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: Child Care and State Preschool

Nov 14, 2025 - A total of $63.6  million ongoing funding ($53.4  million non-Proposition  98 General Fund, $3.8  million Proposition  64, and $6.5  million federal funds) remains available for the program. Funds Transition to Paying Providers Prospectively.
https://lao.ca.gov/Publications/Report/5088

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - Early Start caseload experienced an average annual growth rate of about 6.5  percent from 2015 through 2025. Finally, the adult caseload is also affected by the trend that lifespans for people with intellectual and developmental disabilities have generally increased over time due to improved access to services and supports.
https://lao.ca.gov/Publications/Report/5157

K-12 Funding by Source [EdBudget]

Aug 31, 2021 - K-12 Funding by Source [EdBudget] -6.5      a Consists primarily of state pension payments on behalf of districts, state debt service on school facility bonds, non-Proposition 98 funding for the California State Preschool Program, and operational expenses of the California Department of Education. b The June 2020 budget plan shifted funding for several child care programs from
https://lao.ca.gov/Education/EdBudget/Details/545

The 2025-26 Budget: Understanding Recent Increases in the Medi-Cal Senior Caseload

Mar 6, 2025 - We estimate that there were 6.5  million individuals age 65 and over as of January 1, 2025 in California. If  18.5  percent of these individuals were enrolled in Medi ‑Cal, we estimate that the senior caseload would have been 1.2  million.
https://lao.ca.gov/Publications/Report/5010

The 2025-26 Budget: Natural Resources and Agriculture Discretionary Spending Proposals

Feb 18, 2025 - The 2024 ‑25 budget included another allotment of $6.5  million General Fund to extend the program for one additional year. California Also Offers Other Free Parks Passes. In addition to the Library Pass Program, the state supports several other free parks pass programs with varying eligibility criteria.
https://lao.ca.gov/Publications/Report/4967

Addressing Capital Renewal at UC and CSU

Jan 5, 2023 - These backlogs currently are estimated to total $7.3  billion at UC and $6.5  billion at CSU. No Plan Is in Place to Address Identified Capital Renewal Needs. Capital renewal spending at UC and CSU has been insufficient to keep pace with emerging needs.
https://lao.ca.gov/Publications/Report/4657

The 2023-24 Budget: Student Housing

Mar 9, 2023 - The  latest estimates show systemwide capital renewal backlogs (also known as deferred maintenance) of roughly $700  million at CCC, $6.5  billion at CSU, and $7.3  billion at UC. Unlike  self ‑supporting facilities, academic facilities traditionally have relied primarily on state funding and do not have ready access to alternate means of funding.
https://lao.ca.gov/Publications/Report/4733

Update on Student Housing Assistance

May 7, 2024 - Rather than spreading the initial $6.5  million in rapid rehousing funds across all 23 campuses, CSU chose to allocate it to a subset of campuses that would work with community partners to provide certain types of housing assistance.
https://lao.ca.gov/Publications/Report/4898