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

Mar 9, 2026 - 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 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: CalWORKs

Feb 18, 2026 - During the COVID-19 pandemic the state significantly overestimated CalWORKs caseload and spending, largely due to unprecedented federal and state policy responses that led to historically unusual enrollment trends.
https://lao.ca.gov/Publications/Report/5122

The 2026-27 Budget: California Education Learning Lab

Mar 25, 2026 - For example, CSU ’s Artificial Intelligence Educational Innovations Challenge ​ supports faculty-led projects that test new teaching methods that incorporate AI, including projects focused on STEM courses.
https://lao.ca.gov/Publications/Report/5171

The 2026-27 Budget: Department of Justice

Feb 11, 2026 - This looming insolvency of the DROS Special Account h as led to DOJ increasingly requesting General Fund resources to support firearm-related workload that can statutorily be supported by the special funds.
https://lao.ca.gov/Publications/Report/5118

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - Educational Governance and Accountability: Taking the Next Step 2025 Policy Analysis for California Education A nonpartisan research center led by faculty at Stanford University, University of California, and University of Southern California, focusing on school performance and equity issues.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - Remaining funding will support state ‑led activities, such as deferred maintenance and wildfire resilience activities at state parks and projects at the Salton Sea. In addition, some key provisions apply to all programs and projects: At least 40  percent of total funds must go to projects that benefit vulnerable populations or disadvantaged communities and at least 10  percent of total funds must go to projects that benefit severely disadvantaged  communities.
https://lao.ca.gov/Publications/Report/5115

The 2026-27 Budget: California Highway Patrol Proposals

Mar 6, 2026 - Department States That High Costs and Low Vacancy Rates Have Created Unique Cost Pressures … CHP states that it cannot depend on its historical approach to fund these activities —and therefore needs the proposed supplemental augmentation —because (1)  inflation and other costs like technology upgrades have led to uniquely higher costs, and (2)  it has comparatively lower officer
https://lao.ca.gov/Publications/Report/5152

The 2026-27 Budget: County Administration and H.R. 1 Implementation

Mar 5, 2026 - Automating verification processes and connecting with all available data sources to the extent possible is a key strategy to mitigating the risk that eligible individuals are disenrol led. In addition to automation, additional funding support for counties to allow more time to be spent with affected enrollees could also help mitigate incorrect disenrollments.
https://lao.ca.gov/Publications/Report/5149

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Consistently high recapture rates combined with a lower than usual award volume over the last few years has led to the rapid growth of the credit pool that now stands at $923  million. Expanded Credit Pool Has Pros and Cons.
https://lao.ca.gov/Publications/Report/5162