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

Assessment of the Strong Workforce Program

Dec 10, 2025 - Assessment of the Strong Workforce Program Career Technical Education CTE Is a Key Part of the Community Colleges ’ Mission. The CCC system consists of 115  community colleges operated by 72  locally governed districts, plus one statewide online college overseen by the system ’s Board of Governors.
https://lao.ca.gov/Publications/Report/5098

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Amid these conditions, California businesses have pared back hiring, resulting in no payroll job growth in the state so far this year. California consumers similarly are limiting spending, with sales of taxable goods flat over the last year.
https://lao.ca.gov/Publications/Report/5091

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 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - Adopt Proposals to Give the SPI Voting Rights on SBE and Community College Governing Board. We recommend adopting the proposals to make the SPI a voting member of the SBE and Board of Governors of the California Community Colleges.
https://lao.ca.gov/Publications/Report/5165

The 2025-26 Budget: Scholarshare Investment Board

Apr 30, 2025 - The 2025-26 Budget: Scholarshare Investment Board Scholarshare Investment Board Introduction Post Focuses on California Kids Investment and Development Savings (CalKIDS) Program. The Scholarshare Investment Board (SIB) administers the CalKIDS program, which provides college savings accounts for children.
https://lao.ca.gov/Publications/Report/5035

Options for Creating a Forestry Management Training Center

Jan 4, 2022 - For example, Reedley College (near Fresno) not only offers a two‑year degree in forestry, but also is collaborating with a local conservation corps and workforce development board on a 20‑week program to train young adults for vegetation management positions.
https://lao.ca.gov/Publications/Report/4487

The 2026-27 Budget: Permitting Support at the State Water Resources Control Board [Publication Details]

Mar 2, 2026 - The 2026-27 Budget: Permitting Support at the State Water Resources Control Board [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5144