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

Mar 9, 2026 - The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Food Assistance Programs [Publication Details]

Feb 18, 2026 - In this post, we assess the Governor's proposed budget for food assistance programs, including CalFresh.
https://lao.ca.gov/Publications/Detail/5126

The 2026-27 Budget: Food Assistance Programs

Feb 18, 2026 - In this post, we assess the Governor's proposed budget for food assistance programs, including CalFresh.
https://lao.ca.gov/Publications/Report/5126

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - How Do the Options Compare? How do different options compare on parameters such as cost, effectiveness of addressing the problems encountered to date, and length of time to decommissioning of the legacy 911 system?
https://lao.ca.gov/Publications/Report/5145

Comparing Options to Raise and Lower Taxes [Publication Details]

Mar 24, 2026 - Comparing Options to Raise and Lower Taxes [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/5170

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - Aside from this short‑term option, any changes over the long term may need to comply with the gradual reduction to the federal revenue limit, generally beginning 2027‑28. State ’s Options on Private Hospital Fee, by Contrast, May Be More Limited.
https://lao.ca.gov/Publications/Report/5146

The 2026-27 Budget: State Mandate—Disclosure Requirements and Deferral of Property Taxation

Feb 19, 2026 - Printing a disclosure about Chapter  712 ’s deferment procedures is no longer relevant given that the option expired more than two years ago and is no longer available to property owners in the county.
https://lao.ca.gov/Publications/Report/5130

Prohibit new taxes on financial assets and other personal property. [Ballot]

Jan 27, 2026 - The measure restricts the options the state and local governments have to raise taxes in the future. This could make it somewhat harder for them to raise taxes. This could reduce f uture tax revenues.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041