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: In-Home Supportive Services [Publication Details]

Mar 18, 2026 - The 2026-27 Budget: In-Home Supportive Services [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5166

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - The 2026-27 Budget: In-Home Supportive Services Summary Brief Covers Drivers of In ‑Home Supportive Services (IHSS) Cost Growth. Over the past couple of decades, the IHSS program has experienced significant growth in total and General Fund costs.
https://lao.ca.gov/Publications/Report/5166

California State University Capital Outlay Projects [EdBudget]

Mar 26, 2026 - California State University Capital Outlay Projects [EdBudget] $628,800 $650,435 a Reflects amount of university revenue bonds authorized to support projects. Annual debt service costs, which CSU will pay using its General Fund support, is estimated to be $50 million. b The campus is anticipated to contribute $12 million for this project.
https://lao.ca.gov/Education/EdBudget/Details/1082

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

Mar 19, 2026 - Existing Positions Supported by Limited-Term Funding. LCI reports that it currently is supporting some of its administrative staff functions using a share of the funding it received for limited-term activities and grants.
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - CSU has grant programs that support innovative education and faculty development to improve courses. For example, CSU ’s Artificial Intelligence Educational Innovations Challenge ​ supports faculty-led projects that test new teaching methods that incorporate AI, including projects focused on STEM courses.
https://lao.ca.gov/Publications/Report/5171

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - We recommend rejecting the proposal, as the existing special fund loan addresses BPPE ’s near-term costs and shifting those costs to the General Fund would come at the expense of supporting other core state programs or building fiscal resiliency.
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - DDS can draw down federal Medicaid funding to support home ‑ and community ‑based services provided to consumers enrolled in Medi ‑Cal. This federal HCBS funding has historically supported about 35  percent to 45  percent of total costs in DDS.
https://lao.ca.gov/Publications/Report/5157

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - We conclude with suggestions to support effective legislative oversight of the plan ’s  implementation. Bay‑Delta Background In the section that follows, we describe the critical role of the Bay ‑Delta watershed in supplying water for people and farms and in supporting ecosystems for many species of fish and wildlife.
https://lao.ca.gov/Publications/Report/5163