LAO 2003-04 Budget Analysis: Education, Proposition 98 Budget-Year Priorities

In AB 8x (2003-04 First Extraordinary Session), the Legislature approved two other deferrals from 2002-03 to 2003-04 —$1.1  billion of school districts' June apportionments and $122  million of state-reimbursable mandate costs.
https://lao.ca.gov/analysis_2003/education/ed_3_cc_prop98_anl03.htm

^[PDF] CalWORKs Stage 3 Child Care

LAO 60 YEARS OF SERVICE 3L E G I S L A T I V E A N A L Y S T ’ S O F F I C E February 11, 2003 2002-03 Budget—As Revised by the Legislature in AB 8x (In Millions) Current-Year Costs The 2002-03 budget, as revised by the Legislature in AB 8x (Oropeza), includes a total of $348.5 million—$132.2 million in Proposition 98 funds and $216.3 million in federal funds— to fully fund Stage 3.
https://lao.ca.gov/handouts/Education/2003/CalWORKs.pdf

LAO 2003-04 Budget Analysis: Education, 2002-03 Mid-Year Revisions: Proposition 98

Assembly Bill 8x did not make the $99.3  million reduction recommended by the Governor but did defer $214.1  million in program costs from 2002-03 to 2003-04. By deferring this payment, the Legislature reduced Proposition  98 spending for K-12 education in the current year and delayed reimbursing districts for the state share of program costs by a few weeks.
https://lao.ca.gov/analysis_2003/education/ed_2_cc_midyr_prop98_anl03.htm

^[PDF] Bonds and the 1990 Ballots

AB67 Waters AB 145 Costa AB 236 Clute AB256 Bader AB 348 Sher AB 461 Hayden AB 524 Murray AB655 Jones AB824 Bader AB 973 Costa AB 1312 Filante AB 1375 Costa AB 1416 Killea AB 1572 Waters AB 1598 Peace AB 1755 Friedman AB 1771 Roos AB1811 Sher AB 1882 Bronzan AB 2050 Areias AB 2180 Brown AB 2527 O'Connell SB 78 Watson SB 147 Hart SB 173 Greene SB 484 Seymour SB 842 Presley SB 1053 Alquist SB 1094
https://lao.ca.gov/1990/reports/362_0290_bonds_and_the_1990_ballot.pdf

APPENDIX C

Measures to Minimize Power Plant Outages AB  8x (Migden, Diaz, and Oropeza) Requires coordinated schedule of transmission and generation outages. AB  16x (Oropeza, Diaz) Requires maintenance during off-peak energy use periods.
https://lao.ca.gov/2001/electricity/appendix_c.htm

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

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