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: 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: K-12 Proposals

Feb 19, 2026 - School staff often do not have the skills or experience to implement key aspects of the community schools model, such as improving community eng agement and building partnerships with other local organizations.
https://lao.ca.gov/Publications/Report/5131

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

Feb 23, 2026 - Finally, a Receiver can increase state costs. At a minimum, the state will continue to incur the cost to maintain the Office of the Receiver —currently $8.2  million annually —until the state exits Receivership.
https://lao.ca.gov/Publications/Report/5137

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - Such goals could include living in an apartment, getting and maintaining a job, and participating in music or art classes. Quality Incentive Payments in Place Since 2025. The final phase of rate reform has been implemented since January 2025.
https://lao.ca.gov/Publications/Report/5157

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

Mar 3, 2026 - Federal Government Required to Provide Annual Cost-of-Living Adjustment (COLA) to SSI Grants … The federal government is required to provide an annual COLA each January to the SSI portion of the grant.
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: Proposed Elimination of State Environmental Positions

Feb 17, 2026 - The Governor ’s budget released in January assumes all the residual positions are eliminated and, accordingly, scores associated annual savings in both 2025-26 and 2026-27. For environmental positions, this amounts to annual savings of about $71  million (about $32  million General Fund).
https://lao.ca.gov/Publications/Report/5124

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Finally, agreements include recapture provisions that allow GO-Biz to reduce or reclaim credits if recipients fail to meet hiring or investment commitments. Empirical Evidence Points to Effectiveness of Tax Credit for Job Creation.
https://lao.ca.gov/Publications/Report/5162