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 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - Even with out repayment, that fund would have more than enough to cover its expenditures, with an estimated ending balance of $95  million (22 months of expenditures) in 2025-26. Proposal Would Not Address BPPE ’s Underlying Structural Deficit.
https://lao.ca.gov/Publications/Report/5169

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - After completing initial required job search activities, WTW participants (who had not gained employment via job search) generally participated in a skills and education assessment and worked with county staff to develop a WTW plan (during which they identified longer term WTW activities to participate in, such as education or training, communit y service, and subsidized employment).
https://lao.ca.gov/Publications/Report/5086/2

The 2026-27 Budget: Supplemental Security Income/State Supplementary Payment (SSI/SSP) Program

Mar 3, 2026 - Similarly, the FMR for a one-bedroom unit has grown by 95  percent (compared to 42  percent growth for the maximum SSI/SSP grants for couples). As shown in Figure  6, FMR takes up a significant portion or exceeds recipient grants in all counties.
https://lao.ca.gov/Publications/Report/5148

The 2026-27 Budget: Judicial Branch

Feb 11, 2026 - This leaves $95  million (24  percent) in reserves subject to the cap. This is less than the $106  million the trial courts could have retained under the current 3  percent cap. Background Judicial Branch Has Extensive Facility Needs.
https://lao.ca.gov/Publications/Report/5113

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - California’s Strong Revenue Trends Mask Looming Budget Risk Search In Fiscal Perspectives , the Legislative Analyst periodically offers the Legislature his views on fiscal matters facing California. California’s Strong Revenue Trends Mask Looming Budget Risk January 23, 2026 Tweet Gabriel PetekLegislative Analyst History suggests that fiscal risks can build during times when they are easiest to ignore.
https://lao.ca.gov/Publications/Report/5104

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - Housing stabilization and relocation efforts also include outreach and engagement, landlord recruitment, case management, housing search and placement, legal se rvices, and credit repair. Bringing Families Home Program (BFH).
https://lao.ca.gov/Publications/Report/5086/7

The 2026-27 Budget: University of California

Feb 26, 2026 - (Of this amount, UC has earmarked $95  million for its systemwide program that provides student financial aid.) In addition, UC intends to use $20  million from its investment earnings for its core operating costs in 2026 ‑27.
https://lao.ca.gov/Publications/Report/5143

Labor Agreements to Achieve Budgetary Savings

Jul 11, 2025 - The rank-and-file and excluded employees associated with these 19 bargaining units represent more than 95  percent of the state workforce. Section 19829.5 of the Government Code establishes our ten-day review of proposed MOUs.
https://lao.ca.gov/Publications/Report/5063