How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - The Nasdaq composite, which includes the California headquartered companies Nvidia, Google, Facebook, Apple, AMD, and Broadcom, has doubled since 2023. The meteoric rise in the value of these companies has led to sizable gains for their investors and their employees via stock options, which has led income tax collections to grow at double-digit rates.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2025-26 California Spending Plan: Proposition 98 and K-12 Education

Nov 10, 2025 - The 2025-26 California Spending Plan: Proposition 98 and K-12 Education $453 STEM = Science, Technology, Engineering, and Math. Funds Teacher Residency Grant Program. The budget provides $70  million to support the expansion of teacher residency programs.
https://lao.ca.gov/Publications/Report/5087

The 2025-26 California Spending Plan: Proposition 98 and K-12 Education [Publication Details]

Nov 10, 2025 - The 2025-26 California Spending Plan: Proposition 98 and K-12 Education [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/5087

The 2023-24 California Spending Plan: Proposition 98 and K-12 Education [Publication Details]

Nov 28, 2023 - The 2023-24 California Spending Plan: Proposition 98 and K-12 Education [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/4818

The 2023-24 California Spending Plan: Proposition 98 and K-12 Education

Nov 28, 2023 - The budget package includes several other minor ongoing Proposition  98 increases in K-12 education. High Speed Network. The budget provides $3.8  million on an ongoing basis to primarily backfill the ramp down of temporary funds for K-12 High Speed Network program activities.
https://lao.ca.gov/Publications/Report/4818

The 2021-22 Spending Plan: Child Care and Preschool

Dec 17, 2021 - This post summarizes the state’s 2021-22 spending package for child care and preschool. It is part of our Spending Plan series, which contains posts focused on each major sector of the state budget.
https://lao.ca.gov/Publications/Report/4485

The 2021-22 Spending Plan: Proposition 98 and K-12 Education

Oct 25, 2021 - The 2021-22 Spending Plan: Proposition 98 and K-12 Education Ongoing data collection and program evaluations. Collecting data and conducting program evaluations. a The local match can be met either through cash contributions or through services or resources of comparable value, as determined by the California Department of Education.
https://lao.ca.gov/Publications/Report/4466

The 2026-27 Budget: K-12 Proposals [Publication Details]

Feb 19, 2026 - The 2026-27 Budget: K-12 Proposals [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/5131

The 2023-24 Budget: Proposition 98 Overview and K-12 Spending Plan

Feb 7, 2023 - The 2023-24 Budget: Proposition 98 Overview and K-12 Spending Plan Arts, Music, and Instructional Materials Discretionary Block Grant ‑$1,174 Total K ‑12 Spending Changes $5,221 a Applies to Special Education, State Preschool, Child Nutrition, K ‑12 mandates block grant, Charter School Facility Grant Program, Foster Youth Program, American Indian education programs, and Adults in Correctional Facilities.
https://lao.ca.gov/Publications/Report/4670