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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. 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 Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. 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: CalWORKs

Feb 18, 2026 - The 2026-27 Budget: CalWORKs $104 1% a TANF carry ‑forward is a non ‑add item for display purposes only. This amount is included in Federal TANF block grant funds. b Less than 0.5 percent. TANF = Temporary Assistance for Needy Families.
https://lao.ca.gov/Publications/Report/5122

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Figure 4 SSI/SSP Monthly Maximum Grant Levels a 2024 ‑25 (Actual) Percent of federal poverty level b 93% Percent of federal poverty level b 117% 116% 114% a The maximum monthly grants displayed refer to those for aged and disabled individuals and couples living in their own households, effective as of January 1 of the respective calendar year. b Compares grant level to federal poverty guidelines from the U.S.
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: California Highway Patrol Proposals

Mar 6, 2026 - As displayed in Figure  1, the types of costs for which CHP is requesting additional funding represent equipment and activities that support the basic, core functions of the department. These include costs related to vehicles, weapons, technology, and utilities.
https://lao.ca.gov/Publications/Report/5152

The 2026-27 Budget: Cap-and-Invest Expenditure Plan

Feb 10, 2026 - As displayed in Figure 2, the administration proposes to use $615 million of the $750 million in additional revenues to support the following activities, thus leaving a projected GGRF fund balanceof$135 million at the end of 2026‑27: CalFire Backfill.
https://lao.ca.gov/Publications/Report/5114

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

Mar 18, 2026 - Figure  4 displays current VA parties. (Some environmental groups participated in early VA discussions but later withdrew, and tribal participation has been limited. None of those groups or tribes participated in or signed on to the final agreement.)
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - Third, Figure  1 displays a sizeable year ‑to ‑year decline in federal funds for CNRA departments. The biggest component of this change is about $675  million less for the California Energy Commission (CEC) in 2026 ‑27, primarily due to a federal grant it received on a one ‑time basis in 2025 ‑26 from the Grid Resilience and Innovation Partnership Program.
https://lao.ca.gov/Publications/Report/5116

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - As part of the state ’s accountability system, districts report various student outcomes, referred to as statewide indicators, which are then displayed on a public website known as the school dashboard.
https://lao.ca.gov/Publications/Report/5100