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

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

The 2026-27 Budget: Computer Science Supplementary Authorization [Publication Details]

Mar 6, 2026 - The 2026-27 Budget: Computer Science Supplementary Authorization [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/5153

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - The 2026-27 Budget: Computer Science Supplementary Authorization Computer Science Supplementary Authorization Background Computer Science Supplementary Authorization Incentive Grants Created in 2021-22 Budget.
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: California Student Aid Commission [Publication Details]

Feb 17, 2026 - The 2026-27 Budget: California Student Aid Commission [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/5127

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - Program Is More Challenging to Convey and Administer Than Other State Aid Programs. Unlike other state financial aid programs, MCS is not a set award amount. Additionally, as a “last ‑dollar ‑in ” program, the award amount is subject to variability as long as any component of the formula still could potentially change.
https://lao.ca.gov/Publications/Report/5127

The 2026-27 Budget: California State University

Feb 24, 2026 - Spending Increases for Financial Aid Are Primarily Due to Tuition Increases. CSU sets aside a portion of its tuition revenue to provide financial aid to students, also known as institutional financial aid.
https://lao.ca.gov/Publications/Report/5142

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - The grants support innovation and improvement in lower-division courses, with an emphasis on science, technology, engineering, and mathematics (STEM ) courses. The 2025-26 state budget agreement indicated intent to end this program in 2026-27.
https://lao.ca.gov/Publications/Report/5171