The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - That being said, the recent examples of Control Section 4.05, Control Section 4.12, and the current BCG-focused effort have demonstrated that predicting the level of savings from such activities is difficult.
https://lao.ca.gov/Publications/Report/5156

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

The 2026-27 Budget: University of California

Feb 26, 2026 - In 2013 ‑14, the state initiated a new policy intended to provide UC with greater ability to manage its facilities, more predictability in facility financing, and more incentive to contain costs. Specifically, the state gave UC authority to sell its own university bonds for state ‑approved academic capital projects and use its main General Fund appropriation to cover the associated debt service.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Assessment Administration’s Revenue Estimates Appear Reasonable, but GGRF Revenues Remain Difficult to Predict. Based on currently available information, DOF’s 2026‑27 GGRF revenue forecast appears reasonable.However, GGRF revenues are inherently somewhat unpredictable.
https://lao.ca.gov/Publications/Report/5114

The 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - The compacts were intended to provide the segments with more predictable funding levels, while also promoting certain performance goals, such as enrolling more resident undergraduates and improvi ng graduation rates.
https://lao.ca.gov/Publications/Report/5112

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - The state, however, cannot predict the timing of such a decline. The potential forecasting errors are larger in 2026 ‑27 than in 2025 ‑26 because the 2026 ‑27 estimates must make assumptions further into the future, and the state does not yet have any tax collection data for the year.
https://lao.ca.gov/Publications/Report/5110

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Additionally, some counties note that child welfare staff and/or staff of partner organizations already use MI or similar models and have achieved positive results, making MI the most straight forward to implement of the state ’s ten selected options.
https://lao.ca.gov/Publications/Report/5106

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - AI refers broadly to technologies that allow computer systems to perform tasks that typically require human intelligence, such as generating content, identifying patterns, or making predictions from data.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

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

Jan 20, 2026 - AI refers broadly to technologies that enable computer systems to perform tasks that typically require human intelligence, such as generating content, identifying patterns, or mak ing predictions from data.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033