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

The 2026-27 Budget: Judicial Branch

Feb 11, 2026 - In combination, as shown in Figure  3 , it makes it likely that at least $21  billion could be needed to complete the list of 80 projects. These costs will likely continue to increase over time due to inflation and various other factors.
https://lao.ca.gov/Publications/Report/5113

California Community Colleges Federal Funds: Student Financial Aid [EdBudget]

Jan 29, 2026 - California Community Colleges Federal Funds: Student Financial Aid [EdBudget] $465 23% Notes: For community colleges, the bulk of federal funding (more than 80 percent in 2023-24) is for student financial aid.
https://lao.ca.gov/Education/EdBudget/Details/1042

Disabled Veteran Business Enterprise Program Review [Publication Details]

Dec 2, 2025 - Disabled Veteran Business Enterprise Program Review [Publication Details] Description: As required by Chapter 80 of 2020 (SB 588, Archuleta), this brief reviews California’s Disabled Veteran Business Enterprise (DVBE) program.
https://lao.ca.gov/Publications/Detail/5095

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

Disabled Veteran Business Enterprise Program Review

Dec 2, 2025 - Chapter   80 of 2020 (S B   588 , Archuleta) —which, among other things, directs state entities to withhold up to $10,000 from the final payment otherwise due to a prime contractor if that prime contractor does not certify various pieces of DVBE ‑related information.
https://lao.ca.gov/Publications/Report/5095

The 2025-26 California Spending Plan: Proposition 4

Oct 16, 2025 - The budget package also authorizes nearly 80 new positions across 12 departments to administer Proposition  4-funded programs, as displayed in Figure  2. As shown, the number of new positions range from 13 at the Department of Conservation to one each at the Tahoe Conservancy and California Conservation Corps.
https://lao.ca.gov/Publications/Report/5076

The 2025-26 California Spending Plan: Child Care and State Preschool

Nov 14, 2025 - (The per-child rate for three-year olds is 80  percent higher than the rate for four-year olds.) The costs associated with these increases are covered with unallocated State Preschool funds. Reduces Emergency Child Care Bridge Program Funding.
https://lao.ca.gov/Publications/Report/5088

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - Individuals must generally work, study, or volunteer at least 80  hours per month, or meet an earnings threshold (about $580 per month, equivalent to 80 hours at the federal minimum wage) unless they qualify for certain exemptions (such as having young children or being medically frail).
https://lao.ca.gov/Publications/Report/5146