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

Mar 9, 2026 - This dynamic may be especially notable today. The current run-up in stock prices is similarly concentrated in Silicon Valley technology companies, raising the risk of an outsized revenue loss if that market corrects sharply.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - This dynamic may be especially notable today. The current run-up in stock prices is similarly concentrated in Silicon Valley technology companies, raising the risk of an outsized revenue loss if that market corrects sharply.
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - The APD process allows the state to request a 90  percent match in federal funding (rather than California ’s standard 50  percent match) to design, develop, and install IT systems that enable the state to more efficiently administer Medicaid benefits.
https://lao.ca.gov/Publications/Report/5157

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Many counties stated that they already have spent all or most of their state block grant dollars—prior to being able to claim any Title IV‑E matching funds for eligible EBPs. Because federal reimbursement for prevention services will require $1 local funding to match every $1 of federal monies claimed—and given the constraints and complexities of counties’ local
https://lao.ca.gov/Publications/Report/5106

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: County Administration and H.R. 1 Implementation

Mar 5, 2026 - To what extent are realignment funds used to support CalFresh administration today versus other county funds? How will increased county costs for CalFresh administration under H.R.  1 affect efforts to reduce payment error rates?
https://lao.ca.gov/Publications/Report/5149

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

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - Recent Caseload Growth Has Matched Historic Highs. As seen in Figure  3 , IHSS caseload has grown significantly since 2013. Despite slower caseload growth between 2016 ‑17 and 2020 ‑21 (the caseload continued to grow during this period, just at a slower than usual rate).
https://lao.ca.gov/Publications/Report/5166

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - As a condition of receiving CCDF, the state must comply with a number of requirements, such as providing some matching funding as well as spending at least 12 percent of CCDF funds on quality improvement activities.
https://lao.ca.gov/Publications/Report/5168

The 2026-27 Budget: University of California

Feb 26, 2026 - After accounting for workforce growth, salary growth largely matched inflation, with little to no growth in inflation ‑adjusted wages for core ‑funded employees over the past decade. Rising Pension Costs Are Due to Both Workforce Expansion and Rate Increases.
https://lao.ca.gov/Publications/Report/5143