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: 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 - The APD process allows the state to request a 90  percent match in federal funding (rather than California ’s standard 50  percent match) to design, develop, and install IT systems that enable the state to more efficiently administer Medicaid benefits.
https://lao.ca.gov/Publications/Report/5157

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: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - While the proposal attempts to magnify the potential effect of incentives by requiring manufacturers to provide a dollar ‑for ‑dollar match, the incentive amount likely still would be relatively small.
https://lao.ca.gov/Publications/Report/5140

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

California Community Colleges Federal Funds: Student Financial Aid [EdBudget]

Jan 29, 2026 - Table does not show Bureau of Indian Affairs grants, as students systemwide receive less than $1 million in total associated grant funding. a Reflects total aid awarded, including any matching funds from state or institutional sources. b Reflects amount awarded/issued for the respective year.
https://lao.ca.gov/Education/EdBudget/Details/1042

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Finally, FFPSA requires states to ensure that at least 50  percent of Title IV ‑E funding received for prevention services goes toward well ‑supported programs. (By choosing all well ‑supported programs, California is guaranteed to meet this  requirement.)
https://lao.ca.gov/Publications/Report/5106

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

Feb 4, 2026 - In these cases, the state usually reduces school spending to match the lower guarantee. In 2019 ‑20, however, the state adopted a new law prohibiting spending reductions after the fiscal year ends. This law allows the state to reduce spending during its first recalculation of the guarantee, but prevents reductions during the second recalculation at the end of the next fiscal year.
https://lao.ca.gov/Publications/Report/5110