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

Overview of Individuals Impacted by H.R. 1 Work Requirement Policies in Medi-Cal and CalFresh [Publication Details]

Mar 11, 2026 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5155

Overview of State Correctional Population and Spending Trends [Publication Details]

Mar 18, 2026 - Presented to: Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5161

Overview of Homeless Housing, Assistance, and Prevention Program Funding and Accountability [Publication Details]

Feb 18, 2026 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5123

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

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - California New Car Registrations: February 2026 [EconTax Blog] California New Car Registrations: February 2026 April 7, 2026 Seth Kerstein As discussed in an earlier post , new car purchases can be a useful, timely economic indicator.
https://lao.ca.gov/LAOEconTax/Article/Detail/855

California New Car Registrations: February 2026 [EconTax Blog]

Apr 7, 2026 - California New Car Registrations: February 2026 [EconTax Blog] California New Car Registrations: February 2026 April 7, 2026 Seth Kerstein As discussed in an earlier post , new car purchases can be a useful, timely economic indicator.
https://lao.ca.gov/LAOEconTax/article/Detail/855

Overview of Major Impacts of H.R. 1 – One Big Beautiful Bill Act [Publication Details]

Aug 20, 2025 - Assembly Budget Subcommittee No. 7 on Accountability and Oversight
https://lao.ca.gov/Publications/Detail/5067

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - The Governor ’s budget also maintains a $7  billion withdrawal from the BSA in 2025-26. If a May Revision windfall exceeds the amount needed to fund the true up, we recommend the Legislature use those resources to reduce the size of this withdrawal.
https://lao.ca.gov/Publications/Report/5133