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

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

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - Continuum of Care Reform (CCR) is a series of state legislation enacted over the past decade making fundamental changes to the way the state cares for youth in the foster care system. As part of implementing CCR, the state developed a new foster care maintenance payment rate structure to replace the previous age-based and group home rate structure.
https://lao.ca.gov/publications/report/5147

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - Phase One. In February 2026, OES reports it will execute an interim contract to move the dispatch centers that are currently using regional Next Generation 911 networks for voice calls to a statewide provider within 90  days.
https://lao.ca.gov/Publications/Report/5145

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - For each workstream, the contract outlines a series of deliverables or milestones that the contractor would be required to meet over the course of a 28-week period as well as the amount of payment it would receive in exchange for doing so.
https://lao.ca.gov/Publications/Report/5156