How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The figures includes corrections (stock market decline of more than 10 percent) and bear markets (decline of more than 20 percent) that lasted more than a few months. The figure excludes short-lived corrections such as the three-month downturn at the start of the pandemic.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The figures includes corrections (stock market decline of more than 10 percent) and bear markets (decline of more than 20 percent) that lasted more than a few months. The figure excludes short-lived corrections such as the three-month downturn at the start of the pandemic.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - Given that this deficit is estimated to range from $20  billion to $35  billion in the years ahead, addressing it gradually, rather than all at once, reduces fiscal disruption and more readily provides for legislative input and flexibility.
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 - The total marginal cost (state and student shares combined) of increasing resident undergraduate enrollment by 1  percent in 2026 ‑27 is $58  million. Provide more funding for student financial aid. Specifically, CSU plans to designate $67  million for this purpose.
https://lao.ca.gov/Publications/Report/5142

The 2026-27 Budget: Judicial Branch

Feb 11, 2026 - Figure 3 Status of Trial Court Construction Projects Beginning  in 2019 ‑20 a Priority Group Estimated Project Costs (in Billions) Number Initiated
https://lao.ca.gov/Publications/Report/5113

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - Administration Expects Full Contract Amount —$20  Million —Will be Expended. The administration anticipates that the entire $20  million appropriation will be used over the course of the contract. Work With DHCS Is Delayed Due to Federal Changes.
https://lao.ca.gov/Publications/Report/5156

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

Mar 18, 2026 - Introduction California operates the nation ’s largest public school system, comprising 937 school districts, 1,257 charter schools, and 58 county offices of education. This year, these local agencies will educate nearly 5.8  million students, employ around 700,000 teachers and staff, and spend nearly $150  billion.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: Contract to Achieve Operational Efficiencies [Publication Details]

Mar 10, 2026 - The 2026-27 Budget: Contract to Achieve Operational Efficiencies [Publication Details] The 2026-27 Budget: Contract to Achieve Operational Efficiencies Format: HTML Description: The 2025-26 budget appropriated up to $20 million to the Department of Finance (DOF) to contract with a consulting firm to assist and advise DOF in creating efficiencies through process improvements in state government.
https://lao.ca.gov/Publications/Detail/5156

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - Figure 5 Certain Categorical Programs Have Received a COLA in Recent Years 2019 ‑20
https://lao.ca.gov/Publications/Report/5150