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

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. 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 Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. 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: California Department of Corrections and Rehabilitation [Publication Details]

Feb 23, 2026 - This brief provides our analysis of the Governor’s 2026-27 budget proposals related to California Department of Corrections and Rehabilitation.
https://lao.ca.gov/Publications/Detail/5137

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

Feb 23, 2026 - If the Legislature chooses to provide the funding for a limited period that is longer than three years, then it could set the due date for this report such that the report would be available to inform budget deliberations prior to the expiration of the funding.
https://lao.ca.gov/Publications/Report/5137

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

Mar 18, 2026 - It will also need to ensure it continues to receive data from CDE, potentially by codifying statutory reporting requirements or adopting supplemental reporting language. Other issues may arise as the transition proceeds.
https://lao.ca.gov/Publications/Report/5165

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - February Status Report of Contract Provides Little Information. The administration submitted its first February status report of the BCG contract on February 6, 2026. This report provided little information beyond what was already included in the contract.
https://lao.ca.gov/Publications/Report/5156

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - In a 2010 report , SWRCB concluded that “current flows are insufficient.” The report also acknowledged the need for non‑flow habitat improvements, noting that flow and physical habitat measures are not interchangeable.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - RCs publish annual reports on the share of authorized services that were actually utilized, but the reporting is not consolidated across RCs statewide. Additionally, the annual reports do not break out total authorization or utilization by service type.
https://lao.ca.gov/Publications/Report/5157

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - BPPE submitted a report to the Legislature in February 2024 containing recommendations for fee increases. Consistent with that report, BPPE is now seeking legislative approval for fee increases as part of its sunset review t his spring.
https://lao.ca.gov/Publications/Report/5169

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

Mar 5, 2026 - Recommendations Direct Administration and Counties to Report on Drivers of Payment Error Rates and Plans to Manage Them. We recommend that the Legislature direct both the administration and counties to report at budget hearings on the major drivers of payment error rates and steps currently underway and future efforts to manage them in both Medi ‑Cal and CalFresh.
https://lao.ca.gov/Publications/Report/5149