The 2022-23 Budget: California Department of Technology

Feb 22, 2022 - OTech (and others) also manage statewide contracts for vendor ‑hosted subscription services (VHSS) —that is, IT services provided and primarily supported by private vendors, not CDT —to offer services to entities at a lower cost than they might be able to negotiate with vendors as individual entities.
https://lao.ca.gov/Publications/Report/4552

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 2025-26 Budget: Undertaking Fiscal Oversight

Feb 24, 2025 - What Information Helps to Assess Costs and Benefits? This section describes the type of information the Legislature can gather to try to assess the costs and benefits of state programs. Once program costs and metrics are understood, the Legislature can weigh the benefits relative to the costs.
https://lao.ca.gov/Publications/Report/4983

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

Updating the California Necessities Index

Aug 14, 2025 - Second, like the current formula, alternatives should provide an intuitive way to judge changes in the cost of necessities. This provides transparency to benefit recipients when they assess changes to the funds they receive.
https://lao.ca.gov/Publications/Report/5065

Updating the California Necessities Index [Publication Details]

Aug 14, 2025 - Recent changes were made to the publication of statistics required to calculate the California Necessities Index, which is used to adjust certain benefit rates and cost-of-living adjustments. In this brief, we provide details on the changes and evaluate alternatives for the index that require only currently available data and conform to the original intent of the index.
https://lao.ca.gov/Publications/Detail/5065

The 2026-27 Budget: Child Care and State Preschool [Publication Details]

Mar 19, 2026 - In this brief, we assess the Governor’s 2026-27 proposals for child care and State Preschool and provide associated recommendations.
https://lao.ca.gov/Publications/Detail/5168

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - In 2023 ‑24, the state redirected funding associated with the statutory COLA for all programs to cover costs of the monthly cost of care plus payments. In 2025 ‑26, the state used the estimated cost of the statutory COLA to provide a uniform increase in monthly cost of care plus payments to all providers.
https://lao.ca.gov/Publications/Report/5168

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