The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - As part of the 2021‑22 budget package, the Legislature and Governor agreed to add 206,800 non‑CalWORKs child care slots over a multiyear period. To date, the state has funded 129,800 additional slots—a 113.8 percent increase in non‑CalWORKs slots compared to 2020‑21 levels.
https://lao.ca.gov/Publications/Report/5168

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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - In addition, the Receiver ’s plan would also increase the pool of people that can provide services to the mental health population by expanding clinical internship slots across the prisons. Not only will interns perform work while part of the program, but it is also possible that they will become employed permanently by CDCR.
https://lao.ca.gov/Publications/Report/5134

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

Child Care Subsidized Slots [EdBudget]

Dec 3, 2025 - Child Care Subsidized Slots [EdBudget] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only. The LAO is unable to guarantee the accuracy of this translation and is therefore not liable for any inaccurate information resulting from the translation application tool.
https://lao.ca.gov/Education/EdBudget/Details/1020

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091

Insurance regulation. [Ballot]

Nov 10, 2025 - Increases Contents Coverage Payouts in the Event of Total Loss. If a homeowner experiences a “total loss, ” like their home burning down, an insurer must pay for the full amount for covered personal belongings without requiring a detailed list of the belongings.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-020

The 2025-26 California Spending Plan: Judiciary and Criminal Justice

Oct 24, 2025 - According to the administration, these deficits are primarily due to spending on lump sum retirement payouts, workers ’ compensation, security staff overtime, and contract specialty medical services. $11.8  million increase due to modifications to the funding formula for the Community Corrections Performance Incentives Fund grant —commonly known as the SB  678 grant program
https://lao.ca.gov/Publications/Report/5085

MOU Fiscal Analysis: Bargaining Unit 8 (Firefighters)

Aug 19, 2025 - CAAP identified some specific behavioral changes that can occur when a DROP is offered that can affect the cost of the benefit including (1)  members might postpone retirement longer due to the financial advantages of DROP, (2)  the member might make the decision to enter DROP and the decision of their final retirement date to coincide with personal financial goals or market conditions, and (3)
https://lao.ca.gov/Publications/Report/5066