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] Overview of California’s Master Plan for Higher Education

Instead, they are reports com- missioned by the Legislature and in some cases endorsed by individual legislators. • Many significant principles expressed by the Master Plan have been adopted in statute.
https://lao.ca.gov/handouts/education/2005/Master_Plan_Overview_022205.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

LAO 2004 Budget Analysis: Intersegmental: Higher Education Admissions and Enrollment

In other words, the current-year enrollment levels are lower than called for in the 2003-04 Budget Act as a result of specific choices by the segments —not because of demographic changes or lack of enrollment funding.
https://lao.ca.gov/analysis_2004/education/highered_04_enrollment_anl04.htm

^[PDF] Reforming Davis-Dolwig: Funding Recreation in the State Water Project

The Governor has proposed a loan of $29 million to the General Fund from the Harbors and Watercraft Revolving Fund in the current year that was to be repaid by 2012‑13. A commitment of $7.5 million annually from the fund to pay Davis‑Dolwig costs would accelerate the date when this loan would have to be repaid from the General Fund.
https://lao.ca.gov/2009/rsrc/Reforming_Davis-Dolwig/Davis-Dolwig_030909.pdf

Revised Seismic Safety Commission funding proposal

May 23, 2012 - Beginning in 2001-02, the commission was funded through a charge on the gross receipts of insurers of com mercial and residential properties. This charge is set to expire on July 1, 2012. In January, the Governor ’s budget proposed deleting the sunset provision in existing law to make the charge on insurers permanent.
https://lao.ca.gov/Recommendations/Details/576

^[PDF] State Constitutional Officers

Instead, future increases in salaries would not become effective until en- acted in statute by the Legislature and approved by the voters in the next regular elec- Hon. Bill Lockyer 2 February 14, 2001 tion.
https://lao.ca.gov/ballot/2001/010016_INT.pdf

^[PDF] Voters FIRST Act for Congress 2021

The com- mission also is to consider the geographic integrity of cities, counties, neighborhoods, and communities of interest. As under Proposition 11, compliance with the federal Vot- ing Rights Act would be required.
https://lao.ca.gov/ballot/2010/100102.pdf

^[PDF] Citizens Fair Districts Act

Citizens Fair Districts Act Preprinted Logo will go here December 20, 2007 Hon. Edmund G. Brown Jr. Attorney General 1300 I Street, 17th Floor Sacramento, California 95814 Attention: Ms. Krystal Paris Initiative Coordinator Dear Attorney General Brown: Pursuant to Elections Code Section 9005, we have reviewed the proposed constitu- tional measure related to redistricting (A.G.
https://lao.ca.gov/ballot/2007/070854.pdf