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

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

Feb 24, 2026 - Additionally, the administration projects the credit could grow over time, potentially reaching about $300  million annually —nearly doubling the reductions and corresponding fiscal and programmatic impacts.
https://lao.ca.gov/Publications/Report/5139

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

Housing assistance program for certain University of California employees. [Ballot]

Oct 27, 2025 - In 2022-23, UC ’s program provided 300 home loans totaling $296  million (for an average home loan of about $1  million). The loans generally cover 90  percent of the home purchase price, with the borrower making a down payment of 10  percent (rather than the more typical 20  percent).
https://lao.ca.gov/BallotAnalysis/Initiative/2025-018

The 2025-26 California Spending Plan: Proposition 4

Oct 16, 2025 - To help address the state ’s budget deficit, the Governor proposed reducing about $300  million from nine prior General Fund appropriations for environmental programs and providing at least as much funding from Proposition  4 for similar activities.
https://lao.ca.gov/Publications/Report/5076

The 2023-24 Budget: Commission on Peace Officer Standards and Training—Office of Administrative Hearing Costs

Feb 13, 2023 - Based on this research, POST estimated that 3,500 serio us misconduct cases may rise to the level of decertification annually, with approximately 300 to 350 being contested and a hearing set with OAH.
https://lao.ca.gov/Publications/Report/4677

A Review of State Standards and Inspections for Local Detention Facilities

Feb 16, 2021 - Since 2007, the state has authorized lease revenue bonds of about $2. 5  b illion to fund the construction and modernization of jails and $ 300  m illion for juvenile facilities. Other State Assistance for Local Detention Facilities.
https://lao.ca.gov/Publications/Report/4371

Major Higher Education Budget Developments [EdBudget]

Nov 5, 2025 - Reappropriates more than $300 million in unspent funds from various programs in previous years to support CCC apportionment costs. Proposes to lessen the base reductions for CSU and UC to 3 percent. Proposes $77 million augmentation for MCS in 2024-25 in response to a large increase in recipients.
https://lao.ca.gov/Education/EdBudget/Details/992

Major Higher Education Budget Developments [EdBudget]

Nov 12, 2025 - Reappropriates more than $300 million in unspent funds from various programs in previous years to support CCC apportionment costs. Proposes to lessen the base reductions for CSU and UC to 3 percent. Proposes $77 million augmentation for MCS in 2024-25 in response to a large increase in recipients.
https://lao.ca.gov/Education/EdBudget/Details/1024