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

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - The CCC Board of Governors adopted the current scoring system in September 2020. Scoring System Includes Three Project Categories. Under its current scoring system, the Chancellor ’s Office allocates available bond funding across three project categories: life safety, modernization, and growth.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: County Administration and H.R. 1 Implementation [Publication Details]

Mar 5, 2026 - The 2026-27 Budget: County Administration and H.R. 1 Implementation [Publication Details] Description: In this brief, we assess the Governor's proposed funding for county administration of Medi-Cal and CalFresh in response to H.R. 1 and provide related recommendations.
https://lao.ca.gov/Publications/Detail/5149

The 2026-27 Budget: County Administration and H.R. 1 Implementation

Mar 5, 2026 - …While Counties Face Multiple Cost Pressures. H.R.  1 also puts strain on county finances. As counties take on an estimated $190  million in new annual CalFresh administrative costs due to H.R.  1, state revenues provided to counties through 1991 realignment do not automatically adjust upward to account for these additional costs, beyond normal growth in revenues.
https://lao.ca.gov/Publications/Report/5149

Property tax rules for inherited property. [Ballot]

Jan 21, 2026 - Beginning in 2027, the measure would allow age-eligi ble homeowners to request an exemption from their county assessor if they have lived in the home for five years or lived in the state for ten years.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-035

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Further, most SSI/SSP recipients (roughly 62  percent) live in the 16 counties with the highest FMRs, all of which are located within the coastal and San Francisco Bay regions. In all but one of these 16 counties, the maximum SSI/SSP grant for couples is less than the FMR for a one-bedroom unit (the maximum SSI/SSP grant for couples in Los Angeles is $14 above the FMR for a one-bedroom unit).
https://lao.ca.gov/Publications/Report/5148

Major Proposition 98 Spending Proposals [EdBudget]

Jan 23, 2026 - LCFF = Local Control Funding Formula, COLA = Cost-of-living adjustment, COE = county office of education, FCMAT = Fiscal Crisis Management Assistance Team, and RSI = related and supplemental instruction.
https://lao.ca.gov/Education/EdBudget/Details/1064

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - More specifically, those 65 and over with a disability impacting independent living has increased by 17  percent. The share of IHSS recipients over age 65, however, has remained a relatively consistent share of the overall IHSS population.
https://lao.ca.gov/Publications/Report/5166

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - For example, the California Department of Health Care Access and Information in 2022 estimated that there would be a shortage of psychiatrists and behavioral health providers in all 58 California counties by 2025, with 27 prisons located in counties experiencing high or severe shortages.
https://lao.ca.gov/Publications/Report/5137