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

The 2025-26 Budget: Higher Education Overview

Feb 6, 2025 - Recommend Signaling More Realistic Budget Expectations for CSU and UC in 2026 ‑27. To balance the budget in 2024 ‑25, the state applied small General Fund reductions to CSU and UC. At  the same time, the state provided a clear signal to CSU and UC that they were to begin planning for deeper base reductions in 2025 ‑26.
https://lao.ca.gov/Publications/Report/4957

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - Alternative Household Survey Now Signaling Similar Softness. An alternative measure of the state 's labor market, the monthly household survey, has been more upbeat than the business survey for most of 2025.
https://lao.ca.gov/LAOEconTax/Article/Detail/839

California Labor Market Showing Broad Signs of Weakness [EconTax Blog]

Sep 30, 2025 - Alternative Household Survey Now Signaling Similar Softness. An alternative measure of the state 's labor market, the monthly household survey, has been more upbeat than the business survey for most of 2025.
https://lao.ca.gov/LAOEconTax/article/Detail/839

The 2026-27 Budget: Higher Education Overview

Feb 5, 2026 - New Higher Education Spending Is at Risk Given Stock Market Signals. The administration ’s higher revenue estimates are mainly driven by strong stock market performance. Certain factors signal the stock market might be approaching a peak.
https://lao.ca.gov/Publications/Report/5112

The 2023-24 Budget: California State University

Feb 7, 2023 - Recommend Also Signaling Enrollment Growth Intentions for 2024 ‑25. Given the timing of the admissions cycle, we recommend the Legislature also signal any intent for additional enrollment growth in 2024 ‑25 in the 2023 ‑24 Budget Act .
https://lao.ca.gov/Publications/Report/4671

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - There also are a number of other refiners in the United States that currently produce RD and could, with the purchase of some ad ditional equipment, be converted to produce SAF in addition to, or instead of, RD.
https://lao.ca.gov/Publications/Report/5139

Artificial intelligence and child safety. [Ballot]

Jan 27, 2026 - Under this law, certain operating system providers and application stores must provide age-range signals —information indicating a user ’s general age category (for example, under 13, 13-17, or 18+) —that application developers can use to apply age-based requirements.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-036

California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - California Community Colleges Capital Outlay Projects [EdBudget]     a Community college districts issue local general obligation bonds to pay for a share of project costs. b Proposition 51 (2016) bond funds. c The performance criteria phase is the initial phase of this design-build project. d Replacement buildings listed in this category involve adding space. e Center operated
https://lao.ca.gov/Education/EdBudget/Details/1025