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: California State University

Feb 24, 2026 - CSU ’s overall core budget also generally increased over this period, such that debt service as a share of total core funding hovered around 4  percent. Proposals Governor Proposes Base Increases for CSU.
https://lao.ca.gov/Publications/Report/5142

The 2026-27 Budget: Judicial Branch

Feb 11, 2026 - Of this estimated cost, the state would be responsible for around $4  billion (74  percent). (The remaining amount would generally be the responsibility of counties that share space in court  facilities.)
https://lao.ca.gov/Publications/Report/5113

The 2026-27 Budget: Proposition 4 Spending Plan [Publication Details]

Feb 10, 2026 - The 2026-27 Budget: Proposition 4 Spending Plan [Publication Details] Description: This publication assesses the Governor’s proposed 2026-27 spending plan for Proposition 4, the $10 billion climate bond approved by voters in November 2024.
https://lao.ca.gov/Publications/Detail/5115

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - The 2026-27 Budget: Proposition 4 Spending Plan Summary Governor ’s Budget Proposes $2.1  Billion in Proposition  4 Bond Funding in 2026 ‑27. The Governor ’s budget proposes appropriating $2.1  billion (about 21  percent of the total authorized by Proposition  4) in 2026 ‑27.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - Of these 11 staff, at least 4 would be nominated by the SPI and appointed by the SBE as required by the Constitution. The Governor ’s budget does not include additional funding for the Office of the SPI.
https://lao.ca.gov/Publications/Report/5165

Governor’s Proposed Elimination of Vacant Environmental Positions in Three Departments [Publication Details]

Mar 18, 2026 - Assembly Subcommittee No. 4 on Climate Crisis, Resources, Energy and Transportation
https://lao.ca.gov/Publications/Detail/5160