California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - The Internet obviously has been a transformative innovation for society and the economy, but early on, financial markets valued dot-com and Internet firms above what their revenue-generating capacity warranted at the time.
https://lao.ca.gov/Publications/Report/5104

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - For California, the dot ‑com era —when stocks rose and then fell precipitously in response to widespread adoption of the internet —offers the most salient example. The internet has proven to be a transformative technology and, yet, the stock market ’s initial reaction was clearly overly exuberant.
https://lao.ca.gov/Publications/Report/5091

Artificial intelligence (AI) and child safety. [Ballot]

Dec 12, 2025 - Requires Schools to Ban Use of Internet-Enabled Devices During Instructional Time . The measure requires school governing boards to develop and adopt a policy prohibiting students from using all internet-enabled devices, including smartphones, during school time by July 1, 2027.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-025

Voting in California. [Ballot]

Oct 13, 2021 - This means t hat the measure would require both phases of the internet voting system (voting over the internet at a voting location and voting over the internet outside of a voting location) to be operational within two years of voters approving the measure.
https://lao.ca.gov/BallotAnalysis/Initiative/2021-012

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

The 2021-22 Budget: Preliminary Comments on the Governor’s May Revision Proposal for Broadband Infrastructure

May 24, 2021 - A middle-mile broadband network often consists of high-capacity fiber-optic cables laid over tens or hundreds of miles that, if connected to by an internet service provider, helps deliver high-speed internet service.
https://lao.ca.gov/Publications/Report/4440

The 2021-22 Spending Plan: Broadband Infrastructure

Oct 27, 2021 - Last-mile projects funded through CPUC ’s CASF program must either provide the current benchmark broadband internet speed set by the Federal Communications Commission or an internet download speed of at least 100 megabits per second and an upload speed of 20 megabits per second.
https://lao.ca.gov/Publications/Report/4467

The 2026-27 Budget: Office of Emergency Services Next Generation 911 System

Feb 27, 2026 - Next Generation 911  systems use Internet Protocol (IP) ‑based technology to send 911  data from one computer to another over the Internet. This  technology allows 911 callers to share multimedia emergency communications (voice, video, photos, and text) and improved location data with dispatch centers.
https://lao.ca.gov/Publications/Report/5145

Changes in California State Library General Fund Spending [EdBudget]

Sep 13, 2023 - Specifically, consists of carryover from local library infrastructure grants ($439 million), internet upgrades ($35 million), English as a Second Language Services ($14 million), the TUMO Center for Creative Technologies ($9 million), the California Civil Liberties Public Education Act ($5 million), and outreach grants to ethnic media programs ($4 million). d Represents third year of four-year funding plan initiated as part of the 2021-22 budget agreement.
https://lao.ca.gov/Education/EdBudget/Details/755