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

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Focus Here on Major Downturns Because Short-Lived Corrections Usually Have Little Impact on Revenues. Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - School staff often do not have the skills or experience to implement key aspects of the community schools model, such as improving community eng agement and building partnerships with other local organizations.
https://lao.ca.gov/Publications/Report/5131

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - The CCC Board of Governors adopted the current scoring system in September 2020. Scoring System Includes Three Project Categories. Under its current scoring system, the Chancellor ’s Office allocates available bond funding across three project categories: life safety, modernization, and growth.
https://lao.ca.gov/Publications/Report/5159

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

Feb 4, 2026 - For any given year, the relationship between revenues and the guarantee depends on which Proposition  98 test is operative and whether another test could become operative with different inputs. In 2025 ‑26 and 2026 ‑27, Test 1 is likely to remain operative even if revenues or other inputs vary significantly from the Governor ’s budget estimates.
https://lao.ca.gov/Publications/Report/5110

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - RCs are responsible for providing assessments and diagnoses to determine eligibility; this process can include a review of an applicant ’s records as well as tests performed by doctors and/or psychologists.
https://lao.ca.gov/Publications/Report/5157

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

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - The Constitution sets forth three main tests (formulas) for calculating the Proposition  98 guarantee. Test   1 —the most commonly used test over the past 15 years —is based on a share of General Fund revenue and is unaffected by attendance.
https://lao.ca.gov/Publications/Report/5100

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

Feb 23, 2026 - If people in other states were allowed to provide tele ‑mental health services in California prisons, the state might be able to attract qualified candidates living in lower ‑cost ‑of ‑living areas with higher pay, while still allowing them to maintain their residency in other states.
https://lao.ca.gov/Publications/Report/5137

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Federal Government Required to Provide Annual Cost-of-Living Adjustment (COLA) to SSI Grants … The federal government is required to provide an annual COLA each January to the SSI portion of the grant.
https://lao.ca.gov/Publications/Report/5148