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: California Department of Corrections and Rehabilitation

Feb 23, 2026 - This includes: $4.8  million for 50 medical assistants in 2026 ‑ 27 —a one ‑to ‑one ratio of provider to medical assistant —who will be at the prisons setting up equipment and observing patients during tele ‑mental health appointments.
https://lao.ca.gov/Publications/Report/5137

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - 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. Effects of Community Schools Model Research Finds Benefits to Community Schools Model.
https://lao.ca.gov/Publications/Report/5131

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

The 2026-27 Budget: California Department of Corrections and Rehabilitation [Publication Details]

Feb 23, 2026 - This brief provides our analysis of the Governor’s 2026-27 budget proposals related to California Department of Corrections and Rehabilitation.
https://lao.ca.gov/Publications/Detail/5137

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - Programs That Can Generate More Than One Unit of ADA Per Student. In general, a student cannot generate more than one unit of ADA from attending school for a full academic year. However, state law provides exceptions for some specific programs —such as juvenile court schools and Extended School Year services for special education students —that operate longer than a traditional 180 ‑day school year.
https://lao.ca.gov/Publications/Report/5100

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - CCC faculty receive a certain number of flex days so they can take time outside of teaching to pursue professional development activities, including developing new course designs, tools, and materials.
https://lao.ca.gov/Publications/Report/5171

The 2026-2027 Budget: California Cannabis Control Appeals Panel Permanent Funding Request

Feb 11, 2026 - January 1, 2026, was the last day for most provisional licenses to be in effect. The transition away from provisional licenses does appear to have increased the number of cases eligible for appeal to CCAP (somewhat).
https://lao.ca.gov/Publications/Report/5119

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - Administration Requests One ‑Time Funding to Continue Planning for LOIS in 2026 ‑27. The Governor ’s budget proposes $5.7  million one ‑time General Fund to continue the PAL process for LOIS. At the time of this report, DDS was working to complete Stage 2 of the PAL process, or the Alternatives Analysis.
https://lao.ca.gov/Publications/Report/5157