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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

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: Permitting Support at the State Water Resources Control Board

Mar 2, 2026 - Unlike dredge/fill certifications which can be approved by a regional board ’s executive officer, under current state law, state-only dredge/fill permits require a public hearing and adoption by the regional board.
https://lao.ca.gov/Publications/Report/5144

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 Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - The watershed has been reshaped by a vast network of dams, pumps, levees, reservoirs, and engineered channels to support water storage, water delivery, and flood control. These facilities alter the volume, timing, temperature, salinity, and direction of natural water flows —often with harmful consequences for aquatic and riparian habitats —and create physical barriers that impede fish migration.
https://lao.ca.gov/Publications/Report/5163

California State University Capital Outlay Projects [EdBudget]

Mar 26, 2026 - Annual debt service costs, which CSU will pay using its General Fund support, is estimated to be $50 million. b The campus is anticipated to contribute $12 million for this project. This includes $10 million in donor support and $2 million in campus reserves. c The campus is anticipated to contribute $9.6 million in campus reserves for this project.
https://lao.ca.gov/Education/EdBudget/Details/1082

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - However, as part of the Coordinated Care Initiative (CCI), the county share of cost model —which required counties to pay a certain percent of nonfederal IHSS costs —was replaced with an IHSS   MOE —which required county costs to reflect a set amount of nonfederal IHSS costs (which would be adjusted annually by a growth factor and a portion of locally negotiated wage increases).
https://lao.ca.gov/Publications/Report/5166

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - Service coordinators at RCs follow the RC ’s purchase of service policies, which must be approved by DDS, to determine which services are appropriate to help a person meet their goals in accordance with the Lanterman Act.
https://lao.ca.gov/Publications/Report/5157

Cannabis Tax Revenue Update (2025 Q4) [EconTax Blog]

Feb 26, 2026 - Looking further ahead, our preliminary revenue projection for 2026-27 is $661 million, which is $63 million above the administration ’s January forecast.  
https://lao.ca.gov/LAOEconTax/Article/Detail/851