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: Judicial Branch

Feb 11, 2026 - In combination, as shown in Figure  3 , it makes it likely that at least $21  billion could be needed to complete the list of 80 projects. These costs will likely continue to increase over time due to inflation and various other factors.
https://lao.ca.gov/Publications/Report/5113

California Community Colleges Federal Funds: Student Financial Aid [EdBudget]

Jan 29, 2026 - California Community Colleges Federal Funds: Student Financial Aid [EdBudget] $465 23% Notes: For community colleges, the bulk of federal funding (more than 80 percent in 2023-24) is for student financial aid.
https://lao.ca.gov/Education/EdBudget/Details/1042

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - Individuals must generally work, study, or volunteer at least 80  hours per month, or meet an earnings threshold (about $580 per month, equivalent to 80 hours at the federal minimum wage) unless they qualify for certain exemptions (such as having young children or being medically frail).
https://lao.ca.gov/Publications/Report/5146

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - The budget package also authorized nearly 80 new positions across 12 departments to administer Proposition  4 ‑funded programs. Trailer bill language adopted in Chapter  106 of 2025 (A B  149 , Committee on Budget) also allowed state agencies and departments to use the emergency rulemaking process under the Administrative Procedure Act to develop and adopt their bond program guidelines and selection criteria.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - Slots are limited to budget appropriation. 80 Emergency Child Care Bridge Provides temporary child care services to children in foster care system and under age 13. Child care services are temporary until family finds longer ‑term child care solution. d 3,245 a Unless otherwise specified, child must be under age 13 and families must earn at or below 85  percent of the state median income to be eligible for subsidized child care programs.
https://lao.ca.gov/Publications/Report/5168

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - These recipients account for roughly 80  percent of the increase in MCS spending. Though much of the increase in MCS recipients under the revamped program is due to expanded eligibility, some is due to higher enrollment at UC and CSU.
https://lao.ca.gov/Publications/Report/5127

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - State law requires charter schools that provide less than 80   percent of their instruction in person to be considered a “nonclassroom ‑based ” charter school. This  determination is currently made based on the proportion of a school ’s ADA that is classroom ‑based.
https://lao.ca.gov/Publications/Report/5100

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - As Figure  3 shows, salaries and benefits (including retirement benefits, health care benefits, workers ’ compensation, and unemployment insurance) accounted for more than 80  percent of district spending in 2024 ‑25.
https://lao.ca.gov/Publications/Report/5150