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 2025-26 Budget: Oversight of Encampment Resolution Funding

Mar 5, 2025 - Figure 2 Through 2024 ‑25, the State Has Provided $900 Million for Four Rounds of ERF General Fund (In Millions)
https://lao.ca.gov/Publications/Report/5007

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - The 2025-26 spending plan includes a one-time augmentation of $72  million General Fund for CalFood (in addition to ongoing funding of $8  million General Fund) resulting in a year-over-year increase of $72  million (900  percent) compared to 2024-25.
https://lao.ca.gov/Publications/Report/5086/3

The 2026-27 Budget: Overview of the Governor's Budget

Jan 12, 2026 - The proposals reduce costs by around $900  million in 2026 ‑27, with savings in future years ramping up to a few billion dollars annually. Other Budget Solutions. The budget also includes a few other, smaller budget solutions.
https://lao.ca.gov/Publications/Report/5101

Assessing a Shift to Enrollment-Based School Funding

Jan 6, 2026 - In 2025, 108 (out of over 900) school districts were assigned the lowest performance level in chronic absenteeism for their total student population, while another 388 school districts were assigned the lowest performance level for at least one subgroup.
https://lao.ca.gov/Publications/Report/5100

The 2024-25 California Spending Plan: Human Services

Oct 2, 2024 - Withdraws $900  Million From Safety Net Reserve. The spending plan withdraws the full balance ($900  million) of the Safety Net Reserve. The administration indicates the withdrawal is to maintain program benefits and services for the Medi-Cal and CalWORKs programs.
https://lao.ca.gov/Publications/Report/4933/2

The 2025-26 Budget: California Military Department—STARBASE Classroom Building

Feb 20, 2025 - CMD asserts that a new, bigger educational space could serve as many as 900 additional students annually. The department indicates that a new classroom building could accommodate approximately 50 STARBASE classes during the school year, which would effectively eliminate the typical annual program waitlist.
https://lao.ca.gov/Publications/Report/4976

Comparing LAO and May Revision Estimates of the Proposition 98 Guarantee [EdBudget]

May 25, 2021 - If the Legislature adopts this proposal, the associated increases in the guarantee would be approximately $900 million in 2022-23, $1.8 billion in 2023-24, and $2.7 billion in 2024-25. Subscribe | California State Legislature | Online Voter Registration | Privacy Policy | Accessibility Legislative Analyst's Office | The California Legislature's Nonpartisan Fiscal and Policy Advisor 925 L Street, Suite 1000 Sacramento, CA 95814 | (916) 445-4656
https://lao.ca.gov/Education/EdBudget/Details/514

The 2023-24 Budget: Student Housing

Mar 9, 2023 - Additionally, rather than providing program funds of $900  million the first year and another $900  million the following year, the Governor proposes providing $650  million the first year (2024 ‑25) and $1.15  billion the next year (2025 ‑26).
https://lao.ca.gov/Publications/Report/4733