California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - California Community Colleges Capital Outlay Projects [EdBudget]     a Community college districts issue local general obligation bonds to pay for a share of project costs. b Proposition 51 (2016) bond funds. c The performance criteria phase is the initial phase of this design-build project. d Replacement buildings listed in this category involve adding space. e Center operated by Riverside
https://lao.ca.gov/Education/EdBudget/Details/1025

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

UC Federal Grants and Contracts for Medical Care, R&D, and Other Purposes [EdBudget]

Feb 21, 2026 - The amounts in this row reflect federal allowances (or reimbursements) for indirect expenditures on research facilities and administration, formally known as Facilities & Administrative (F&A) costs. g Reflects expenditures to operate and manage DOE national laboratories. h Includes grants and contracts for various other purposes, including instruction and training.
https://lao.ca.gov/Education/EdBudget/Details/1047

The 2026-27 Budget: Proposed Elimination of State Environmental Positions

Feb 17, 2026 - At the State Water Resources Control Board, positions include staff who help regulate waste discharge into waters of the state, including drinkin g water sources. Eliminating these positions consequently would come with serious trade-offs.
https://lao.ca.gov/Publications/Report/5124

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

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - Property taxes are a major revenue source for local governments, raisin g about $100  billion annually statewide. How Is a Property Tax Bill Calculated? Each annual property tax bill is equal to the taxable value of the property multiplied by the property tax rate.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

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

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

K-12 Proposition 98 Funding by Program [EdBudget]

Jan 19, 2026 - Includes $50 million each year for Quality Rating and Improvement System. c Includes $150 million in one-time funds provided in the June 2025 budget. d June 2025 budget also provided $2 million in unspent prior-year funds to support the California School for the Deaf in Fremont. e Less than $500,000. f June 2024 budget also provided $4.3 million in unspent prior-year funds to support agency
https://lao.ca.gov/Education/EdBudget/Details/1069

Immunology and immunotherapy. [Ballot]

Dec 17, 2025 - Resultin g revenue is first deposited into the state ’s General Fund until it equals the total cost of the bonds. Thereafter, resulting revenues are deposited into the California Immunology and Immunotherapy Medical Research Fund to support future research grants and activities.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-026