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: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Specifically, at the county level, DSS compares the maximum SSI/SSP grant amount for individuals to the FMR of an efficiency unit (an apartment unit with no separately enclosed bedroom, similar to a studio apartment) and the maximum SSI/SSP grant amount for couples to the FMR of a one-bedroom unit.
https://lao.ca.gov/Publications/Report/5148

University of California Funding by Source [EdBudget]

Feb 13, 2026 - University of California Funding by Source [EdBudget] 8.2% a Includes funds that UC uses for tuition discounts and waivers. b Includes a portion of overhead funding on federal and state grants and a portion of patent royalty income. c A FTE student equates to 30 credit units for an undergraduate and 24 credits units for a graduate student.
https://lao.ca.gov/Education/EdBudget/Details/1043

Enrollment by Higher Education Segment [EdBudget]

Feb 5, 2026 - For undergraduate education at CSU and UC, 1 FTE student is 30 credit units. For graduate education at CSU, UC, and CLSF, 1 FTE student is 24 credit units. CLSF enrollment reflects resident enrollment in its juris doctor program. a Reflects the net change after accounting for the proposed 0.5 percent systemwide enrollment growth together with all other enrollment
https://lao.ca.gov/Education/EdBudget/Details/1035

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

Mar 19, 2026 - Moreover, our review found that LCI ’s proposed total of 20 IT staff positions is not out of line with the size of IT units at other comparable state departments. Existing Positions Supported by Limited-Term Funding.
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - In large part due to this cost differential, currently only a small share —less than 2   percent —of aviation fuel used in the United States is SAF. SAF Production Occurs Alongside Other Renewable Fuels.
https://lao.ca.gov/Publications/Report/5139

The 2026-27 Budget: County Administration and H.R. 1 Implementation

Mar 5, 2026 - One common challenge with HHS administration budgeting methodologies is that estimated unit costs and other assumptions can become outdated because of inflation or changes in processes or program requirements.
https://lao.ca.gov/Publications/Report/5149

The 2026-27 Budget: Permitting Support at the State Water Resources Control Board

Mar 2, 2026 - CWA = Clean Water Act; WOTUS = Waters of the United States; WDRs = Waste Discharge Requirements; and NPDES = National Pollutant Discharge Elimination System. How Waters Are Defined Affects How They Are Regulated.
https://lao.ca.gov/Publications/Report/5144