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 2025-26 Budget: Department of Developmental Services [Publication Details]

Mar 5, 2025 - This brief provides a short summary of the Governor’s proposed budget for the Department of Developmental Services (DDS) before addressing four issues that warrant legislative oversight: (1) quality incentives as part of service provider rate reform, (2) the Master Plan for Developmental Services, (3) DDS’s ongoing information technology project, and (4) the phaseout of subminimum wage employment.
https://lao.ca.gov/Publications/Detail/5008

The 2025-26 Budget: Department of Developmental Services

Mar 5, 2025 - The bill required the State Council on Developmental Disabilities (SCDD) to establish a multiyear plan for phasing out the use of 14(c) certificates in California. By the end of the multiyear plan (once 14(c) certificates are phased out), any DDS consumers who are employed must be paid at least minimum wage.
https://lao.ca.gov/Publications/Report/5008

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

California State University Capital Outlay Projects [EdBudget]

Mar 26, 2026 - This includes $10 million in donor support and $2 million in campus reserves. c The campus is anticipated to contribute $9.6 million in campus reserves for this project. P = preliminary plans. W = working drawings.
https://lao.ca.gov/Education/EdBudget/Details/1082

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Figure 3 Governor ’s Budget Funds Continuing CCC Capital Outlay Projects Proposition 2 Bond Funds (In Thousands) College Advanced transportation and manufacturing building replacement C Career technical education building replacement C Center for Student Success replacement C Gymnasium and locker room replacement C Long Beach
https://lao.ca.gov/Publications/Report/5159

California Community Colleges Capital Outlay Projects [EdBudget]

Mar 10, 2026 - California Community Colleges Capital Outlay Projects [EdBudget]     a Community college districts issue local general obligation bonds to pay for a share of project costs. b Proposition 51 (2016) bond funds. c The performance criteria phase is the initial phase of this design-build project. d Replacement buildings listed in this category involve adding space. e Center operated
https://lao.ca.gov/Education/EdBudget/Details/1025

University of California Funding by Source [EdBudget]

Feb 13, 2026 - University of California Funding by Source [EdBudget] 8.2% a Includes funds that UC uses for tuition discounts and waivers. b Includes a portion of overhead funding on federal and state grants and a portion of patent royalty income. c A FTE student equates to 30 credit units for an undergraduate and 24 credits units for a graduate student.
https://lao.ca.gov/Education/EdBudget/Details/1043

The 2022-23 Budget: Department of Developmental Services

Mar 29, 2022 - There are known problems with DDS meeting federal IDEA time line requirements in its Early Start program and in transitioning children from Part C to Part B. A statutorily required workgroup, including CDE and DDS, recently examined ways to improve Part C to Part B transitions.
https://lao.ca.gov/Publications/Report/4577