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

^[PDF] An LAO Higher Education “Compacts”: An Assessment

PROPOSAL FOR A NEW COMPACT In the 1999-00 Governor’s Budget, the adminis- tration announced that UC and CSU had pro- posed a new multiyear funding compact (Com- pact II). Details of the proposal were included in 4 the budget’s A-pages as well as in materials presented by the segments during budget hear- ings.
https://lao.ca.gov/1999/082699_compacts/082699_compacts.pdf

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - The California Air Resources Board (CARB) subsequently adopted a regulation, Advanced Clean Cars II (ACC II), which required manufacturers to sell a growing share of their vehicles as ZEVs in alignment with state goals.
https://lao.ca.gov/Publications/Report/5140

^[PDF] "Let the Voters Decide II Act of 2000”

Currently, the California Citizens Com- pensation Commission establishes salaries and benefits for Members of the Legislature and other state-elected officials, such as the Governor, the Attorney General, and the members of the State Board of Equalization.
https://lao.ca.gov/ballot/1999/990438_INT.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] LAO 2002 Budget Analysis: Capital Outlay Chapter

This figure also com- pares our recommendation with the funding proposed in the Governor’s economic stimulus package. Figure 5 San Marcos: Academic Hall II, Building 13 LAO Recommended Project Funding (In Thousands) Phase Proposal LAO Recommendation Difference Preliminary Plans (P) $462 $381 $81 Working Drawings (W) 665 549 116 Construction (C) 23,088 20,572
https://lao.ca.gov/analysis_2002/cap_outlay/co_anl02.pdf

^[PDF] LAO 2002 Budget Analysis: Education Chapter

Create Priority in II/USP Application Process for Schools That Com- mit to Apply for CSRD Funding. A long-term solution to ensure all CSRD funds are used and that General Fund savings are generated would be for the Legislature to give priority in selecting the fourth II/USP cohort to schools that commit to apply for CSRD.
https://lao.ca.gov/analysis_2002/education/ed_anl02.pdf

^[PDF] Overview of California’s Master Plan for Higher Education

Instead, they are reports com- missioned by the Legislature and in some cases endorsed by individual legislators. • Many significant principles expressed by the Master Plan have been adopted in statute.
https://lao.ca.gov/handouts/education/2005/Master_Plan_Overview_022205.pdf