The 2026-27 Budget: California State University

Feb 24, 2026 - From 2019 ‑20 to 2024 ‑25, CSU ’s debt service for state ‑approved projects grew from $295  million to $365  million (23  percent). (These amounts include debt service on university bonds as well as state bonds issued before 2014 ‑15.)
https://lao.ca.gov/Publications/Report/5142

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

Restrictions on certain oil drilling permits (Amendment #1). [Ballot]

Sep 21, 2023 - In 2022, the Legislature passed and the Governor signed into law Chapter 365 of 2022 (SB 1137, Gonzalez), which restricts CalGEM from issuing certain oil well permits within desig nated health protection zones.
https://lao.ca.gov/BallotAnalysis/Initiative/2023-014

The 2021-22 Budget: UC Programs in Medical Education

Feb 26, 2021 - In 2020 ‑21, 365 students (around 10  p ercent of all medical school students) enrolled in PRIME programs. PRIME students receive a minimum of four years of training, the same length as their other medical school peers.
https://lao.ca.gov/Publications/Report/4389

Time limits, environmental reviews, and judicial reviews for certain types of infrastructure projects. [Ballot]

Dec 10, 2025 - For ex ample, it would allow lead agencies 90 business days to determine if a project is exempt from environmental review and 365 business days to determine whether to certify an EIR. Sec ond, the measure provides the project applicant with options should the lead agency fail to meet the time limits.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-023

The 2022-23 Budget: Analysis of Child Welfare Proposals and Program Implementation Updates

Feb 22, 2022 - Pre ‑approval funding for emergency caregivers, beyond 365 days 1.3 — — DSS did not track how many families received rate flexibilities (rather, the department receives aggregated claims data from counties).
https://lao.ca.gov/Publications/Report/4558

The 2022-23 California Spending Plan: Human Services

Oct 21, 2022 - Specifically, budget language amends statute to allow state assistance to be provided to emergency caregivers prior to their completion of the RFA process, for up to 120 days (or 365 days in cases where a good cause extension is warranted) on an ongoing basis.
https://lao.ca.gov/Publications/Report/4640/4

The 2022-23 California Spending Plan: Higher Education

Oct 4, 2022 - These program changes are projected to lead to a net increase of 150,000 award offers in 2024-25, at an estimated additional net cost of $365  million. Trigger Provision Also Affects Cal Grant Eligibility at Private Nonprofit Institutions.
https://lao.ca.gov/Publications/Report/4632