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

Mar 9, 2026 - California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - California 's progressive income tax system is heavily reliant on stock market earnings because the state has concentrated its tax collections among high-income earners whose incomes are most tied to the stock market through capital gains, equity compensation, and investment returns.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Introduction Post Focuses on Community College Capital Outlay Projects. In this post, we first provide background on facilities and capital outlay financing at CCC. We then describe the Governor ’s proposals to provide Proposition  2 bond funding for many new and continuing CCC capital outlay projects, assess those proposals, and provide an associated recommendation.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: Community College Facilities [Publication Details]

Mar 17, 2026 - This post assesses the Governor’s proposals to fund the second batch of community college capital outlay projects under Proposition 2, an education facilities bond.
https://lao.ca.gov/Publications/Detail/5159

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 Highway Patrol Proposals [Publication Details]

Mar 6, 2026 - In this post, we assess the Governor's California Highway Patrol budget proposals for (1) equipment and operating costs and (2) capital outlay projects.
https://lao.ca.gov/Publications/Detail/5152

The 2026-27 Budget: California Highway Patrol Proposals

Mar 6, 2026 - Capital Outlay Projects Governor ’s Proposal Proposes $2.3  Million General Fund for CHP Capital Outlay. The Governor proposes one-time General Fund for two capital outlay-related activities in 2026-27: CHP Field Office Planning and Site Identification.
https://lao.ca.gov/Publications/Report/5152

The 2026-27 Budget: California State University

Feb 24, 2026 - Recommend Earmarking a Share of Any Ongoing Base Increase for Capital Outlay. If  CSU were to receive a base General Fund increase and designate none of it for capital improvements, its backlog would continue to grow, and facility conditions would worsen.
https://lao.ca.gov/Publications/Report/5142

The 2026-27 Budget: University of California

Feb 26, 2026 - Recommend Earmarking a Share of Any Ongoing Base Increase for Capital Outlay. If UC were to receive a base General Fund increase and designate none of it for capital improvements, its facility conditions would worsen and backlog of projects would continue to grow.
https://lao.ca.gov/Publications/Report/5143

California State University Capital Outlay Projects [EdBudget]

Mar 26, 2026 - California State University Capital Outlay Projects [EdBudget] $628,800 $650,435 a Reflects amount of university revenue bonds authorized to support projects. Annual debt service costs, which CSU will pay using its General Fund support, is estimated to be $50 million. b The campus is anticipated to contribute $12 million for this project.
https://lao.ca.gov/Education/EdBudget/Details/1082