How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

2025-26 Changes in Proposition 98 Spending [EdBudget]

Nov 7, 2025 - 2025-26 Changes in Proposition 98 Spending [EdBudget] $114,558 a Primarily reflects removal of 2024-25 one-time funds. b The 2025-26 budget package uses funding from the Proposition 98 reserve to cover $405 million in K-12 costs and $50 million in community college costs. c Reflects additional LCFF costs associated with serving more students in transitional kindergarten, including costs of
https://lao.ca.gov/Education/EdBudget/Details/1007

The 2026-27 Budget: Child Welfare

Mar 3, 2026 - Family First Prevention Services State Block Grant $222.4 million one ‑time in 2021 ‑22, available through June 30, 2028. Complex Care Needs: $18.1 million ongoing beginning in 2021 ‑22. County Capacity Building $43.2 million one ‑time in 2021 ‑22, available through June 30, 2026.
https://lao.ca.gov/publications/report/5147

Implementing California’s Child Welfare Prevention Services Program

Jan 28, 2026 - Namely, for any new services added to the plan that are rated as supported or promising, DSS would need to ensure that at least 50  percent of Title IV ‑E dollars are claimed for well ‑supported services.
https://lao.ca.gov/Publications/Report/5106

The 2021-22 Budget: Public School Restrooms Feminine Hygiene Products Mandate

Mar 1, 2021 - In May 2019, the Commission found that requirements added by Chapter   687 o f 2017 (A B  10 , C. Garcia) impose a reimbursable state ‑mandated program, beginning January 1, 2018. The mandate requires certain schools to stock 50  p ercent of restrooms with feminine hygiene products (defined as tampons and sanitary napkins) at all times at no cost to students.
https://lao.ca.gov/Publications/Report/4392

2026-27 Changes in Proposition 98 Spending [EdBudget]

Jan 23, 2026 - 2026-27 Changes in Proposition 98 Spending [EdBudget] $125,480 a Applies to Child Nutrition, Special Education, and K-12 Mandates Block Grant.  b Reflects additional LCFF costs associated with serving more students in transitional kindergarten, including costs of lower transitional kindergarten staffing ratios. c Applies to Special Education, State Preschool, Child Nutrition,
https://lao.ca.gov/Education/EdBudget/Details/1067

The 2023-24 Budget: One-Time K-12 Spending Proposals

Feb 16, 2023 - Teachers with credentials in other subject areas can provide reading intervention services if they obtain either a Reading and Literacy Added Authorization (RLAA) or a Reading and Literacy Leadership Specialist (RLLS) credential.
https://lao.ca.gov/Publications/Report/4688

Major Proposition 98 Spending Proposals [EdBudget]

Jan 23, 2026 - Major Proposition 98 Spending Proposals [EdBudget] Total Spending Proposals $10,910 a Applies to Special Education, State Preschool, Child Nutrition, Equity Multiplier, K-12 Mandates Block Grant, Charter School Facility Grant Program, Foster Youth Services Coordinating Program, Adults in Correctional Facilities, American Indian Education Centers, Child and Adult Care Food
https://lao.ca.gov/Education/EdBudget/Details/1064

The 2026-27 Budget: CalWORKs

Feb 18, 2026 - Finally, the state can transfer up to 10  percent of its annual TANF block grant to the SSBG, to be used for a variety of purposes, such as providing developmental services through Regional Centers. TANF and Related MOE Spending Involve More Than Just CalWORKs.
https://lao.ca.gov/Publications/Report/5122