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

Mar 9, 2026 - How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog] How Have Past Stock Market Downturns Affected Income Tax Revenue? March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog] How Have Past Stock Market Downturns Affected Income Tax Revenue? March 9, 2026 Chas Alamo State Budget Is Heavily Reliant on Stock Market Earnings.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - The 2026-27 Budget: How to Use One-Time Revenue Improvements The 2026-27 Budget How to Use One-Time Revenue Improvements Recent stock market performance continues to boost income tax collections. In our Fiscal Outlook , we strongly advised the Legislature to treat near-term strength in tax collections as temporary because we expect these gains to reverse.
https://lao.ca.gov/Publications/Report/5133

The 2026-27 Budget: How to Use One-Time Revenue Improvements [Publication Details]

Feb 20, 2026 - The 2026-27 Budget: How to Use One-Time Revenue Improvements [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5133

Prohibit new taxes on financial assets and other personal property. [Ballot]

Jan 27, 2026 - An example is a tax on money someone earned two years ago. Fiscal Effect Possibility That Tax Revenues Will Be Lower in the Future. The measure restricts the options the state and local governments have to raise taxes in the future.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-041

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

Elections and the initiative process. [Ballot]

Mar 23, 2026 - Of this new revenue each year, (1) $40  million would be transferred to the state General Fund; (2)  of the remaining amount, hundreds of millions of dollars would pay for county and state elections administration costs; and (3)  all of the remaining billions of dollars would be used to supplement compensation earned by specified state and local government employees for their work related to the citizen initiative process.
https://lao.ca.gov/BallotAnalysis/Initiative/2026-001

Oversight of certain nonprofit charities and related entities. [Ballot]

Jan 20, 2026 - These costs would vary from year-to-year, but would likely range from the millions of dollars to the tens of millions of dollars annually —but could reach into the low hundreds of millions of dollars annually.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-032

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - Efficiency allows government to better allocate limited resources (for example, taxpayer dollars, personnel, or time) to deliver services to the public. As such, identifying ways for state programs to operate more efficiently should be a goal of regular internal administrative review and legislative oversight.
https://lao.ca.gov/Publications/Report/5156

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - The department has stated that its goal is to have as many providers as possible earn the quality payments, but it has not yet discussed how it might approach circumstances in which providers do not achieve them.
https://lao.ca.gov/Publications/Report/5157