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The 2022-23 Budget: California Department of Technology

Feb 22, 2022 - OTech (and others) also manage statewide contracts for vendor ‑hosted subscription services (VHSS) —that is, IT services provided and primarily supported by private vendors, not CDT —to offer services to entities at a lower cost than they might be able to negotiate with vendors as individual entities.
https://lao.ca.gov/Publications/Report/4552

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

[PDF] Reforming Davis-Dolwig: Funding Recreation in the State Water Project

Specifies that regulatory com- pliance costs are to be paid by the SWP contractors. Allows revenue bonds to be sold? Provides funding for costs allocated to recreation. Administration states that this will remove impediment to revenue bond issuance.
https://lao.ca.gov/2009/rsrc/Reforming_Davis-Dolwig/Davis-Dolwig_030909.pdf

The 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - What Information Helps to Assess Costs and Benefits? This section describes the type of information the Legislature can gather to try to assess the costs and benefits of state programs. Once program costs and metrics are understood, the Legislature can weigh the benefits relative to the costs.
https://lao.ca.gov/Publications/Report/4983

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

[PDF] California's Options for Administering the Federal Family Education Loan Program

For subsidized loans, the federal government pays the interest costs while students are enrolled, for the first six months after students leave school, and during deferment periods. For unsubsidized loans, the federal government does not pay any of the associated interest costs.
https://lao.ca.gov/2006/ed_fund/edfund_012406.pdf

[PDF] Funding Enrollment Growth at UC and CSU

This report and others, as well as an E-mail subscription service, are available on the LAO’s Internet site at www.lao.ca.gov. The LAO is located at 925 L Street, Suite 1000, Sacramento, CA 95814. ■ L e g i s L a t i v e a n a L y s t ’ s O f f i c e a n L a O R e p O R t IntrodUCtIon One of the principal factors influencing the state’s higher education costs is the number of students enrolled at the public higher education segments.
https://lao.ca.gov/2006/enrollment/UC-CSU_enrollment_032806.pdf

Updating the California Necessities Index

Aug 14, 2025 - Second, like the current formula, alternatives should provide an intuitive way to judge changes in the cost of necessities. This provides transparency to benefit recipients when they assess changes to the funds they receive.
https://lao.ca.gov/Publications/Report/5065

Updating the California Necessities Index [Publication Details]

Aug 14, 2025 - Recent changes were made to the publication of statistics required to calculate the California Necessities Index, which is used to adjust certain benefit rates and cost-of-living adjustments. In this brief, we provide details on the changes and evaluate alternatives for the index that require only currently available data and conform to the original intent of the index.
https://lao.ca.gov/Publications/Detail/5065