The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - As the Governor ’s Committee on Education Excellence explained in 2007, “the problem with California ’s K ‑12 governance system is that everyone is in charge, and no one is accountable. ” Blurred Responsibilities.
https://lao.ca.gov/Publications/Report/5165

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

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: 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

Trends in CalWORKs: Participant Characteristics

Jun 16, 2025 - Official poverty rates generally increase during economic downturns (for example, from 2007 to 2011 during and immediately following the Great Recession) and decrease as the economy improves. In the last decade, state poverty rates generally decreased year over year.
https://lao.ca.gov/Publications/Report/5057

An Update on the Public Health Laboratory System After the Pandemic

Jun 12, 2025 - Between 2007-08, when CDPH became a standalone department (it was formerly a division within the then Department of Health Services), and the onset of the COVID-19 pandemic in 2019-20, the overall CDPH budget was relatively flat and was about $3.4  billion (total funds) at its highest.
https://lao.ca.gov/Publications/Report/5056

The 2025-26 Budget: State Mandates—Regional Water Quality Control Boards

May 30, 2025 - While not directly linked to these mandates, CSM has significant pending workload related to other stormwater permits issued by the state water boards dating back to 2007. This includes 32 pending test claims and 4 additional claims for which CSM has already identified state-reimbursable mandated activities but has not yet developed cost estimates.
https://lao.ca.gov/Publications/Report/5054

The 2025-26 Budget: State Mandate—Santa Ana Regional Water Quality Control Board

May 5, 2025 - Two key court decisions addressed this issue: 2007 Court Ruling Allowed Local Governments to Seek Reimbursement for Water Board Mandates. Prior to 2007, state statute exempted water boards ’ water quality permits from the state mandate process (and, therefore, consideration for reimbursement) as they were generally understood to be implementing federal law.
https://lao.ca.gov/Publications/Report/5039