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

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - On  average, apportionment funding per student is higher across districts on hold harmless ($9,491) and districts on stability ($9,189), compared to districts receiving their SCFF ‑calculated amounts ($8,882).
https://lao.ca.gov/Publications/Report/5150

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Districts Have Submitted Many New Project Proposals for 2026-27. The Chancellor ’s Office indicates that districts submitted 35 eligible new project proposals for Proposition  2 bond funding in 2026-27.
https://lao.ca.gov/Publications/Report/5159

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

Mar 18, 2026 - (Two of those studies also envisioned the SPI leading state accountability efforts by compiling district performance data, flagging districts for additional support, and overseeing interventions in low ‑performing districts.)
https://lao.ca.gov/Publications/Report/5165

California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - California Community Colleges Capital Outlay Projects [EdBudget]     a Community college districts issue local general obligation bonds to pay for a share of project costs. b Proposition 51 (2016) bond funds. c The performance criteria phase is the initial phase of this design-build project. d Replacement buildings listed in this category involve adding space. e Center operated
https://lao.ca.gov/Education/EdBudget/Details/1025

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - However, based on our analysis, the $5,000 teachers receive under the current grants —$2,500 from the state and $2,500 from the district match —are sufficient to cover the costs of obtaining an authorization.
https://lao.ca.gov/Publications/Report/5153

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - This approach would provide some level of flexible base funding to all districts, while being more targeted to high UPP  districts than switching to an enrollment student count methodology. Providing funding increases through supplemental and concentration funding may be more restrictive for districts with lower UPP levels, as existing
https://lao.ca.gov/Publications/Report/5100