The 2026-2027 Budget: California Cannabis Control Appeals Panel Permanent Funding Request

Feb 11, 2026 - The 2026-27 amount is $127,000 (or 3.8  percent) more than the revised 2025-26 level. The Governor also proposes a one position reduction (from 13 to 12) in 2026-27 and ongoing. Assessment Still Too Early to Know What Actual Caseload and Workload Will Be.
https://lao.ca.gov/Publications/Report/5119

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

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - In 2025 ‑26, the state is providing a total of $3.8  billion ongoing Proposition  98 General Fund for nearly 50 CCC categorical programs. The largest of these programs provide funding for certain types of instruction (such as adult education or career technical education), student support, and financial aid.
https://lao.ca.gov/Publications/Report/5150

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

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - The Governor proposes augmentations of $3.8  million in 2026 ‑27, $3.7  million in 2027 ‑28, $3.7  million in 2028 ‑29, and $1.2  million in 2029 ‑30 and ongoing from the Compliance Fund for the Tobacco Licensing Program to enforce AB  3218 and other flavor ban laws.
https://lao.ca.gov/Publications/Report/5132

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - The  largest adjustment is a $3.8  billion mandatory deposit in 2024 ‑25, driven by significantly higher capital gains revenue since June. Another notable adjustment is the Governor ’s proposal to make a $240  million discretionary deposit in 2025 ‑26.
https://lao.ca.gov/Publications/Report/5110

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: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - The  budget proposes $12.5  million ($8.7  million General Fund and $3.8  million Proposition  4) on a one ‑time basis to support state operations associated with high ‑priority flood management projects conducted in collaboration with the U.S.
https://lao.ca.gov/Publications/Report/5116