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

Mar 9, 2026 - Income Taxes Tend to Lag Major Market Turns by Up to a Year. State income tax growth typically lags stock market turning points by six to twelve months. Before past downturns, taxes have generally grown briskly, often due to the same stock market run-ups that preeceded the downturn.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Income Taxes Tend to Lag Major Market Turns by Up to a Year. State income tax growth typically lags stock market turning points by six to twelve months. Before past downturns, taxes have generally grown briskly, often due to the same stock market run-ups that preeceded the downturn.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - Trailer legislation specifies that this freed up funding could be used to provide grants to new community schools. The administration ind icates it plans to modify this part of the proposal in the May Revision and may allow funds to be used for a broader set of activities related to community  schools.
https://lao.ca.gov/Publications/Report/5131

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - The program provides school districts with grants of up to $2,500 per participating teacher, with a dollar-for-dollar match requirement. These funds may be used to cover the costs of coursework and instructional materials necessary for completing the authorizations.
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - Any level above that is up to the discretion of the Legislature. As a result, we consider the entire balance of the SFEU to be a discretionary choice. 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: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - Most recently, the federal Inflation Reduction Act included a tax credit of up to $7,500 per vehicle for the purchase of new light ‑duty ZEVs and up to $4,000 per vehicle for the purchase of used light ‑duty ZEVs.
https://lao.ca.gov/Publications/Report/5140

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: In-Home Supportive Services

Mar 18, 2026 - Recent Caseload Growth Has Matched Historic Highs. As seen in Figure  3 , IHSS caseload has grown significantly since 2013. Despite slower caseload growth between 2016 ‑17 and 2020 ‑21 (the caseload continued to grow during this period, just at a slower than usual rate).
https://lao.ca.gov/Publications/Report/5166

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Many counties stated that they already have spent all or most of their state block grant dollars—prior to being able to claim any Title IV‑E matching funds for eligible EBPs. Because federal reimbursement for prevention services will require $1 local funding to match every $1 of federal monies claimed—and given the constraints and complexities of counties’ local
https://lao.ca.gov/Publications/Report/5106

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