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

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

The 2025-26 Budget: Overview of the Governor's Budget

Jan 13, 2025 - Increases Revenue by Around $300   Million. The Governor ’s budget proposes to change the rules about how taxable profits are determined for financial institutions. The administration estimates this change would increase revenues on an ongoing basis by around $300  million per year.
https://lao.ca.gov/Publications/Report/4951