46 Higher Education Capital Projects Approved for Debt Financing in 2023-24 [EdBudget]

Sep 14, 2023 - b Chapter 189 of 2023 (SB 104, Skinner) provides CCC with an ongoing $61.5 million non-Proposition 98 General Fund augmentation to support the financing of these projects. c Chapter 38 of 2023 (AB 102, Ting) provides CSU with an ongoing $99.7 million General Fund augmentation to support the financing of these projects. d Chapter 189 of 2023 (SB 104, Skinner)
https://lao.ca.gov/Education/EdBudget/Details/794

New Higher Education Reporting Requirements [EdBudget]

Sep 3, 2024 - New Higher Education Reporting Requirements [EdBudget] January 15 each year funding is appropriated       a BBL refers to budget bill language contained in the 2023-24 Budget Act, as enacted by Chapter 12 of 2023 (SB 101, Skinner) and amended by Chapter 38 of 2023 (AB 102, Ting) and Chapter 189 of 2023 (SB 104, Skinner).
https://lao.ca.gov/Education/EdBudget/Details/747

The 2025-26 California Spending Plan: Transportation

Oct 16, 2025 - Chapter  104 of 2025 (SB  105, Wiener) requires the Department of Finance (DOF) —in consultation with the California State Transportation Agency —to examine loans or other financing options that could be used to provide short-term financial assistance to certain transit agencies: San Francisco Bay Area Rapid Transit District, San Francisco Municipal Transportation Agency, Peninsula Corridor Joint Powers Board, and Alameda-Contra Costa Transit District.
https://lao.ca.gov/Publications/Report/5077

Major Higher Education Budget Developments [EdBudget]

Nov 12, 2025 - September Revisions: Chapters 104 and 745 Adds funding for several new one-time higher education initiatives. Redirects funding from two previous CCC initiatives to new CCC initiatives. Uses Proposition 2 bonds (rather than UC revenue bonds) to support an intersegmental student housing project involving Cabrillo College and UC Santa Cruz.
https://lao.ca.gov/Education/EdBudget/Details/1024

The 2026-27 Budget: CalWORKs

Feb 18, 2026 - The 2026-27 Budget: CalWORKs $104 1% a TANF carry ‑forward is a non ‑add item for display purposes only. This amount is included in Federal TANF block grant funds. b Less than 0.5 percent. TANF = Temporary Assistance for Needy Families.
https://lao.ca.gov/Publications/Report/5122

The 2026-27 Budget: Proposition 4 Spending Plan

Feb 10, 2026 - This amount was approved via three different 2025 budget actions: (1) $181  million provided through Chapter  2 of 2025 (A B  100 , Gabriel) (these funds were available for departments to spend during the final few months of 2024 ‑25), (2) $2.9  million through Chapter  5 of 2025 (A B  102 , Gabriel), and (3) $3.3  billion through Chapter  104 of 2025 (S B  105 , Wiener).
https://lao.ca.gov/Publications/Report/5115

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

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

The 2025-26 Budget: Food Assistance Programs

Feb 19, 2025 - As of January 2025, we understand the administration has revised the projected savings associated with the delay to $0 in 2024-25 and about $104 million General Fund in 2025-26. We are working with the administration to better understand these downward revisions.
https://lao.ca.gov/Publications/Report/4971