The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - The other $87  million was for the construction phase of a previously approved student housing project. This EdBudget table lists all of the Proposition 2 projects funded in 2025-26. Districts Have Submitted Many New Project Proposals for 2026-27.
https://lao.ca.gov/Publications/Report/5159

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 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - Appendix 4, Figure 3 Remaining Large One ‑Time and Temporary Augmentations From the 2021 ‑22 and 2022 ‑23 Budget Packages: Health and Human Services General Fund (In millions) Service provider rate reform acceleration $34 Workforce stability initiative and administrative costs 1 Continue the Coordinated Family Support pilot program 11 Modernizing the Older Californians
https://lao.ca.gov/Publications/Report/4788/4

The 2024-25 Budget: Department of Justice

Feb 9, 2024 - For example, $87  million was transferred to these four funds in 2022-23. State law specifies what types of litigation proceeds can be transferred into these funds and provides guidelines on how these proceeds are to be used.
https://lao.ca.gov/Publications/Report/4831

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 Budget: State Preschool

Apr 16, 2024 - The second payment brought 2023 ‑24 provider rates to the 87 th percentile of the RMR. (Prior to CDE action, rates for the 2023 ‑24 fiscal year were set at the 75 th percentile of the RMR.) To fund these actions, CDE used $167  million temporary COVID-19 relief funds that were set to expire and $265  million Proposition  98 from the set-aside for collective bargaining.
https://lao.ca.gov/Publications/Report/4894

The 2025-26 Budget: College of the Law, San Francisco

Mar 10, 2025 - It estimates core operating costs total $87  million, while it anticipates core revenues totaling $84  million. Recent salary enhancements and the hiring of additional lecturers and staff primarily drive the operating deficit.
https://lao.ca.gov/Publications/Report/5014

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