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

Overview of Individuals Impacted by H.R. 1 Work Requirement Policies in Medi-Cal and CalFresh [Publication Details]

Mar 11, 2026 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5155

Overview of State Correctional Population and Spending Trends [Publication Details]

Mar 18, 2026 - Presented to: Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5161

Overview of Homeless Housing, Assistance, and Prevention Program Funding and Accountability [Publication Details]

Feb 18, 2026 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5123

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: How to Use One-Time Revenue Improvements

Feb 20, 2026 - The Governor ’s budget also maintains a $7  billion withdrawal from the BSA in 2025-26. If a May Revision windfall exceeds the amount needed to fund the true up, we recommend the Legislature use those resources to reduce the size of this withdrawal.
https://lao.ca.gov/Publications/Report/5133

The 2026-27 Budget: University of California

Feb 26, 2026 - As Figure   7 shows, UC ’s core spending has grown faster than inflation over the past ten years. Over this period, core spending grew at an average annual rate of 4.3   percent compared to an average annual inflation rate of 3.3   percent over the same period.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - Funding proposed for the judicial streamlining program pursuant to Chapter  19 of 2021 (SB  7, Atkins) and Chapter  60 of 2023 (SB  149, Caballero) is at similar levels to what was provided in previous years, and would allow LCI to continue implementing the legislation ’s requirements through its sunset year.
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - Figure 7
https://lao.ca.gov/Publications/Report/5166