The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - Even with out repayment, that fund would have more than enough to cover its expenditures, with an estimated ending balance of $95  million (22 months of expenditures) in 2025-26. Proposal Would Not Address BPPE ’s Underlying Structural Deficit.
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - In 2025-26, the state maintained $5.5  million General Fund for Learning Lab but indicated intent to end the program in 2026-27. Beyond state support, Learning Lab has received a total of about $400,000 in one-time funding from philanthropic organizations (used mostly for convenings and faculty development).
https://lao.ca.gov/Publications/Report/5171

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - In January 2017, CCI was ended, effectively eliminating the 2012 MOE. In response to this elimination, a new county IHSS MOE was  established in July 2017 —referred  to as the 2017 IHSS MOE. Under the new 2017 IHSS MOE, the counties ’ share of IHSS costs were reset to roughly reflect the counties ’ share of estimated 2017 ‑18 IHSS costs based on historical county cost ‑sharing
https://lao.ca.gov/Publications/Report/5166

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - Two major water projects —the state ‑run SWP and the federally run CVP —operate pumps at the southern end of the Delta to move water into canals which convey it to the Central Valley, coastal regions, and Southern  California.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Agreements that are less than five years old have not reached the end of their initial agreement period and thus have lower recapture rates (shown in the shaded grey area). High Recapture Rate Can be Seen as a Feature … On one hand, high recapture rates can be seen as not a significant issue, and even a sign that the program is working as intended: Companies are incentivized by a
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Of the ten new projects included in the Governor ’s budget, five have local contributions of between 25  percent and 35  percent —the low end of the allowable range. This is a departure from previous years, in which most projects have had local contributions covering roughly half of total project costs.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - The next formal status report on the work stemming from the BCG contract will not be provided until February 2027 —after the contract has ended and after much of the work will have been set in motion.
https://lao.ca.gov/Publications/Report/5156

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: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - The drawback of the Governor ’s proposed language is that, even if it were clear ahead of time to CDLAC and HDFC that the 50  percent set ‑aside was going to be too high in a particular year, private activity bonds could not be re ‑allocated until toward the end of the year (when CDLAC would be permitted to transfer unallocated resources to the general pool for other developers to access).
https://lao.ca.gov/Publications/Report/5154