LAO Publications

Report Summary of Recommended Legislative Changes Contained in the Analysis of the 1986-87 Budget Bill Format: February 1, 1986 - This report summarizes the recommendations for new legislation contained in the Analysis of the 1986-87 Budget Bill and The 1986-87 Budget: Perspectives and Issues.
https://lao.ca.gov/Publications?page=314&year=0&productid=0&categoryid=0

^[PDF] Working drawings are to begin no later than 12/86 and to be

Working drawings are to begin no later than 12/86 and to be completed no later than 4/87. Construction is to commence no later than 6/87 and be completed no later than 11/87. 5. Correctional Training Facility, North--Replace Cell Doors and Locks. $52,000 is provided for preliminary planning ($42,000) and for a value engineering analysis ($10,000)
https://lao.ca.gov/reports/1986/0686_supplemental_report_of_the_1986_budget_act_1986-87_fiscal_year.pdf

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - The other $87  million was for the construction phase of a previously approved student housing project. This EdBudget table lists all of the Proposition 2 projects funded in 2025-26. Districts Have Submitted Many New Project Proposals for 2026-27.
https://lao.ca.gov/Publications/Report/5159

^[PDF] An Evaluation of the Institute of Computer Technology

The bill also requires the ICT to report to the Legislature on its 1986-87 funding needs by December 31, 1985. In addition, the bill requires the Legislative Analyst to provide an evaluation of the ICT in the Analysis of the 1986-87 Budget Bill.
https://lao.ca.gov/reports/1985/527_0985_an_evaluation_of_the_institute_of_computer_technology.pdf

LAO Publications

Format: The 1986-87 Budget: Perspectives and Issues February 1, 1986 - (235 pages, 10.5 MB) Reflecting both the continuing expansion of the California economy as well as the need to provide for less-certain times, the Governor's Budget for 1986-87 pro vides for expansions in state services and employees to provide those services, and restores the state's "rainy day" fund.
https://lao.ca.gov/publications?page=228&year=0&publicationType=0

LAO Publications

Format: The 1986-87 Budget: Perspectives and Issues February 1, 1986 - (235 pages, 10.5 MB) Reflecting both the continuing expansion of the California economy as well as the need to provide for less-certain times, the Governor's Budget for 1986-87 pro vides for expansions in state services and employees to provide those services, and restores the state's "rainy day" fund.
https://lao.ca.gov/Publications?page=228&year=0&publicationType=0

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] Proposition 98 May Revision Overview

Concerns With Governor’s Rebenchings Inconsistency in Rebenching Adjustments Rebenching Method Used: 2011-12 Budget Act January May Shift: ERAF and triple fl ip 1986-87 1986-87 1986-87 Ongoing redevelopment-related revenues Current-year 1986-87 1986-87 One-time redevelopment-related revenues Not applicable Not
https://lao.ca.gov/handouts/education/2012/Proposition_98_May_Revision_Overview_052112.pdf

^[PDF] A Perspective on Bond Financing

As an Page 9 Trends in Outstanding State-Issued California Bonds 1980-81 through 1986-87 (dollars in billions)a Total state bonds 80-81 81-82 82-83 83-84 84-85 85-86 86-87 • Source: California State Treasurer and California DebtAdvisory Commission.
https://lao.ca.gov/reports/1987/364_1287_a_perspective_on_bond_financing.pdf