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

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - In addition, the administration estimated the state would continue to face structural deficits between $15  billion and $25  billion through  2028 ‑29. 2026 ‑27 Budget Problem Now Larger Than Anticipated.
https://lao.ca.gov/Publications/Report/5091

Home Price Update: October 2021 [EconTax Blog]

Nov 18, 2021 - Previous recessions have had disparate effects on home prices: they were largely unaffected by the collapse of the dot-com bubble in 2001, while in the late 2000s the collapse of the housing bubble was the single biggest factor that led to the financial crisis.
https://lao.ca.gov/LAOEconTax/Article/Detail/714

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - For example, registrations in January 2026 were 15 percent lower than in January 2020.  
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - For example, registrations in January 2026 were 15 percent lower than in January 2020.  
https://lao.ca.gov/LAOEconTax/article/Detail/853

A Review of State Standards and Inspections for Local Detention Facilities

Feb 16, 2021 - The standards have been revised over time —including with the addition of standards for juvenile detention facilities —and are currently codified in Titles 15 and 24 o f the California Code of Regulations.
https://lao.ca.gov/Publications/Report/4371

The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - As Figure  1 shows, expenditures from the BPPE Fund have exceeded revenues annually beginning in 2014-15. This trend is counter to the typical expectation that regulatory agencies ’ fees cover their costs.
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - The 2021-22 budget included $15  million one-time Proposition  98 General Fund for Computer Science Supplementary Authorization Incentive Grants. These funds are intended to support teachers who are pursuing computer science supplementary authorizations that allow them to teach computer science classes.
https://lao.ca.gov/Publications/Report/5153