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: Computer Science Supplementary Authorization

Mar 6, 2026 - However, based on our analysis, the $5,000 teachers receive under the current grants —$2,500 from the state and $2,500 from the district match —are sufficient to cover the costs of obtaining an authorization.
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - On an annual basis, the California Natural Resources Agency (CNRA) must report information about projects ’ objectives; status; anticipated outcomes; expected public benefits; and other basic information such as location, cost, and matching funds.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - Trailer legislation scheduled the payment for 2014 ‑15 (later changed to 2015 ‑16). In October 2010, the state recognized a $1.8  billion increase to its previous estimate of the 2009 ‑10 guarantee. It made an initial payment of $300  million but did not schedule any future payments.
https://lao.ca.gov/Publications/Report/5110

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

California Community Colleges Federal Funds: Student Financial Aid [EdBudget]

Jan 29, 2026 - Table does not show Bureau of Indian Affairs grants, as students systemwide receive less than $1 million in total associated grant funding. a Reflects total aid awarded, including any matching funds from state or institutional sources. b Reflects amount awarded/issued for the respective year.
https://lao.ca.gov/Education/EdBudget/Details/1042

The 2026-27 Budget: CDTFA’s Cannabis and Tobacco Programs

Feb 23, 2026 - Under the Governor ’s budget proposal for the Cannabis Tax Program, this appropriation would increase to match current program spending. Administration Has Been Spending General Fund on Cannabis Tax Enforcement.
https://lao.ca.gov/Publications/Report/5132

The 2026-27 Budget: University of California

Feb 26, 2026 - After accounting for workforce growth, salary growth largely matched inflation, with little to no growth in inflation ‑adjusted wages for core ‑funded employees over the past decade. Rising Pension Costs Are Due to Both Workforce Expansion and Rate Increases.
https://lao.ca.gov/Publications/Report/5143

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - The APD process allows the state to request a 90  percent match in federal funding (rather than California ’s standard 50  percent match) to design, develop, and install IT systems that enable the state to more efficiently administer Medicaid benefits.
https://lao.ca.gov/Publications/Report/5157