MOU Fiscal Analysis: Bargaining Unit 6 (Corrections)

Jun 23, 2025 - The pay reduction and number of leave hours received during PLP 2020 varied by bargaining unit, depending on the specific terms of each agreement. Subsequent labor agreements ended PLP 2020. Unit 6 Subjected to Largest Number of Furloughs in Past.
https://lao.ca.gov/Publications/Report/5058

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 2021-22 Budget: Labor Agreements Ending Personal Leave Program 2020 [Publication Details]

Jun 25, 2021 - The 2021-22 Budget: Labor Agreements Ending Personal Leave Program 2020 [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/4446

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

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

Mar 9, 2026 - Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Smaller, short-lived corrections occur frequently, among them the 1997 Asian financial crisis, the 2011 U.S. debt celing standoff, the 2015 Chinese growth slowdown, the early pandemic drop in 2020, and the 2025 tariff selloff.
https://lao.ca.gov/LAOEconTax/article/Detail/852

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

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

MOU Fiscal Analysis: Bargaining Units 10 (Professional Scientists) and 18 (Psychiatric Technician)

Sep 9, 2025 - Units 10 and 18 were last subject to furloughs in 2020-21 when the state negotiated agreements with all 21 bargaining units to reduce employee compensation costs through PLP 2020 in anticipation of a budget problem in 2020-21 that did not materialize.
https://lao.ca.gov/Publications/Report/5073

The 2026-27 Budget: Child Care and State Preschool

Mar 19, 2026 - As a result of the pandemic, State Preschool enrollment experienced a significant decline of roughly 65,000 students in 2020 (Figure 3). While enrollment has increased since 2020, it remains significantly below pre‑pandemic levels.
https://lao.ca.gov/Publications/Report/5168