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

Nonprofit safety net health clinic expenses. [Ballot]

Sep 22, 2025 - [Ballot]  PDF Version Pursuant to Elections Code Section 9005, we have reviewed the proposed statutory initiative that would require nonprofit safety net health clinics to spend at least 90  percent of annual revenue on certain types of expenses (A.G.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-008

The 2026-27 Budget: Overview of the Governor's Budget [Publication Details]

Jan 12, 2026 - On January 9, 2026, Governor Newsom’s administration presented its proposed state budget to the California Legislature. In this report, we provide a high-level summary and our initial analysis of the Governor’s budget based on our preliminary review (as of January 10). Assembly Budget Handout (PDF) Senate Budget and Fiscal Review Handout (PDF)
https://lao.ca.gov/Publications/Detail/5101

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - On January 9, 2026, Governor Newsom’s administration presented its proposed state budget to the California Legislature. In this report, we provide a high-level summary and our initial analysis of the Governor’s budget based on our preliminary review (as of January 10). Assembly Budget Handout (PDF) Senate Budget and Fiscal Review Handout (PDF)
https://lao.ca.gov/Publications/Report/5101

Statutory initiative that would establish a statewide vote to express the intent of California voters to seek independence from the United States of America. [Ballot]

Jan 8, 2025 - [Ballot]  PDF Version Pursuant to Elections Code Section 9005, we have reviewed the proposed statutory initiative that would express the intent of California voters to seek changes in the state ’s relationship with the United States of America (A.G.
https://lao.ca.gov/BallotAnalysis/Initiative/2024-001

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

The state's initiative, referendum, and recall processes. [Ballot]

Aug 22, 2023 - Within six months from this measure 's approval by voters, the Secretary of State would be required to develop a system that allows voters to view initiative, referendum, and recall petitions on a statewide internet website and do either of the following: (1) electronically sign the petition (with necessary identifying information) via that website or (2) download, print, and sign a petition document in the "portable document format " (known as PDF).
https://lao.ca.gov/BallotAnalysis/Initiative/2023-007

The state's initiative, referendum, and recall processes. [Ballot]

Sep 27, 2021 - Within six months from this measure 's approval by voters, the Secretary of State would be required to develop a system that allows voters to view initiative, referendum, and recall petitions on a statewide internet website and do either of the following: (1) electronically sign the petition (with necessary identifying information) via that website or (2) download, print, and sign a petition document in the "portable document format " (known as PDF).
https://lao.ca.gov/BallotAnalysis/Initiative/2021-007

Proposition 4 [Ballot]

Nov 5, 2024 - Proposition 4 [Ballot]  PDF Version Proposition 4 Authorizes Bonds for Safe Drinking Water, Wildfire Prevention, and Protecting Communities and Natural Lands From Climate Risks. Legislative Statute.  
https://lao.ca.gov/BallotAnalysis/Proposition?number=4&year=2024