The 2026-27 Budget: Estimated State Savings From Proposition 47

Feb 23, 2026 - The 2026-27 Budget: Estimated State Savings From Proposition 47 Estimated State Savings From Proposition  47 Background Proposition  47 (2014) Reduced Punishment for Certain Lower-Level Drug and Property Crimes.
https://lao.ca.gov/Publications/Report/5108

The 2026-27 Budget: Estimated State Savings From Proposition 47 [Publication Details]

Feb 23, 2026 - The 2026-27 Budget: Estimated State Savings From Proposition 47 [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/5108

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

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: Community College Facilities

Mar 17, 2026 - The total cost across all project phases is $748  million, with the state covering $399  million (53  percent) and districts covering $348  million (47  percent). Figure 2 Governor ’s Budget Funds New CCC Capital Outlay Projects Proposition 2 Bond Funds (In Thousands) College $399,428 $747,686 a Community college districts issue local general obligation bonds to pay for a share
https://lao.ca.gov/Publications/Report/5159

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

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - In July 2025, the Department of Social Services and the Department of Health Care Services published guidance (via All‑County Letter 25‑47 ) for California High Fidelity Wraparound as the state’s uniform model of aftercare services.
https://lao.ca.gov/Publications/Report/5106