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

^[PDF] The Office of Spill Prevention and Response: Funding and Responsibilities

Loni Hancock, Chair The Office of Spill Prevention and Response: Funding and Responsibilities L E G I S L A T I V E A N A L Y S T ’ S O F F I C E November 15, 2007 1L e g i s L a t i v e a n a L y s t ’ s O f f i c e November 15, 2007 Statutory Creation: ; Created by Lempert-Keene-Seastrand Oil Spill Prevention „ and Response Act (Chapter 1248, Statutes of 1990 [AB 2040,
https://lao.ca.gov/handouts/resources/2007/OSPR_111907.pdf

^[PDF] The Office of Spill Prevention and Response: Funding and Responsibilities

Dean Florez, Chair The Office of Spill Prevention and Response: Funding and Responsibilities L E G I S L A T I V E A N A L Y S T ’ S O F F I C E November 30, 2007 1L e g i s L a t i v e a n a L y s t ’ s O f f i c e November 30, 2007 Statutory Creation: ; Created by Lempert-Keene-Seastrand Oil Spill Prevention „ and Response Act (Chapter 1248, Statutes of 1990 [AB 2040, Lempert],
https://lao.ca.gov/handouts/resources/2007/OSPR_113007.pdf

^[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] 100556.indd

Choosing between these approaches is decided by the Legislature and Governor in enacting the annual budget act.  Functionally, fees play essentially the same funding role for com- munity colleges as they do for the University of California and the California State University.  For all three public higher education segments, student fees contribute to overall
https://lao.ca.gov/sections/Education/Ed-basics/How-Student-Fees-Contribute-CC-Funding-0710.pdf

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

^[PDF] CalWORKs Program Overview Hearing

CalWORKs Program Overview Hearing Moving Toward Self-Sufficiency: Allowable Activities LAO 60 YEARS OF SERVICE L E G I S L A T I V E A N A L Y S T ’ S O F F I C E March 9, 2005 3 " One-Parent Family: A family is eligible for the one-parent com- ponent of the program if it includes a child who is financially needy due to the death, incapacity, or continued absence of one or both
https://lao.ca.gov/handouts/socservices/2005/CalWORKs_program_030905.pdf