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

Mar 9, 2026 - Before past downturns, taxes have generally grown briskly, often due to the same stock market run-ups that preeceded the downturn. Once the stock market drops, revenue growth   first slows, then stalls, then turns negative.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Before past downturns, taxes have generally grown briskly, often due to the same stock market run-ups that preeceded the downturn. Once the stock market drops, revenue growth   first slows, then stalls, then turns negative.
https://lao.ca.gov/LAOEconTax/article/Detail/852

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

Mar 18, 2026 - The state added the doubling goal as a narrative water quality objective in the 1995 Bay ‑Delta Plan. Doubling natural production relative to the average annual 1967 ‑1991 baseline would mean nearly 900,000 naturally produced salmon annually.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - California Competes is an incentive program run by the Governor ’s Office of Business and Economic Development (GO-Biz.) It provides nonrefundable tax credits to companies in exchange for a commitment to increase employment and investment in the state over several years.
https://lao.ca.gov/Publications/Report/5162

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The added risk variable weighs on the range of revenue outcomes that we view as most plausible. The middle of the range, which becomes our main revenue forecast, is thus lower than if we did not include the stock market risk indicator.
https://lao.ca.gov/Publications/Report/5104

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

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - Given that CDCR reports having more success in hiring tele ‑mental health providers, we expect this expansion to reduce vacancies in the long run. Ask Court to Allow Tele ‑Mental Health Providers to Work From Out ‑of ‑State.
https://lao.ca.gov/Publications/Report/5134

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - In addition to restructuring foster care maintenance payments, the 2024-25 statutory changes also added two new foster care programs and corresponding rate components: (1)  Strengths Building and Child and Family Determination Program, and (2)  Immediate Needs Program.
https://lao.ca.gov/publications/report/5147

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - Although reducing funding would run counter to the Legislature’s stated goal of increasing child care slots over the long term, this could help the state avoid reductions to other programs that would result in a reduction in the level of services provided to Californians.
https://lao.ca.gov/Publications/Report/5168

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - There also are a number of other refiners in the United States that currently produce RD and could, with the purchase of some ad ditional equipment, be converted to produce SAF in addition to, or instead of, RD.
https://lao.ca.gov/Publications/Report/5139