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

Feb 10, 2026 - Assessment Administration’s Revenue Estimates Appear Reasonable, but GGRF Revenues Remain Difficult to Predict. Based on currently available information, DOF’s 2026‑27 GGRF revenue forecast appears reasonable.However, GGRF revenues are inherently somewhat unpredictable.
https://lao.ca.gov/Publications/Report/5114

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: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - That being said, the recent examples of Control Section 4.05, Control Section 4.12, and the current BCG-focused effort have demonstrated that predicting the level of savings from such activities is difficult.
https://lao.ca.gov/Publications/Report/5156

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

Jan 20, 2026 - AI refers broadly to technologies that enable computer systems to perform tasks that typically require human intelligence, such as generating content, identifying patterns, or mak ing predictions from data.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - However, based on our analysis, the $5,000 teachers receive under the current grants —$2,500 from the state and $2,500 from the district match —are sufficient to cover the costs of obtaining an authorization.
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - On an annual basis, the California Natural Resources Agency (CNRA) must report information about projects ’ objectives; status; anticipated outcomes; expected public benefits; and other basic information such as location, cost, and matching funds.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - To help the state meet its climate goals and air quality requirements, the Governor signed an Executive Order in 2020 establishing various ZEV goals, including that 100 percent of in‑state sales of new passenger cars and trucks be zero emission by 2035.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - The state, however, cannot predict the timing of such a decline. The potential forecasting errors are larger in 2026 ‑27 than in 2025 ‑26 because the 2026 ‑27 estimates must make assumptions further into the future, and the state does not yet have any tax collection data for the year.
https://lao.ca.gov/Publications/Report/5110

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