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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: Judicial Branch

Feb 11, 2026 - In combination, as shown in Figure  3 , it makes it likely that at least $21  billion could be needed to complete the list of 80 projects. These costs will likely continue to increase over time due to inflation and various other factors.
https://lao.ca.gov/Publications/Report/5113

[PDF] An LAO Higher Education “Compacts”: An Assessment

First, because the base level of student Figure 2 General Fund Appropriations Adjusted for Caseloada UC, CSU, and Selected Programs Percent of 1979-80 Funding Level Adjusted for Inflation 1979-80 Through 1994-95 b Supplemental Security Income/State Supplementary Program. a Caseload in FTES for UC and CSU, inmates and parolees for CDC, and aid recipients for SSI/SSP. 20
https://lao.ca.gov/1999/082699_compacts/082699_compacts.pdf

California Community Colleges Federal Funds: Student Financial Aid [EdBudget]

Jan 29, 2026 - California Community Colleges Federal Funds: Student Financial Aid [EdBudget] $465 23% Notes: For community colleges, the bulk of federal funding (more than 80 percent in 2023-24) is for student financial aid.
https://lao.ca.gov/Education/EdBudget/Details/1042

Disabled Veteran Business Enterprise Program Review [Publication Details]

Dec 2, 2025 - Disabled Veteran Business Enterprise Program Review [Publication Details] Description: As required by Chapter 80 of 2020 (SB 588, Archuleta), this brief reviews California’s Disabled Veteran Business Enterprise (DVBE) program.
https://lao.ca.gov/Publications/Detail/5095

[PDF] Economic and Budget Developments

The Gov- ernor also deleted $26 million from the com- munity colleges earmarked for program im- provement, and set aside the funds for other purposes, consistent with Proposition 98 fund- ing requirements.
https://lao.ca.gov/reports/1996/update_california_7-1996.pdf

[PDF] THE ECONOMIC AND FISCAL IMPACTS OF CALIFORNIA'S AIRCRAFT GROUND TIME EXEMPTION

A change in this formula to reflect Proposition 13 would reduce state subvention costs by over 50 percent, or about $2 billion in 1979-80. -2- 6. If the exemption is extended beyond 1979-80, we recommend that counties be required to collect data on the actual revenue losses attributable to this exemption.
https://lao.ca.gov/reports/1979/02_fiscal_impacts_of_californias_aircraft_ground_time_exemption.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

[PDF] Honor in Office Act (Amendment #1-S)

Under the measure, a legislator also must certify in writing that he or she has not com- mitted acts that violate the laws concerning improper influence of legislators when con- sidering the bill in question.
https://lao.ca.gov/ballot/2009/090342.pdf