The 2026-27 Budget: Food Assistance Programs

Feb 18, 2026 - As part of its oversight of the SNAP program, the federal government calculates the payment error rate, which measures the extent to which benefit payments are higher or lower than they should be based on individual household circumstances.
https://lao.ca.gov/Publications/Report/5126

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

Mar 5, 2026 - Research on the impacts of the SNAP work requirement indicate that it results in increased disenrollment, in part driven by otherwise eligible enrollees not complying with paperwork or tracking requirements (commonly referred to as “administrative burden ”).
https://lao.ca.gov/Publications/Report/5149

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - By most measures, the global financial crisis was more severe than the dot-com crash. The state 's unemployment rate, for example, peaked at 7 percent following the dot-com crash but reached nearly double that during the financial crisis and remained elevated for much longer.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - After the dot-com bust and the Great Recession, it took four and five years, respectively, for revenues to recover. Incorporating revenue risk into the budget now, therefore, reflects prudence, not pessimism.
https://lao.ca.gov/Publications/Report/5104

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033