying regular state UI benefits. The 2021-22 Budget: Interest Payment on Federal Unemployment Insurance Loan FEBRUARY 2021 gutter analysis full 22 0
https://lao.ca.gov/reports/2021/4360/Interest-Payment-Federal-UI-Loan-021021.pdf

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852