Changes in University of California General Fund Spending [EdBudget]

Jun 10, 2022 - Changes in University of California General Fund Spending [EdBudget] Total $1,288 a The base cut was 7.7 percent for campuses and 12.7 percent for the UC Office of the President, UCPath, and ANR division. b Augmentation is on top of ANR's restoration funds ($9.2 million) and 5 percent base increase ($3.2 million).
https://lao.ca.gov/Education/EdBudget/Details/533

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

How Does the October Inflation Report Change Our Outlook? [EconTax Blog]

Nov 16, 2022 - The Consumer Price Index for All Urban Consumers (CPI-U) increased at an annual rate of 5.3 percent in October, compared to 7.7 percent over the last year. Similarly, “core” inflation (CPI-U excluding food and energy prices) increased at an annual rate of 3.3 percent in October, compared to 6.3 percent over the last year.
https://lao.ca.gov/LAOEconTax/Article/Detail/760

The 2025-26 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Feb 13, 2025 - This decrease would bring total program funding to $11.2  billion ($3.6  billion from the General Fund and $7.7  billion federal funds) in 2025-26. The primary driver of this decrease is a decline in the projected caseload.
https://lao.ca.gov/Publications/Report/4964

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

Flexible Funding to California in the American Rescue Plan

Mar 23, 2021 - Current estimates suggest that California counties will receive $7.7  billion and California cities will receive $8.4  billion. Use of Fiscal Relief Funds Funds Must Be Used for Specific Purposes. Both the state and local governments can only use the funds for specific purposes.
https://lao.ca.gov/Publications/Report/4407

The 2023-24 Budget: College of the Law, San Francisco

Mar 8, 2023 - Altogether, the school expects its core funding to increase $5.7  million (7.7  percent). As Figure  3 shows, on a per ‑student basis, the school ’s core funding increases by nearly $3,500  (5.6  percent).
https://lao.ca.gov/Publications/Report/4732

The 2024-25 Spending Plan: Judiciary and Criminal Justice

Sep 10, 2024 - The budget provides $7.7  million in 2024-25 (decreasing to $1.8  million annually beginning in 2025-26) from the General Fund and various special funds for the continuation of two technology projects.
https://lao.ca.gov/Publications/Report/4924

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