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

UC Federal Grants and Contracts for Medical Care, R&D, and Other Purposes [EdBudget]

Feb 21, 2026 - d This row excludes DOE national laboratories. e Includes grants from 26 other federal agencies, including the Department of Education, Department of Commerce, Department of Interior, and State Department. f The other amounts under "Research" reflect expenditures directly on research.
https://lao.ca.gov/Education/EdBudget/Details/1047

California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - California Community Colleges Capital Outlay Projects [EdBudget]     a Community college districts issue local general obligation bonds to pay for a share of project costs. b Proposition 51 (2016) bond funds. c The performance criteria phase is the initial phase of this design-build project. d Replacement buildings listed in this category involve adding space. e Center operated by Riverside
https://lao.ca.gov/Education/EdBudget/Details/1025

Tuition and Fees by Higher Education Segment [EdBudget]

Jan 24, 2026 - CSU amount reflects average for both undergraduate and graduate students. e Includes postbaccalaureate programs other than teacher credential programs. f Reflects maximum charges for four campus service fees authorized by state law.
https://lao.ca.gov/Education/EdBudget/Details/1036

California Community Colleges Funding by Source [EdBudget]

Jan 21, 2026 - Estimates for 2025-26 and 2026-27 reflect proposed enrollment growth of 1.57 percent and 0.5 percent respectively, as well as other enrollment adjustments. f Reflects Proposition 98 funding, including reserve withdrawals, per budgeted FTE student.
https://lao.ca.gov/Education/EdBudget/Details/1037

K-12 Proposition 98 Funding by Program [EdBudget]

Jan 19, 2026 - Includes $50 million each year for Quality Rating and Improvement System. c Includes $150 million in one-time funds provided in the June 2025 budget. d June 2025 budget also provided $2 million in unspent prior-year funds to support the California School for the Deaf in Fremont. e Less than $500,000. f June 2024 budget also provided $4.3 million in unspent prior-year funds to
https://lao.ca.gov/Education/EdBudget/Details/1069

2026-27 Changes in Proposition 98 Spending [EdBudget]

Jan 23, 2026 - b Reflects additional LCFF costs associated with serving more students in transitional kindergarten, including costs of lower transitional kindergarten staffing ratios. c Applies to Special Education, State Preschool, Child Nutrition, Equity Multiplier, K-12 Mandates Block Grant, Charter School Facility Grant Program, Foster Youth Services Coordinating Program, Adults in Correctional Facilities,
https://lao.ca.gov/Education/EdBudget/Details/1067

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

Jan 27, 2026 - This could reduce f uture tax revenues. When and by how much future revenues would be reduced is unclear. Summary of Major Fiscal Effects. This measure would have the following major fiscal effects: Possibility that tax revenues will be lower in the future.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - These include informing users that they are interacting with an AI system, taking steps to reduce the risk of harmful or sexually explicit content, and maintaining protocols to respond when a user expresses sel f-harm or suicidal ideation.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036