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: Governor’s Office of Land Use and Climate Innovation Proposals [Publication Details]

Mar 19, 2026 - The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals [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/5167

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

Mar 19, 2026 - The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals Governor ’s Office of Land Use and Climate Innovation Proposals Summary The Governor ’s 2026-27 budget proposes two categories of General Fund budget augmentations for the Governor ’s Office of Land Use and Climate Innovation (LCI): (1)  ongoing support for
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Additionally, limits on the use of tax credits by businesses will contribute to further fluctuations in the fiscal effect of the program in the current decade. Parallel Grant Program Added in Some Years.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Scoring System Used to Select Projects Has Some Positive Aspects. Overall, the scoring system the Chancellor ’s Office uses to select projects is a consistent and transparent way of reviewing districts ’ proposals.
https://lao.ca.gov/Publications/Report/5159

Special taxes. [Ballot]

Jan 27, 2026 - Taxes are a type of revenue that can be used to support any public purpose. Some state taxes are unrestricted, meaning that revenues raised by these taxes can be used to fund any program. In contrast, a special tax is a tax levied on a specific good (for example, tobacco or fuel) or activity (for example, waste disposal or energy use) to raise revenue for a specific state prog ram.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - Most notably, because including state operations expenditures as part of Tier 1 means they receive first priority for available GGRF, adding new activities to this category can have the effect of gradually “crowding out ” other GGRF ‑funded programs and activities.
https://lao.ca.gov/Publications/Report/5114

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: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - The Commission determined that Los Angeles County incurred reimbursable costs processing deferment requests and adding the required disclosure to property tax bills. The Commission determined that the county incurred a total amount of about $30,000 in back-year costs (incurred between 2022 and 2024), and about $8,000 in ongoing costs thereafter.
https://lao.ca.gov/Publications/Report/5130