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

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/article/Detail/852

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

Mar 3, 2026 - Federal Government Required to Provide Annual Cost-of-Living Adjustment (COLA) to SSI Grants … The federal government is required to provide an annual COLA each January to the SSI portion of the grant.
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - The Governor ’s budget proposes suspending the statutory cost ‑of ‑living adjustment (COLA) for child care and State Preschool reimbursement rates and redirecting the savings associated with this suspension for an increase to the monthly cost of care plus payments.
https://lao.ca.gov/Publications/Report/5168

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

Feb 23, 2026 - Beginning in April 2023, fines accrued for each of five key classifications (psychiatrists, psychologists, clinical social workers, recreational therapists, and medical assistants) that did not achieve a 90 percent fill rate .
https://lao.ca.gov/Publications/Report/5137

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: Department of Developmental Services

Mar 13, 2026 - In 2023, the Legislature codified several efforts to make processes across RCs more consistent in order to improve access to services statewide (Chapter  192 of 2023 [S B  138 , Committee on Budget and Fiscal Review]).
https://lao.ca.gov/Publications/Report/5157

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - If people in other states were allowed to provide tele ‑mental health services in California prisons, the state might be able to attract qualified candidates living in lower ‑cost ‑of ‑living areas with higher pay, while still allowing them to maintain their residency in other states.
https://lao.ca.gov/Publications/Report/5134

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - In 2023, the Legislature approved the administration ’s request to transition most of the office ’s employees to traditional civil service status, which required standardization of various processes such as hiring and employee classifications.
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: Estimated State Savings From Proposition 47

Feb 23, 2026 - Figure 1 Administration Projects Decrease in Proposition 47 Savings Due to Proposition 36 2023 ‑24
https://lao.ca.gov/Publications/Report/5108