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

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

2026-27 Changes in Proposition 98 Spending [EdBudget]

Jan 23, 2026 - LCFF = Local Control Funding Formula, COLA = cost-of-living adjustment, FCMAT = Fiscal Crisis and Management Assistance Team, and RSI = related and supplemental instruction Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/1067

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - To this end, Learning Lab awards competitive grants to intersegmental faculty teams at the University of California (UC), California State University (CSU), and California Community Colleges (CCC). Faculty teams test ways to improve learning outcomes in college-level lower division courses, including by using adaptive learning technology.
https://lao.ca.gov/Publications/Report/5171

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - For example, in the current year, DSS is working to build the capacity of local child welfare agencies to conduct timely CANS assessments and Child and Family Team meetings, in alignment with specified criteria for fidelity.
https://lao.ca.gov/publications/report/5147

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: Department of Justice

Feb 11, 2026 - A large portion of the General Fund support is used to support the Armed and Prohibited Persons System (APPS) enforcement teams, which seize firearms from people prohibited from owning or possessing them.
https://lao.ca.gov/Publications/Report/5118

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

Feb 23, 2026 - However, it excludes funding to create the resource teams that would support staff working in inpatient units. The administration indicated that the Office of the Receiver will come forward with future proposals to implement other portions of the plan—including resource teams—as needed.
https://lao.ca.gov/Publications/Report/5137

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - Because the office ’s staffing is now structured similarly to other state departments, it also needs to comply with certain standards, such as having an Equal Employment Opportunity (EEO) officer and a bargaining unit analyst in its administrative team.
https://lao.ca.gov/Publications/Report/5167