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

Mar 9, 2026 - 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. Yet the dot-com bubble hit California revenues worse because the bubble was concentrated in technology companies headquartered here.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - 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. Yet the dot-com bubble hit California revenues worse because the bubble was concentrated in technology companies headquartered here.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Second, any unawarded credits from the previous fiscal year can be added to the pool of available credits for the current fiscal year. Credit Pool Has Ballooned to over $923  million for the Current Year.
https://lao.ca.gov/Publications/Report/5162

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The added risk variable weighs on the range of revenue outcomes that we view as most plausible. The middle of the range, which becomes our main revenue forecast, is thus lower than if we did not include the stock market risk indicator.
https://lao.ca.gov/Publications/Report/5104

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - One possible reason for our higher estimate is that our model reflects not only disenrollment among current enrollees, but also reduced enrollment flows over time and a persistent risk of disenrollment among eligible individuals due to added administrative burden.
https://lao.ca.gov/Publications/Report/5146

Revising the State Constitution. [Ballot]

Mar 24, 2026 - Generally, constitutional revisions change a large number of provisions or entail far reaching changes to the fundamental government plan of the state. Only the Legislature can pro pose constitutional revisions to voters.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-002

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: 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

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

The 2026-2027 Budget: California Cannabis Control Appeals Panel Permanent Funding Request

Feb 11, 2026 - However, it is unclear how many cases will actually reach the panel each year now that most licensees have transitioned to annual licenses. Moreover, because the panel has not finished processing any cases yet, the amount of staff time and other resources that each case will require is also unclear.
https://lao.ca.gov/Publications/Report/5119