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

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

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - Governor ’s Proposal The Governor proposes $11.2  million in 2026-27, growing to $12  million annually thereafter through 2031-32, from the General Fund to support LCI ’s existing administrative and policy workload and to implement statutorily required activities.
https://lao.ca.gov/Publications/Report/5167

Changes in California Community Colleges Proposition 98 Spending, 2024-25 and 2025-26 [EdBudget]

Jan 21, 2026 - The Governor's budget also provides $32 million for enrollment growth in 2026-27. b The Governor's budget also includes $102 million in 2026-27 funds for this purpose. c Reflects $4 million for the Mendocino College Fire Academy and $1 million for the Santa Rosa Junior College Fire Academy.
https://lao.ca.gov/Education/EdBudget/Details/1040

K-12 Proposition 98 Funding by Program [EdBudget]

Jan 19, 2026 - Governor's January 2026-27 budget proposes providing an additional $32 million in unspent prior year funds. b Excludes programs operated by nonprofit agencies. Includes $50 million each year for Quality Rating and Improvement System. c Includes $150 million in one-time funds provided in the June 2025 budget. d June 2025 budget also provided $2 million in unspent prior-year funds
https://lao.ca.gov/Education/EdBudget/Details/1069

Major Proposition 98 Spending Proposals [EdBudget]

Jan 23, 2026 - Major Proposition 98 Spending Proposals [EdBudget] Total Spending Proposals $10,910 a Applies to Special Education, State Preschool, Child Nutrition, Equity Multiplier, K-12 Mandates Block Grant, Charter School Facility Grant Program, Foster Youth Services Coordinating Program, Adults in Correctional Facilities, American Indian Education Centers, Child and Adult Care Food Program, and American
https://lao.ca.gov/Education/EdBudget/Details/1064

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - Under this time line, the administration estimates BPPE would make annual payments of $1.9  million from 2026-27 through 2031-32, with those payments totaling $11.5  million (including interest) across the six-year period.
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - Since the cap-and-invest program was created through the passage of Chapter  488 of 2006 (AB  32, N ú ñez), it has served as one of the state ’s core policies intended to help it achieve its ambitious greenhouse gas reduction goals.
https://lao.ca.gov/Publications/Report/5120