The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - With the existing loan from the High Polluter Removal or Repair Account, the BPPE Fund can fully cover its expenditures and remain solvent in 2025-26. In addition, the High Polluter Repair or Removal Account does not need to be repaid in the current year.
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Program staff must weigh these possibly competing factors, and the high recapture rate cou ld indicate a relative favoring of high-risk, high-rewards projects. In years where the program is fully subscribed, there is an opportunity cost associated with an agreement that is not fulfilled.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - For example, elementary education did not become compulsory until 1874, and the state did not begin funding high schools until 1904. Early  SPIs had negligible budgets and only a  few  staff. Governance Structure Changed Several Times During the State ’s Early History.
https://lao.ca.gov/Publications/Report/5165

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - Given the high stakes for fish and water users, the Legislature can play a critical role in monitoring plan implementation. Because the VAs are designed to adapt as new information becomes available —and the board retains authority to terminate the VAs for some or all water users if they are not working as intended —performance will require ongoing evaluation.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - Recent Caseload Growth Has Matched Historic Highs. As seen in Figure  3 , IHSS caseload has grown significantly since 2013. Despite slower caseload growth between 2016 ‑17 and 2020 ‑21 (the caseload continued to grow during this period, just at a slower than usual rate).
https://lao.ca.gov/Publications/Report/5166

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - On the other hand, allocating less funding now would leave more available for high-priority projects (including life safety projects) that could emerge over the next year or two. Scoring System Used to Select Projects Has Some Positive Aspects.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - There is significant variability in the average annual growth rate by individual service (many individual services are captured in “Other ” in the figure), ranging from a low of 3  percent (employment services) to a high of 52  percent (social recreation).
https://lao.ca.gov/Publications/Report/5157

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - Although, as we understand it, many of the changes are unlikely to require law changes and may be more administrative in nature, the Legislature should have a high-level understanding of how those changes may impact programs.
https://lao.ca.gov/Publications/Report/5156

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/article/Detail/852