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] Overview of California’s Master Plan for Higher Education

Great Disparities in Transfer Rates • The CCC Chancellor’s Office calculates transfer rates using a base that includes only students who (1) attempted a transferable math or English course and (2) completed at least 12 units within a six-year period.
https://lao.ca.gov/handouts/education/2005/Master_Plan_Overview_022205.pdf

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

LAO 2004 Budget Analysis: Intersegmental: Higher Education Admissions and Enrollment

We note also that the Legislature has little information about the appropriateness of existing criteria and how well the criteria are aligned to its K-12 education priorities and expectations. For example, the Master Plan does not require that students complete a college entrance exam (such as the SAT) in order to be considered among the state's top public high school gr aduates.
https://lao.ca.gov/analysis_2004/education/highered_04_enrollment_anl04.htm

^[PDF] CalWORKs Program Overview Hearing

CalWORKs Program Overview Hearing Moving Toward Self-Sufficiency: Allowable Activities LAO 60 YEARS OF SERVICE 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 March 9, 2005 3 " One-Parent Family: A family is eligible for the one-parent com- ponent of the program if it includes a child who is financially needy due to the death, incapacity, or continued absence of one or both
https://lao.ca.gov/handouts/socservices/2005/CalWORKs_program_030905.pdf

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

^[PDF] HMOs and Rural California

In preparing this report, we obtained infor- mation from a variety of sources: ➢ We conducted interviews with repre- sentatives of a diverse set of key players in the rural health care com- munity, including beneficiaries, health operated health care systems, the California Medical Association, health policy researchers, state health care programs such as the Medi-Cal Program and
https://lao.ca.gov/2002/hmos_rural_ca/8-02_hmos_rural_ca.pdf

^[PDF] "The Government Reform Act of 2000"

POLANCO CAROLE MIGDEN JOHN VASCONCELLOS GEORGE RUNNER CATHIE WRIGHT RODERICK WRIGHT May 12, 1999 Hon. Bill Lockyer Attorney General 1300 I Street, 17th Floor Sacramento, California 95814 Attention: Ms.
https://lao.ca.gov/ballot/1999/990349_INT.pdf

^[PDF] The Fair Insurance Premiums and Practices Act

Brown Jr. 4 November 12, 2009 Summary  This measure would probably have no significant net fiscal effect on state or local governments.
https://lao.ca.gov/ballot/2009/090640.pdf