The 2026-27 Budget: Contract to Achieve Operational Efficiencies [Publication Details]

Mar 10, 2026 - The 2026-27 Budget: Contract to Achieve Operational Efficiencies [Publication Details] The 2026-27 Budget: Contract to Achieve Operational Efficiencies Format: HTML Description: The 2025-26 budget appropriated up to $20 million to the Department of Finance (DOF) to contract with a consulting firm to assist and advise DOF in creating efficiencies through process improvements in state government.
https://lao.ca.gov/Publications/Detail/5156

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

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program [Publication Details]

Mar 3, 2026 - The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program [Publication Details] The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program Format: HTML Description: For 2026-27, the Governor’s budget proposes $3.6 billion from the General Fund for the state’s share of SSI/SSP—an increase of $94 million (2.7 percent) from the Governor’s revised 2025-26 budget estimate.
https://lao.ca.gov/Publications/Detail/5148

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

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

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details]

Nov 19, 2025 - The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges [Publication Details] The 2026-27 Budget: Fiscal Outlook for Schools and Community Colleges Format: HTML Description: We forecast that increases to the Proposition 98 guarantee in 2024-25 and 2025-26, coupled with a preexisting payment obligation, require the state to provide nearly $7.4 billion in one-time funds for schools and community colleges.
https://lao.ca.gov/Publications/Detail/5093

Labor Agreements to Achieve Budgetary Savings [Publication Details]

Jul 11, 2025 - Labor Agreements to Achieve Budgetary Savings [Publication Details] Labor Agreements to Achieve Budgetary Savings Format: HTML Description: The final 2025-26 budget package approved by the Legislature maintained the May Revision level of savings in employee compensation and set an expectation for the administration and the state’s 21 bargaining units to meet and confer in good faith in order to achieve those savings through the collective bargaining process.
https://lao.ca.gov/Publications/Detail/5063

Trends in Higher Education [Publication Details]

Apr 30, 2025 - Trends in Higher Education [Publication Details] HTML Description: From January 2024 through April 2025, we released six analytical reports focused on higher education trends. The reports cover trends in student access, college affordability, student outcomes, finance, faculty and staff, and facilities.
https://lao.ca.gov/Publications/Detail/5071