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 - Throughout the mid-to-late 1990s, the stock market boomed over optimism around the Internet and dot-com start-ups. Strong tax revenue trends from this boom generated large budget surpluses that ultimately gave way to serious deficits once the bubble burst and PIT revenues declined nearly 30  percent.
https://lao.ca.gov/Publications/Report/5104

^[PDF] Pet Animal Protection Act

Fiscal Effect Public animal shelters are operated by local governments, and supported by a com- bination of local general fund monies, user fees (including dog license fees), donations, and state reimbursements for certain functions.
https://lao.ca.gov/ballot/2007/070767.pdf

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - Civil penalties on covered co mpanies may be assessed as a percentage of annual gross revenue, beginning at 5 percent for initial violations and increasing to as much as 100 percent for violations that remain u ncured over specified time periods.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

^[PDF] San Diego County Regional Airport Authority: Assessing Governmental Accountability

Over time, it is possible that this advisory board may mitigate some con- cerns associated with having the airport authority serve as the ALUC. Assessing the Airport Authority’s Accountability (Continued) 8L 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 17, 2006 How Many Members Should Serve on the Governing Board?
https://lao.ca.gov/handouts/localgov/2006/SD_Airport_Authority_111706.pdf

Ownership of domestic ferrets. [Ballot]

Jul 29, 2015 - Proposal This measure makes it legal for Californians to own ferrets as pets. The measure also requires that domestic ferrets over the age of six months be vaccinated annually for rabies an d that any pet ferret sold in a retail store be spayed or neutered before sale.
https://lao.ca.gov/BallotAnalysis/Initiative/2015-034

^[PDF] Governor's Reorganization Plan to Consolidate Information Technology Functions

The OCIO could leverage the experience and expertise of OSI’s project management staff by absorbing them, as they rotate off com- pleted projects, into the newly established Project Management Office.
https://lao.ca.gov/handouts/socservices/2009/Little_hoover_letter_03_13_09.pdf

^[PDF] These agencies include the state’s nine land conservan-

These agencies include the state’s nine land conservan- cies, DOC, DPR, WCB, the Department of Fish and Game (DFG), and the Department of Water Resources (DWR). Figure 1 (see next page) shows some of the largest state-funded resources land acquisitions (in terms of purchase price) over the last five years.
https://lao.ca.gov/2007/res_appraisals/res_appraisals_101807.pdf

^[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