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: Child Welfare

Mar 3, 2026 - In addition to restructuring foster care maintenance payments, the 2024-25 statutory changes also added two new foster care programs and corresponding rate components: (1)  Strengths Building and Child and Family Determination Program, and (2)  Immediate Needs Program.
https://lao.ca.gov/publications/report/5147

2024-25 Changes in Proposition 98 Spending [EdBudget]

Jan 19, 2026 - 2024-25 Changes in Proposition 98 Spending [EdBudget] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Education/EdBudget/Details/1065

Special taxes. [Ballot]

Jan 27, 2026 - Net costs or savings resulting from the measure would depend on (1) how many special tax initiatives qualify for a one-time audit but are not approved by voters, (2) the number of pages that are added to the Voter Information Guide each election cycle, and (3) the level of savings that are identified and implemented as a result of the audits.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-040

2025-26 Changes in Proposition 98 Spending [EdBudget]

Nov 7, 2025 - 2025-26 Changes in Proposition 98 Spending [EdBudget] $114,558 a Primarily reflects removal of 2024-25 one-time funds. b The 2025-26 budget package uses funding from the Proposition 98 reserve to cover $405 million in K-12 costs and $50 million in community college costs. c Reflects additional LCFF costs associated with serving more students in transitional kindergarten,
https://lao.ca.gov/Education/EdBudget/Details/1007

The 2026-27 Budget: Community College Facilities

Mar 17, 2026 - Projects in both categories also receive points based on the amount of the local contribution, with districts generally required to cover at least 25  percent of total project costs and receiving more points for covering a larger share.
https://lao.ca.gov/Publications/Report/5159

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - Second, any unawarded credits from the previous fiscal year can be added to the pool of available credits for the current fiscal year. Credit Pool Has Ballooned to over $923  million for the Current Year.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: California Student Aid Commission

Feb 17, 2026 - For Cal Grant recipients (who already have their tuition, and, in some cases, a portion of their nontuition costs covered), MCS provides ad ditional aid for nontuition costs. Though less notable given relative magnitude, the revamped program also expanded eligibility to CCC students in bachelor ’s degree programs.
https://lao.ca.gov/Publications/Report/5127

2024-25 Changes in Proposition 98 Spending [EdBudget]

Nov 7, 2025 - 2024-25 Changes in Proposition 98 Spending [EdBudget] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Education/EdBudget/Details/1010