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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

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

Feb 24, 2026 - The only limit on the amount of credits that eligible producers could claim under the proposed policy is the amount of their California diesel excise ta x liability —currently totaling about $1.5  billion across all producers —and the amount of SAF that could be produced or imported to California.
https://lao.ca.gov/Publications/Report/5139

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - In 2025, BPPE incurred $10  million in costs associated with an employment lawsuit, consisting of a $4  million jury award to the plaintiff and $6  million in plaintiff ’s attorney fees. To cover these costs, DCA issued a $10  million loan to the BPPE Fund from the Bureau of Automotive Repair ’s High Polluter Repair or Removal Account in December 2025.
https://lao.ca.gov/Publications/Report/5169

California State University Capital Outlay Projects [EdBudget]

Mar 26, 2026 - This includes $10 million in donor support and $2 million in campus reserves. c The campus is anticipated to contribute $9.6 million in campus reserves for this project. P = preliminary plans. W = working drawings.
https://lao.ca.gov/Education/EdBudget/Details/1082

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - Background Proposition   4 Authorizes $10   Billion in General Obligation Bonds for Climate ‑Related Activities. Proposition  4 authorizes the state to sell a total of $10  billion in general obligation bonds primarily for climate ‑resilience purposes, including related to water, wildfire, and energy, among others.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - About 10  percent of program funding is used by LCI for related program administration including for various operating expenses, such as special projects and travel. Program Staff Are Mainly Responsible for Grant Management.
https://lao.ca.gov/Publications/Report/5171

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - However, following the passage of several service reductions, eligibility changes, and anti ‑fraud initiatives, the IHSS caseload actually declined year over year by 0.2  percent in 2009 ‑10 and declined again by 0.02  percent in 2011 ‑12.
https://lao.ca.gov/Publications/Report/5166

The 2026-27 Budget: Proposition 4 Spending Plan [Publication Details]

Feb 10, 2026 - The 2026-27 Budget: Proposition 4 Spending Plan [Publication Details] Description: This publication assesses the Governor’s proposed 2026-27 spending plan for Proposition 4, the $10 billion climate bond approved by voters in November 2024.
https://lao.ca.gov/Publications/Detail/5115

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - This change includes a $175  million increase in non ‑Proposition  98 General Fund, which is partially offset by a $14  million decrease in Proposition  64 funds and a $10  million decrease in federal funding.
https://lao.ca.gov/Publications/Report/5168