How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent). Perhaps more concerning, income tax revenues stayed depressed for years following major downturns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The four major downturns were more severe, with income tax declines ranging from 17 percent to 30 percent (average of 24 percent). Perhaps more concerning, income tax revenues stayed depressed for years following major downturns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The current discrepancy over the size of the state ’s budget deficit —$18  billion under the Legislative Analyst ’s Office estimate versus $3  billion in the Governor ’s budget —fits squarely within that pattern.
https://lao.ca.gov/Publications/Report/5104

^[PDF] Department of Water Resources—SBX7 8 Bond Appropriations

Language creates consis- tency with updated control language to allow for stream- lined updates to regulations and local assistance criteria. 24 3860-001-6051 Match Delta natural com- munities conservation plan local assistance to local needs.
https://lao.ca.gov/handouts/Conf_Comm/2010/Department_of_Water_Resources_SBX7_8_Bond_Appropriations_060710.pdf

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - Is the State Meeting the 3   Percent Participation Goal? According to information provided by OSDS, in the aggregate across all reported contracts for mandatory reporters, the state met the 3  percent participation goal in nine of ten years between 2013 ‑14 and 2023 ‑24.
https://lao.ca.gov/Publications/Report/5095

^[PDF] "The Anti-Corruption Act of 2000"

Bill Lockyer 3 May 10, 1999 Proposition 208 contribution limits is being litigated in federal court. Should the Propo- sition 208 limits take effect, the contribution limits in this measure would be nullified and would thus have no effect.
https://lao.ca.gov/ballot/1999/990335_INT.pdf

California’s Low-Wage Workers and Minimum Wage

Mar 11, 2024 - We estimate th at model using all 24 months of data from 2022 and 2023. Estimate Characteristics by Weighting Respondents. We construct the estimates in the figures using workers who provided a wage response in 2023.
https://lao.ca.gov/Publications/Report/4878/4

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Figure 3 General Fund Condition Under Fiscal Outlook (In Millions)
https://lao.ca.gov/Publications/Report/5091

^[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
https://lao.ca.gov/handouts/socservices/2005/CalWORKs_program_030905.pdf

^[PDF] The Citizens Fair Districts Act (version 3)

The measure specifies that a minimum of $3 million or the amount provided for the last redistricting process (adjusted for inflation) would be provided for the new re- districting process. Fiscal Effect The Legislature spent about $3 million in 2001 on redistricting.
https://lao.ca.gov/ballot/2007/070253.pdf