MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - This means that the agreement would be in effect for three fiscal years: 2025-26, 2026-27, and 2027-28. General Salary Increases (GSIs). The agreement would provide a 3  percent GSI on July 1, 2025 and another 3  percent GSI on July 1, 2027.
https://lao.ca.gov/Publications/Report/5058

MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) [Publication Details]

Jun 23, 2025 - MOU Fiscal Analysis: Bargaining Unit 6 (Corrections) [Publication Details] Translate Our Website This Google ™ translation feature provided on the Legislative Analyst's Office (LAO) website is for informational purposes only.
https://lao.ca.gov/Publications/Detail/5058

The 2026-27 Budget: California's Fiscal Outlook

Nov 19, 2025 - Moreover, we estimate costs in other programs to be about $6  billion higher than anticipated. Starting in 2027 ‑28, we estimate structural deficits to grow to about $35  billion annually due to spending growth continuing to outstrip revenue growth.
https://lao.ca.gov/Publications/Report/5091

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

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 2025-26 California Spending Plan: Health

Oct 16, 2025 - Moreover, the spending plan includes General Fund reductions for operational efficiencies of $5  million in 2025-26, $6  million in 2026-27, and $2  million in 2027-28 and ongoing and for modified reporting requirements of $1.5  million in 2025-26 and ongoing.
https://lao.ca.gov/Publications/Report/5075

The 2026-27 Budget: Food Assistance Programs

Feb 18, 2026 - This state share is only imposed on states that have a payment error rate of 6  percent or higher. As shown in Figure  1, the amount of the state share depends on how much the state ’s error rate exceeds 6  percent.
https://lao.ca.gov/Publications/Report/5126

The 2021-22 Budget: Labor Agreements Ending Personal Leave Program 2020

Jun 25, 2021 - In its final report of COVID-19 among staff on June 15, 2021, CDCR reported 17,002 confirmed COVID-19 cases (representing about 30 percent of CDCR positions in 2020‑21) and 28 deaths among CDCR staff.
https://lao.ca.gov/Publications/Report/4446

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - Funding for DSS ’s Office of Child Abuse Prevention to Develop a Standardized Curriculum for Mandated Reporters ($0.6  Million General Fund in 2025-26, Growing to $6  Million 2027-28, and About $1  Million Ongoing).
https://lao.ca.gov/Publications/Report/5086/6