The 2026-27 Budget: County Administration and H.R. 1 Implementation [Publication Details]

Mar 5, 2026 - In this brief, we assess the Governor's proposed funding for county administration of Medi-Cal and CalFresh in response to H.R. 1 and provide related recommendations.
https://lao.ca.gov/Publications/Detail/5149

The 2026-27 Budget: County Administration and H.R. 1 Implementation

Mar 5, 2026 - Minimizing Error Rates and Related Fiscal Penalties. Given the significant fiscal impacts involved, avoiding penalties for error rates is a high priority for the state, particularly in CalFresh. Potential penalties in Medi ‑Cal are less certain and immediate but taking steps to limit payment errors in Medi ‑Cal is also warranted.
https://lao.ca.gov/Publications/Report/5149

The 2026-27 Budget: Food Assistance Programs

Feb 18, 2026 - Counties also make administrative errors when determining eligibility and calculating benefits. California ’s most recent payment error rate, for federal fiscal year 2023-24, is about 11  percent. (The comparable national error rate is similarly about 11  percent.)
https://lao.ca.gov/Publications/Report/5126

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

Proposition 50 [Ballot]

Nov 4, 2025 - Figure 2 in the analysis of Proposition 50 contained a typographical error. District 27, which is to the right of District 26, was incorrectly labeled as District 22. This typographical error has been corrected.
https://lao.ca.gov/BallotAnalysis/Proposition?number=50&year=2025

Time limits, environmental reviews, and judicial reviews for certain types of infrastructure projects. [Ballot]

Dec 10, 2025 - If a court finds that a lead agency made a CEQA error, it can order the agency to correct th e error and reconsider the project. In some cases, CEQA challenges may continue into later phases of the project, including during construction, if the agency makes later decisions that rely on earlier CEQA approvals.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-023

Five Guidelines for Using Revenue Forecasts [EconTax Blog]

Feb 20, 2025 - As a result, revenue forecast errors are an unavoidable feature of the state budget. They also are ubiquitous. Every state in the country experiences meaningful forecast errors , often of a similar magnitude to California.
https://lao.ca.gov/LAOEconTax/article/Detail/822

Five Guidelines for Using Revenue Forecasts [EconTax Blog]

Feb 20, 2025 - As a result, revenue forecast errors are an unavoidable feature of the state budget. They also are ubiquitous. Every state in the country experiences meaningful forecast errors , often of a similar magnitude to California.
https://lao.ca.gov/LAOEconTax/Article/Detail/822

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - If this were to occur, what systems will be in place to identify these cases and notify the appropriate RC in a timely manner so that the RC can correct the error? The department stated that its budget projections for 2026 ‑27 do not incorporate any potential added costs due to the changes in H.R 1.
https://lao.ca.gov/Publications/Report/5157