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 2021-22 Budget: UC Programs in Medical Education

Feb 26, 2021 - In 2020 ‑21, 365 students (around 10  p ercent of all medical school students) enrolled in PRIME programs. PRIME students receive a minimum of four years of training, the same length as their other medical school peers.
https://lao.ca.gov/Publications/Report/4389

The 2026-27 Budget: California State University

Feb 24, 2026 - From 2019 ‑20 to 2024 ‑25, CSU ’s debt service for state ‑approved projects grew from $295  million to $365  million (23  percent). (These amounts include debt service on university bonds as well as state bonds issued before 2014 ‑15.)
https://lao.ca.gov/Publications/Report/5142

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

The 2025-26 Budget: California State Library

Mar 7, 2025 - For example, employees might inadvertently make mistakes, such as accidently clicking on a malicious link or downloading harmful ma terials. The California Department of Technology (CDT) also conducted an assessment.
https://lao.ca.gov/Publications/Report/5013

Assessment of CSU’s Graduation Initiative 2025

Dec 10, 2025 - Moreover, CSU ’s allocation factors have varied from strongly linked with program objectives (for example, Pell Grant counts) to not linked (for example, providing a flat amount to every campus regardless of need or performance).
https://lao.ca.gov/Publications/Report/5099

The 2026-27 Budget: California Community Colleges

Mar 5, 2026 - Under SCFF, districts receive apportionment funding for regular credit courses based on three components: (1)  a base allocation linked to  enrollment, (2)  a supplemental allocation linked to low ‑income student counts, and (3)  a student success allocation linked to specified student outcomes.
https://lao.ca.gov/Publications/Report/5150

Home Price Update: October 2021 [EconTax Blog]

Nov 18, 2021 - Previous recessions have had disparate effects on home prices: they were largely unaffected by the collapse of the dot-com bubble in 2001, while in the late 2000s the collapse of the housing bubble was the single biggest factor that led to the financial crisis.
https://lao.ca.gov/LAOEconTax/Article/Detail/714