The 2023-24 Budget: Overview of the Spending Plan (Final Version)

Oct 16, 2023 - CalFire = California Department of Forestry and Fire Protection; CARB = California Air Resources Board; FARMER = Funding Agricultural Replacement Measures for Emission Reductions; CEC = California Energy Commission; Go ‑Biz = Governor ’s Office of Business and Economic Development; DOC = Department of Conservation; DTSC = Department of Toxic Substances Control; DWR = Department of Water
https://lao.ca.gov/Publications/Report/4788/4

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 Spending Plan: Natural Resources and Environmental Protection

Oct 18, 2021 - BUILD = Building Initiative for Low ‑Emissions Development; CEC = California Energy Commission; SB 100 = Chapter 312 of 2018 (SB 100, de Le ón); CPUC = California Public Utilities Commission; DFW = Department of Fish and Wildlife; OES = Office of Emergency Services; OPC = Ocean Protection Council; and CCC = California Coastal Commission.
https://lao.ca.gov/Publications/Report/4463

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

The 2024-25 California Spending Plan: Resources and Environmental Protection

Sep 12, 2024 - Figure 11 2023 ‑24 Revised Multiyear Totals 2024 ‑25 Protecting the coast from climate change SCC Adapting to sea ‑level rise SCC Adapting infrastructure to sea ‑level rise SCC Protecting the ocean from climate change OPC Adapting to sea ‑level rise in state parks Parks $17 R = Reduction, FS = Fund Shift, and D = Delay.
https://lao.ca.gov/Publications/Report/4928

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

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

The 2023-24 California Spending Plan: Resources and Environmental Protection

Oct 16, 2023 - SCC = State Coastal Conservancy; OPC = Ocean Protection Council; SB 1 = Chapter 236 of 2021 (Senate Bill 1, Atkins); and GGRF = Greenhouse Gas Reduction Fund. Parks, Access, and Other Programs Makes a Few Targeted Reductions to Other Programs.
https://lao.ca.gov/Publications/Report/4807

The 2023-24 Budget: Commission on Peace Officer Standards and Training—Office of Administrative Hearing Costs

Feb 13, 2023 - As of January 2023, POST had filled roughly one-third of its 16 positions in the Intake and Disposition bureau, which is responsible for analyzing and evaluating complaints received from the public and serious misconduct allegations received from l aw enforcement agencies.
https://lao.ca.gov/Publications/Report/4677