^[PDF] The 2020-21 Budget: California’s Fiscal Outlook

In fact, many of the nation’s post-war recessions gutter analysis full L E G I S L A T I V E A N A L Y S T ’ S O F F I C E2 were milder than more recent recessions have been . Moreover, a recession of similar economic size but with more significant stock market drops would have much larger impacts on the state budget .
https://lao.ca.gov/reports/2019/4111/fiscal-outlook-112019.pdf

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

^[PDF] The 2023-24 Budget: Medi-Cal Fiscal Outlook

The 2023-24 Budget: Medi-Cal Fiscal Outlook GABRIEL PETEK | LEGISLAT IVE ANALYST | NOVEMBER 2022 L E G I S L A T I V E A N A L Y S T ’ S O F F I C E2 2 0 2 3 - 2 4 B U D G E T OVERVIEW OF PROJECTIONS Below, we summarize our projected adjustments to the Medi-Cal budget and describe the major drivers of these changes in the current year (2022-23), budget year (2023-24), and longer term (2024-25 through 2026-27).
https://lao.ca.gov/reports/2022/4649/Medi-Cal-Fiscal-Outlook-111622.pdf

^[PDF] The 2018-19 Budget: California Hiring Tax Credits

L E G I S L A T I V E A N A L Y S T ’ S O F F I C E2 2 0 1 8 - 1 9 B U D G E T EXISTING NEW EMPLOYMENT CREDIT Credit Details State’s Economic Development Programs Overhauled in 2013. California comprehensively overhauled its economic development incentive programs in 2013 by replacing the “Enterprise Zone” programs with three new tax provisions: • Manufacturer’s Sales Tax Exemption.
https://lao.ca.gov/reports/2018/3784/hiring-credits-031518.pdf

^[PDF] The 2019-20 Budget: Considerations for the Governor’s Housing Plan

L E G I S L A T I V E A N A L Y S T ’ S O F F I C E2 2 0 1 9 - 2 0 B U D G E T Estimating California’s Housing Shortage In our March 17, 2015 report, California’s High Housing Costs: Causes and Consequences, we estimated the amount of housing that—had it been built between 1980 and 2010—would have kept California’s median housing price from growing faster than the nation’s.
https://lao.ca.gov/reports/2019/3941/considerations-gov-housing-plan-022019.pdf

^[PDF] The 2020-21 Budget: Governor’s Proposal to Transfer the Seismic Safety Commission

G A B R I E L P E T E K L E G I S L AT I V E A N A LY S T F E B R U A R Y 2 0 2 0 The 2020-21 Budget: Governor’s Proposal to Transfer the Seismic Safety Commission L E G I S L A T I V E A N A L Y S T ’ S O F F I C E2 2 0 2 0 - 2 1 B U D G E T BACKGROUND Key State Departments Involved in Seismic Safety Alfred E.
https://lao.ca.gov/reports/2020/4158/seismic-safety-commission-021220.pdf

^[PDF] The 2020-21 Budget Department of General Services

G A B R I E L P E T E K L E G I S L AT I V E A N A LY S T F E B R U A R Y 2 0 2 0 The 2020-21 Budget: Department of General Services L E G I S L A T I V E A N A L Y S T ’ S O F F I C E2 2 0 2 0 - 2 1 B U D G E T DEPARTMENT OVERVIEW The DGS provides a variety of services to state departments, such as procurement, management of state-owned and leased real estate, management of the
https://lao.ca.gov/reports/2020/4157/department-general-services-021220.pdf

^[PDF] The 2019-20 Budget: Assessing the Governor’s Primary Care Physician Residency Proposals

L E G I S L A T I V E A N A L Y S T ’ S O F F I C E2 2 0 1 9 - 2 0 B U D G E T INTRODUCTION To obtain a license to practice medicine, California law requires all medical school graduates to complete three years of postgraduate training.
https://lao.ca.gov/reports/2019/4034/primary-care-residency-050919.pdf