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: Computer Science Supplementary Authorization

Mar 6, 2026 - However, based on our analysis, the $5,000 teachers receive under the current grants —$2,500 from the state and $2,500 from the district match —are sufficient to cover the costs of obtaining an authorization.
https://lao.ca.gov/Publications/Report/5153

California Community Colleges Federal Funds: Student Financial Aid [EdBudget]

Jan 29, 2026 - All data in this table is from the CCC Chancellor's Office's Financial Aid Summary Report as of January 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

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

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
https://lao.ca.gov/Publications/Report/5106

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - DDS indicated that it has already been working with DHCS to match information across each department ’s records with the goal of automatically exempting all 15,000 adult DDS consumers in the income eligibility pathway from the new requirements.
https://lao.ca.gov/Publications/Report/5157

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - While the proposal attempts to magnify the potential effect of incentives by requiring manufacturers to provide a dollar ‑for ‑dollar match, the incentive amount likely still would be relatively small.
https://lao.ca.gov/Publications/Report/5140

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - By 2030 ‑31, when all current grantees would have exhausted their one ‑time funding, assuming community school grant rates receive COLA, we estimate ongoing costs for funding all eligible schools would be a few hundred million dollars higher than the funding provided under the proposal.
https://lao.ca.gov/Publications/Report/5131

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