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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Of the project proposals that districts submitted for 2026-27, 7 out of 27 eligible modernization projects (26  percent) are included in the Governor ’s budget, compared to 3 out of 8 eligible growth projects (38  percent).
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - Over the next eight years, growth rates fluctuated between 3  percent and 8  percent, until reaching a peak growth rate of 10.2  percent and 10.4  percent in 2001 ‑02 and 2002 ‑03, respectively. Caseload growth then hovered between 4.5  percent and 8  percent for the next six years.
https://lao.ca.gov/Publications/Report/5166

California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - California Community Colleges Capital Outlay Projects [EdBudget]     a Community college districts issue local general obligation bonds to pay for a share of project costs. b Proposition 51 (2016) bond funds. c The performance criteria phase is the initial phase of this design-build project. d Replacement buildings listed in this category involve adding space. e Center operated
https://lao.ca.gov/Education/EdBudget/Details/1025

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - In addition to restructuring foster care maintenance payments, the 2024-25 statutory changes also added two new foster care programs and corresponding rate components: (1)  Strengths Building and Child and Family Determination Program, and (2)  Immediate Needs Program.
https://lao.ca.gov/publications/report/5147

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - Seasonally adjusted new car registrations dropped 8 percent from September 2025 to December 2025. After growing just 0.3 percent from December to January, registrations are still 5 percent below the average level over the last couple of years.
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - Seasonally adjusted new car registrations dropped 8 percent from September 2025 to December 2025. After growing just 0.3 percent from December to January, registrations are still 5 percent below the average level over the last couple of years.
https://lao.ca.gov/LAOEconTax/article/Detail/853

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - For example, the spending share of residential services has decreased from 46  percent to 38  percent, while the spending share of support and training services has increased from 8  percent to 15  percent.
https://lao.ca.gov/Publications/Report/5157

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - As discussed in the “Inpatient Mental Health Beds ” section in our brief The 2025‑26 Budget: California Department of Corrections and Rehabilitation and shown in Figure 8, CDCR is operating 713 inpatient beds in excess of the amount projected to be necessary.
https://lao.ca.gov/Publications/Report/5134