The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - BPPE deposits revenue into the Private Postsecondary Education Administration Fund (BPPE Fund). Like other regulatory agencies, BPPE receives revenue from various fees paid by the entities it oversees.
https://lao.ca.gov/Publications/Report/5169

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

Mar 18, 2026 - As the Governor ’s Committee on Education Excellence explained in 2007, “the problem with California ’s K ‑12 governance system is that everyone is in charge, and no one is accountable. ” Blurred Responsibilities.
https://lao.ca.gov/Publications/Report/5165

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

Mar 18, 2026 - Legislative oversight can help ensure problems are identified and corrective action is taken when needed. To conduct its oversight, the Legislature could hold informational and/or oversight hearings, require reporting by SWRCB to the Legislature, require independent scientific evaluation of plan implementation and the VA pathway, and review how state funds are being spent.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - IHSS Costs Have Increased Over Time Given the structural budget problem, it is important to better understand the main drivers of cost increases in the state ’s major programs. In this section we provide some historical information on the primary drivers of cost growth in IHSS.
https://lao.ca.gov/Publications/Report/5166

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - Identifying efficiencies can be a worthy endeavor in any year; however, it is particularly important to minimize unnecessary or duplicative spending in times like the present when the state faces a projected structural budget problem.
https://lao.ca.gov/Publications/Report/5156

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: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - Promising Idea of Providing Tax Credits for HDFC ‑Approved Projects … The Governor ’s proposed concept of automatically awarding private activity bonds and tax credits to HDFC ‑funded projects has the potential to address an important and fundamental problem in the state ’s affordable housing funding system: developers having to apply to different state entities for project funding, with no assurance that awards will be made consistently to fund projects.
https://lao.ca.gov/Publications/Report/5154

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - In addition to this mandatory withdrawal, the Governor ’s budget also includes mandatory deposits into the reserve in 2024 ‑25 and 2025 ‑26 due to higher estimated capital gains revenue, as well as a discretionary deposit in 2025 ‑26.
https://lao.ca.gov/Publications/Report/5150

The 2026-27 Budget: County Administration and H.R. 1 Implementation

Mar 5, 2026 - Addressing the structural budget problem will require difficult trade ‑offs. Backfilling lost federal benefits under H.R.  1 would require billions of dollars in additional budget solutions. …While Counties Face Multiple Cost Pressures.
https://lao.ca.gov/Publications/Report/5149