The 2026-27 Budget: Proposed Elimination of State Environmental Positions

Feb 17, 2026 - For the 133 General-Funded environmental positions identified by JLBC in its nonconcurrence letter, we recommend the Legislature consider the relative merits within the context of its overall budget architecture.
https://lao.ca.gov/Publications/Report/5124

California Community Colleges Proposition 98 Spending by Program [EdBudget]

Jul 23, 2025 - For some programs, amounts decline from the previous year due to the expiration of one-time funds. a In addition to these amounts, the 2025-26 budget package reappropriates unspent Proposition 98 funds from previous years to cover some apportionment costs ($67 million in 2023-24, $110 million in 2024-25, and $133 million in 2025-26). b Reflects a deferral of $408 million in
https://lao.ca.gov/Education/EdBudget/Details/982

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 2021-22 Budget: Extended Learning and Academic Support

Jan 29, 2021 - On December 27, 2020, the President signed H.R. 133, which provides additional funding to address the COVID-19 pandemic. Most notably for schools, H.R. 133 includes additional ESSER funding, to be distributed to schools proportional to their federal Title I, Part A allocations.
https://lao.ca.gov/Publications/Report/4326

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 2023-24 Budget: Assessment of Covered California Budget Solution

Feb 13, 2023 - As part of the 2021 ‑22 budget package, Chapter  143 of 2021 (AB  133, Committee on Budget) moved $333.4  million of this freed-up General Fund to the Health Care Affordability Reserve Fund (HCARF) to support future affordability efforts in Covered California.
https://lao.ca.gov/Publications/Report/4681

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 2024-25 California Spending Plan: Health

Sep 17, 2024 - Then, the June budget shifts $265  million in Mental Health Services Fund (MHSF) support for BHBH in 2024-25 to the General Fund due to insufficient MHSF revenues, and reduces General Fund for BHBH by $133  million in 2024-25.
https://lao.ca.gov/Publications/Report/4930

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091