^[PDF] Supplemental Report of the 2003 Budget Act

Working drawings are scheduled to begin July 2003 and be com- pleted March 2004. Construction is scheduled to begin July 2004 and be com- pleted February 2005. 12. Mount Diablo State Park, Road System Improvements.
https://lao.ca.gov/2003/supp_report/supp_rpt_2003_budget_act.pdf

^[PDF] Supplemental Report Of the 2002 Budget Act 2002-03 Fiscal Year CONTAINING STATEMENTS OF INTENT ADOPTED BY THE LEGISLATURE OR REQUESTS FOR STUDIES

The DMH shall report its findings to the Joint Legislative Budget Com- mittee and the fiscal committees of both houses of the Legislature by March 1, 2003. Supplemental Report of the 2002 Budget Act Page 25 2.
https://lao.ca.gov/2002/supplemental_report/supp_rpt_2002_budget_act.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

^[PDF] Higher Education Enrollment

This increase is partly in recognition of the enrollment that is expected to be diverted from UC and CSU to the community colleges. • When enrollment proposals for all three segments are com- bined, the Governor’s budget funds a net increase of about 28,000 FTE students.
https://lao.ca.gov/handouts/education/2004/Higher_Education_Enrollment_041404.pdf

^[PDF] 2003-04: Overview of the Governor’s Budget

The Governor has proposed a com- prehensive plan for addressing the state’s fis- cal problems. The Legislature faces a formi- dable task in carefully evaluating the plan’s in- dividual elements and the many important policy issues it raises.
https://lao.ca.gov/2003/budget_overview/03-04_budget_overview.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] California's Fiscal Outlook: LAO Projections 2002-03 Through 2007-08

We estimate that after plunging by nearly 66 percent in 2001, the in- come from gains and options will decline another 19 percent in 2002 before starting to rebound in 2003. In subsequent years, we project that the com- bination of an economic rebound and modest im- provement in stock market-related income will boost PIT receipts.
https://lao.ca.gov/2002/fiscal_outlook/fiscal_outlook_2002.pdf

^[PDF] LAO 2004 Budget Analysis: Capital Outlay Chapter

The DPR adds the following provisions to the standard con- tract language used by DGS to better define contractor/consultant com- mitments and project control mechanisms: • The DPR contracts require contractors to submit a “schedule of values,” which consists of an itemized list of work needed to com- plete the project, and a projected schedule of payments to the contactor.
https://lao.ca.gov/analysis_2004/cap_outlay/co_anl04.pdf

LAO 2004 Budget Analysis: Department of Aging

In general, this proposal would provide local governments greater ability to adjust programs to meet the needs of their com munities and experiment to determine which efforts improve program outcomes.
https://lao.ca.gov/analysis_2004/health_ss/hss_08_4170_anl04.htm