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] For example, state law specifies that instructional materials

For example, state law specifies that instructional materials must portray the contributions of both men and women in professional, vocational, and execu- tive roles; Native Americans, African Americans, Mexican Americans, Asian Americans, and Eu- ropean Americans; and entrepreneurs and labor.
https://lao.ca.gov/2007/instruct_material/instruct_material_052407.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

^[PDF] The 1986-87 Budget: Perspectives and Issues

It is important to understand the findings from this research project because it has become the model in California for the delivery of com- munity-based services to individuals who are most at-risk of institutionali- zation.
https://lao.ca.gov/analysis/1986/pandi_86_part3.pdf

^[PDF] ALTERNATIVE PUBLIC TRANSPORTATION FUNDING FOR LOS ANGELES COUNTY

., (]J 0 EU ...., .~ s:: OE .~ .~ "'''' s- s- 00 0.. ....,,,, (]J ~ (]J ..0 ~.~ C> 0'> s:: ~ (]J '" ..c: ....,~ ...., ~ ...., '" 4-", 0 ..0 0'" U .~ U "'0.. '" Revenue Source .~ '" ...., s:: (]J s- :;, U'~ U X(]J "'E 0 :>;: 0:: Vl ~ 0:: 0- Vl WJ Cl <:( WJ:>;: WJ ~ ~ Sales Tax $169 +1/2% + + 0 + Yes Yes Minor Persona 1 Income Tax $ 13 1% + + + 0 0 0 Yes No Moderate '" Sur- Payroll
https://lao.ca.gov/reports/1979/01_alternitive_public_transportation_funding_for_los_angeles_county.pdf

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

^[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

^[PDF] HMOs and Rural California

In preparing this report, we obtained infor- mation from a variety of sources: ➢ We conducted interviews with repre- sentatives of a diverse set of key players in the rural health care com- munity, including beneficiaries, health operated health care systems, the California Medical Association, health policy researchers, state health care programs such as the Medi-Cal Program and
https://lao.ca.gov/2002/hmos_rural_ca/8-02_hmos_rural_ca.pdf