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

A Review of State Standards and Inspections for Local Detention Facilities

Feb 16, 2021 - Working groups that are appointed by ESCs to carry out subtasks and make recommendations. For example, the ESC tasked with reviewing local detention facility standards convenes multiple working groups, each focused on a particular subject area (such as nutritional health).
https://lao.ca.gov/Publications/Report/4371

Assessment of the Strong Workforce Program

Dec 10, 2025 - In  addition to state funding, CCC receives federal funding for CTE through the Strengthening Career and Technical Education for the 21st Century Act (Perkins V). In 2025 ‑26, CCC is receiving $74  million in Perkins V funds.
https://lao.ca.gov/Publications/Report/5098

Rideshare companies. [Ballot]

Dec 17, 2025 - Drivers for rideshare companies work as independent contractors rather than employees, generally using their own v ehicles and choosing when and where to work. Most drivers for rideshare companies drive part-time and many only work for less than a year.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-028

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - As mentioned in the “Establishment of the Second California Prison Receivership ” section of this brief, CDCR is under federal court order in the Coleman  v.  Newsom case to reduce mental health vacancies.
https://lao.ca.gov/Publications/Report/5137

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

California’s relationship with the United States of America. [Ballot]

Sep 30, 2025 - Supreme Court ruled in Texas v. White that the initial act admitting a state to the Union “was final. ” The court said: “There was no place for reconsideration, or revocation, except through revolution, or through consent of the states. ” Initiatives and Constitutional Revisions.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-010

The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - It also asserts that a 2002 appellate court decision ( Howard Jarvis Association v. City of Salinas ) —which found that the city did not have sufficient fee authority to levy a stormwater fee due to the voter approval requirement —was wrongly decided.
https://lao.ca.gov/Publications/Report/5039