The 2016-17 Budget: Department of General Services

Feb 22, 2016 - These water savings represent about 30  percent of annual Capital Park water usage based on the current amount of water used by the Central Plant. LAO Assessment Project Does Not Appear to Be Cost-Effective.
https://lao.ca.gov/Publications/Report/3362

May Revision: Proposition 30 Estimates, Accrual Uncertainties [EconTax Blog]

May 17, 2015 - Proposition 30 Revenues Fade Over Several Fiscal Years, Not All At Once. The state budgets on a fiscal-year basis (July 1 through June 30). The structure of Proposition 30 is such that its temporary  revenues do not go away all at once in a single fiscal year.
https://lao.ca.gov/LAOEconTax/Article/Detail/106

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

Mar 9, 2026 - The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent). Perhaps more concerning, income tax revenues stayed depressed for years following major downturns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent). Perhaps more concerning, income tax revenues stayed depressed for years following major downturns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

Personal Income Tax Much More Volatile Than Economy [EconTax Blog]

Dec 8, 2014 - The state government's largest revenue source, the personal income tax, is much more volatile than "personal income," one key economic statistic that measures the overall size of the economy.
https://lao.ca.gov/LAOEconTax/Article/Detail/8

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - Throughout the mid-to-late 1990s, the stock market boomed over optimism around the Internet and dot-com start-ups. Strong tax revenue trends from this boom generated large budget surpluses that ultimately gave way to serious deficits once the bubble burst and PIT revenues declined nearly 30  percent.
https://lao.ca.gov/Publications/Report/5104

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - Children ’s Crisis Continuum Pilot $60 million one ‑time in 2021 ‑22, most of which is available through June 30, 2026. Of the total amount, $4 million is available through June 30, 2027 to allow time to prepare a final report for the Legislature by April 1, 2027.
https://lao.ca.gov/publications/report/5147

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - The current deadline for CTC to commit these funds is June 30, 2026. Any uncommitted funds would revert to the state. Governor ’s Proposal Governor ’s Budget Extends Encumbrance Deadline, Increases Grant Size, and Reduces Match Requirement.
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - The Governor ’s proposal to provide 70   percent of total AHSC funds for affordable housing (and 30   percent for the transportation aspect) is based on the historical split. This split, in turn, is based on SGC ’s practice of awarding up to $35   million per project (70   percent) for affordable housing and up to $15   million (30   percent) for transportation.
https://lao.ca.gov/Publications/Report/5154

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - Historically, counties paid 35  percent of the nonfederal share of IHSS service costs and 30  percent of the nonfederal share of IHSS administrative costs. In the early 2010s, this share of cost model was replaced with an IHSS MOE.
https://lao.ca.gov/Publications/Report/5166