The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - (Flow refers to the volume of water moving through rivers, streams, or the Delta and is typically measured in cubic feet per second.) More than two ‑thirds of Californians and millions of acres of farmland rely on water from the Bay ‑Delta watershed.
https://lao.ca.gov/Publications/Report/5163

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: Permitting Support at the State Water Resources Control Board

Mar 2, 2026 - Same as above, but for non ‑WOTUS waters of the state (for example, isolated wetlands and ephemeral streams). Pollutant and Stormwater Discharge CWA Section 402 NPDES permit (federal discharge permit) State and Regional Water Boards For WOTUS, regulates point source discharges of pollutants, including stormwater.
https://lao.ca.gov/Publications/Report/5144

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - Grantees were expected to identify ongoing funding streams —either existing school funds, such as LCFF, or new revenue streams —that could be used to sustain the community schools model after one ‑time grant funds expire.
https://lao.ca.gov/Publications/Report/5131

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Given that federal rules specify Title IV ‑E is the payor of last resort, and some EBPs are Medi ‑Cal ‑eligible services, counties expressed a need for clear guidance from the state related to Medi ‑Cal billing and how different funding streams can be used together.
https://lao.ca.gov/Publications/Report/5106

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

Immunology and immunotherapy. [Ballot]

Dec 17, 2025 - The net fiscal impact of the ind irect effects of the measure is unknown at this time. Summary of Fiscal Effects. We estimate that the measure would have the following major, direct fiscal effect: Increased state costs of about $500 million annually for 25 years to repay the bonds.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-026

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

The 2025-26 California Spending Plan: Housing, Homelessness and Local Government

Oct 22, 2025 - The budget provides $2.4  million one-time General Fund for the Civil Right Department ’s California vs. Hate initiative. California vs. Hate is a non-emergency hotline and online portal that allows state residents to report hate crimes and hate incidents.
https://lao.ca.gov/Publications/Report/5082