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The 2016-17 Budget: Department of General Services

Feb 22, 2016 - Governor ’s Proposal Shift GCP to DGS. The Governor ’s budget proposes to shift the GCP from VCGCB to DGS. As part of this shift, the budget transfers nine positions and $1.2  million in funding authority to DGS.
https://lao.ca.gov/Publications/Report/3362

[PDF] California's Parimutuel Horse Racing Tax

PILED FOR 1983 BY THE NATIONAL As soc 1 1\ T I oN oF STATE RAe r ~JG CoM"1 Iss I oNERS , THESE DATA INDIC.liTE THAT CALIFORNIA IS P.. PELATIVELY HIGH TAX STATE ltMEN IT COf-1ES TO Pf'.PIMUTUEL WAGERING TAXATION , FOR E> https://lao.ca.gov/reports/1984/californias_paramutual_horse_racing_tax.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 1989-90 Budget: Perspectives and Issues

This amount, however, includes4tcreases in costs due to increasil:1g the Illinimum \Vage from $3.35 to$4.~5 on July 1, 1988. While the budget-year requirement is riot yet known, it is likely tribe less,than the cu:rrent-year~ost.The 1989~90costsfor abortions would be similar to' the current-year cost of $15 million. 44 Cost 01 External Borrpwing.
https://lao.ca.gov/analysis/1989/pandi_89_part2.pdf

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 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 of the Major Issues Regarding the Use of Tax-Exempt Bonds in California

The bas ic araument in f avor of com etitive underwritin naturally is trat the forces of open market competition will tend to 1 minimize the profit spreads whi ch underwriters wi ll accept and (2) induce underwri ters to seek out the "best" (tha t is, 1ov.'
https://lao.ca.gov/reports/1983/overview_of_major_issues_regarding_the_use_of_tax-exempt_bonds_in_california.pdf

[PDF] CalWORKs Program Overview Hearing

CalWORKs Program Overview Hearing Moving Toward Self-Sufficiency: Allowable Activities LAO 60 YEARS OF SERVICE L E G I S L A T I V E A N A L Y S T ’ S O F F I C E March 9, 2005 3 " One-Parent Family: A family is eligible for the one-parent com- ponent of the program if it includes a child who is financially needy due to the death, incapacity, or continued absence of one or both
https://lao.ca.gov/handouts/socservices/2005/CalWORKs_program_030905.pdf