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] Voters FIRST Act for Congress 2021

The measure states that the commission will approve congressional redis- tricting maps every ten years beginning in 2021 (following the 2020 census). The com- mission would draw congressional districts essentially as it draws other district lines under Proposition 11.
https://lao.ca.gov/ballot/2010/100102.pdf

Home Price Update: October 2021 [EconTax Blog]

Nov 18, 2021 - Home Price Update: October 2021 [EconTax Blog] Home Price Update: October 2021 November 18, 2021 Brian Uhler Home prices are important to the California economy for a number of reasons. In the short and medium terms, home price increases often drive construction activity, which in turn spurs employment growth in a wide range of sectors.
https://lao.ca.gov/LAOEconTax/Article/Detail/714

Home Prices Update: September 2021 [EconTax Blog]

Oct 20, 2021 - Home Prices Update: September 2021 [EconTax Blog] Home Prices Update: September 2021 October 20, 2021 Brian Uhler Home prices are important to the California economy for a number of reasons. In the short and medium terms, home price increases often drive construction activity, which in turn spurs employment growth in a wide range of sectors.
https://lao.ca.gov/LAOEconTax/Article/Detail/706

^[PDF] Proposition 7--The Solar and Clean Energy Act of 2008

Provides conditions under which CPUC or the Energy Com- mission may waive RPS-related penalties. Proposition 7’s Provisions (Continued) 6L E G I S L A T I V E A N A L Y S T ’ S O F F I C E September 10, 2008 Directs the Use of RPS Penalty Revenues.
https://lao.ca.gov/handouts/resources/2008/Proposition%207_91008.pdf

The 2021-22 Budget: Overview of the Governor's Budget

Jan 10, 2021 - However, the 2020 ‑21 budget allocated more than $7  billion in state and federal funds to address COVID-19-related costs and mitigate learning loss. Recent federal legislation —approved shortly before the release of the Governor ’s budget —is likely to provide a similar amount of one-time funding in 2021 ‑22.
https://lao.ca.gov/Publications/Report/4309

Building Reserves to Prepare for a Recession

Mar 7, 2018 - By most measures, the recession of the early 1990s was more severe than the dot ‑com bust in the early 2000s. For example, unemployment in California reached 9. 7  p ercent in mid ‑ to late ‑1992, but peaked at 6. 9  p ercent after the dot ‑com bust.
https://lao.ca.gov/Publications/Report/3769

^[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