The 2026-27 Budget: Streamlining California’s Affordable Housing Funding System

Mar 6, 2026 - Promising Idea of Providing Tax Credits for HDFC ‑Approved Projects … The Governor ’s proposed concept of automatically awarding private activity bonds and tax credits to HDFC ‑funded projects has the potential to address an important and fundamental problem in the state ’s affordable housing funding system: developers having to apply to different state entities for project funding, with no assurance that awards will be made consistently to fund projects.
https://lao.ca.gov/Publications/Report/5154

The 2022-23 Budget: Department of Developmental Services

Mar 29, 2022 - The proposal includes $4.4  million total funds ($3.2  million General Fund) in 2022 ‑23 and ongoing for one IDEA specialist per RC and six childhood specialists at DDS, several of whom would focus primarily on early childhood (including the transition from IDEA Part C to Part B).
https://lao.ca.gov/Publications/Report/4577

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

Proposition 50 [Ballot]

Nov 4, 2025 - Constitution to require redistricting be done by “fair, independent, and nonpartisan redistricting commissions nationwide. ” Proposition  50 expresses voter support for this idea, but does not change federal law or require any particular action of Congress or the California Legislature.
https://lao.ca.gov/BallotAnalysis/Proposition?number=50&year=2025

The 2026-27 Budget: California Public Utilities Commission’s Implementation of AB 1207

Feb 10, 2026 - If the state were to approve limited-term funding, CPUC could return to the Legislature with a future budget proposal to request ongoing resources once it has a clearer idea of its ultimate approach to implementing the California Climate Credit and the associated ongoing workload.
https://lao.ca.gov/Publications/Report/5120

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - The program is conceptually well structured and has recent empirical evidence supporting the idea that the credit is leading to a net increase in jobs in the state. Therefore, we recommend that the Legislature approve the Governor ’s proposal to extend the credit.
https://lao.ca.gov/Publications/Report/5162

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

New Inflation Poses Not So New Budget Risk

Dec 15, 2022 - Yet, while no one welcomes the idea of an economic downturn, California is much more fiscally prepared for one now than before other periods of budget stress, such as the Great Recession. This is the culmination of a multiyear initiative aimed at enhancing state budget resilience.
https://lao.ca.gov/Publications/Report/4653