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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - Presumes Best Practices Can Be Scaled. Many categorical programs were created to encourage statewide adoption of best practices found to be effective. However, implementing best practices does not necessarily result in the same type of strong improvements when scaled at a state level.
https://lao.ca.gov/Publications/Report/5131

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: California Highway Patrol Proposals

Mar 6, 2026 - The Governor proposes one-time General Fund for two capital outlay-related activities in 2026-27: CHP Field Office Planning and Site Identification. The budget includes $1  million from the General Fund for CHP to identify suitable parcels for replacing up to three field offices and to develop studies for those sites.
https://lao.ca.gov/Publications/Report/5152

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - These costs would come primarily from buying equipment and having sufficient on site medical assistants. CDCR, in coordination with CalHR, may need to use pay differentials for those who work inside prisons so that such providers have an incentive to remain on site.
https://lao.ca.gov/Publications/Report/5134

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - CDCR Uses Tele ‑Mental Health Services as a Supplement to On ‑Site Providers. To supplement the services offered to incarcerated patients when on ‑site providers are limited, CDCR uses tele ‑mental health which can replace an in ‑person visit.
https://lao.ca.gov/Publications/Report/5137

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

Feb 27, 2026 - As  part of this procurement process, OES will “require the statewide provider to propose and demonstrate the ability to reach an availability level of 99.999% or better, and the ability to utilize multiple data centers, distribution networks, and aggregation sites. ” Phase Two.
https://lao.ca.gov/Publications/Report/5145

The 2026-27 Budget: Judicial Branch

Feb 11, 2026 - In addition, it proposes $47.6  million one ‑time General Fund for the continuation of the following construction projects: $18.1  million reappropriation of funds for the performance criteria phase of the New Fresno Courthouse project, which had been delayed due to an extended site selection process. $14.1  million for the construction phase of projects to build out two
https://lao.ca.gov/Publications/Report/5113

Oversight of certain frontier artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - Reviewing protection plans required of regulated entities that address specified categories of potential harm, including workforce displacement, safety risks, and loss of human con trol, and issuing, modifying, or revoking annual certifications based on commission-identified demonstrated best practices.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-034