How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/Article/Detail/852

How Have Past Stock Market Downturns Affected Income Tax Revenue? [EconTax Blog]

Mar 9, 2026 - This Time Might Be Different, but It Is Not Safe to Bet on It.   As our office warned last November, it now appears time to take seriously the notion that the stock market has become overheated. While there is a chance that this time is different and no such downturn is forthcoming, the risk appears strong enough that we have incorporated it into the state 's revenue outlook.  
https://lao.ca.gov/LAOEconTax/article/Detail/852

The 2026-27 Budget: Medi-Cal Analysis

Mar 2, 2026 - Under the new plan in the 2026 ‑27 budget, much of the funds would instead be spent on certain previously approved Medi ‑Cal initiatives, such as transitional rent supports and community ‑based mobile crisis services.
https://lao.ca.gov/Publications/Report/5146

The 2026-27 Budget: Proposed Zero-Emission Vehicle Incentive

Feb 24, 2026 - Mobile sources —including light ‑, medium ‑, and heavy ‑duty vehicles —contribute to California ’s GHG emissions and air pollution. For example, light ‑duty vehicles represent about 28  percent of statewide GHG emissions and 7  percent of statewide NOx emissions.
https://lao.ca.gov/Publications/Report/5140

Overview of Proposition 28 Arts Funding for Schools [Publication Details]

Feb 12, 2026 - Assembly Committee on Education and Assembly Committee on Arts, Entertainment, Sports, and Tourism
https://lao.ca.gov/Publications/Detail/5109

The 2026-27 Budget: Framework for Approaching the Natural Resources, Environmental Protection, and Agriculture Budget

Feb 10, 2026 - The proposal prioritizes improvements in high ‑traffic areas to mitigate this risk and improve public access to newly opening museums and sport facilities which will be used for high ‑profile international events.
https://lao.ca.gov/Publications/Report/5116

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

Jan 12, 2026 - That said, recent budgets have set the SFEU bet ween $3.5  billion and $4.5  billion, so the Governor ’s budget proposal to set the balance to $4.5  billion is generally in line with recent policy.
https://lao.ca.gov/Publications/Report/5101

Assessment of the Strong Workforce Program

Dec 10, 2025 - Statute links this objective to the broader goal of preparing individuals for jobs, thus promoting their economic mobility while also providing a skilled workforce for  industry. Rebuilding Nursing Infrastructure Grant Program Recent Redirection of Strong Workforce Funds Is Likely Impacting Programs.
https://lao.ca.gov/Publications/Report/5098

Assessment of CSU’s Graduation Initiative 2025

Dec 10, 2025 - While a new CSU graduation initiative likely would provide some state benefits (such as enhanced economic mobility), those benefits could be less sizable or less significant than the potential public benefits of other state programs.
https://lao.ca.gov/Publications/Report/5099

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - The 2026-27 Budget: California's Fiscal Outlook Executive Summary Not Safe to Bet Artificial Intelligence ( AI) Fueled Exuberance Is Sustainable. Both the California and U.S. economies currently face significant headwinds.
https://lao.ca.gov/Publications/Report/5091