^[PDF] The 2022-23 Budget: California Department of Technology

CDT = California Department of Technology; IBM = International Business Machines Corporation; and GB = gigabyte. 2 0 2 2 - 2 3 B u d g e t S e r i e s 5 state IT policies and procedures to information security updates to state middle-mile broadband network developments.
https://lao.ca.gov/reports/2022/4552/CDT-022222.pdf

^[PDF] The Role of the State in Delivering Improved Outcomes Through Realignment

.  IBM “Making Change Work” 2008 Study.  Total Success Is Not Common. Interviews with 1,500 project leaders in private and public organizations found that nearly 60 percent of them did not implement major organizational change within planned time, budget, and quality constraints.  What Makes Change Successful?
https://lao.ca.gov/handouts/state_admin/2011/Deliver_Outcomes_03_30_11.pdf

^[PDF] THE UTILIZATION AND MANAGEMENT OF INFORMATION PROCESSING TECHNOLOGY IN CALIFORNIA STATE GOVERNMENT

That is, IBM-compatible computers have -36- operating systems that are different from those used by Honeywell, Sperry Univac, Control Data and others. Operating systems can also vary within the line of computers offered by a single manufacturer.
https://lao.ca.gov/reports/1983/07_the_utilization_and_management_information_processing_technology.pdf

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

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

The 2022-23 Budget: California Department of Technology

Feb 22, 2022 - CDT = California Department of Technology; IBM = International Business Machines Corporation; and GB = gigabyte. CDT, however, suggests that some of the benefits of State Data Center services (such as continuous information security and service desk support) and other differences between state ‑hosted and vendor ‑hosted services make direct rate comparison difficult.
https://lao.ca.gov/Publications/Report/4552

Supplements A-C: California Tax Policy and the Internet

Some of the most prominent of these are AT &T Networked Commerce Services, Apex Global Information Services, IBM Global Services, MCI WorldCom, GTE Internetworking, PSInet Inc., and Sprint IP Services.
https://lao.ca.gov/2000/013100_inet_tax/013100_internet_sup1.html

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