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

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings. California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
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: Office of Emergency Services Next Generation 911 System [Publication Details]

Feb 27, 2026 - This brief summarizes the history, costs, and current status of the state’s effort to deploy a Next Generation 911 system and assesses the administration’s proposal to abandon the existing regional approach in favor of a statewide model. It also offers recommendations regarding legislative oversight of this project and the long-term governance of the state’s 911 system.
https://lao.ca.gov/Publications/Detail/5145

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

Feb 27, 2026 - In November 2025, OES released an updated 2025 Next Generation 9 ‑1 ‑1 Transition Plan . Under the updated transition plan, the state will switch from the regional approach to a statewide approach with two statewide network providers —one prime network service provider and a back ‑up.
https://lao.ca.gov/Publications/Report/5145

The 2026-27 Budget: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - State Would Benefit From Leveraging Federal 9   Percent and State Tax Credits Too. The  Governor ’s budget is in some ways incomplete in that it is silent on the treatment of federal 9   percent tax credits and state tax credits for the proposed set ‑aside pool.
https://lao.ca.gov/Publications/Report/5154

Changes in University of California General Fund Spending [EdBudget]

Feb 13, 2026 - DOF included in Schedule 9 the original appropriations. e Reflects removal of $8.1 million from UC's budget relating to a UC Santa Cruz and Cabrillo College intersegmental housing project being shifted to being supported with Proposition 2 funds.
https://lao.ca.gov/Education/EdBudget/Details/1044

California New Car Registrations: December 2025 [EconTax Blog]

Feb 9, 2026 - California New Car Registrations: December 2025 [EconTax Blog] California New Car Registrations: December 2025 February 9, 2026 Seth Kerstein As discussed in an earlier post , new car purchases can be a useful, timely economic indicator.
https://lao.ca.gov/LAOEconTax/article/Detail/848

California New Car Registrations: December 2025 [EconTax Blog]

Feb 9, 2026 - California New Car Registrations: December 2025 [EconTax Blog] California New Car Registrations: December 2025 February 9, 2026 Seth Kerstein As discussed in an earlier post , new car purchases can be a useful, timely economic indicator.
https://lao.ca.gov/LAOEconTax/Article/Detail/848