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

^[PDF] “Remodeling” the Drug Medi-Cal Program

The 2004-05 budget proposal for DADP would provide about $116 million from all fund sources ($61 million General Fund) for Drug Medi-Cal. This includes funds for administrative support and local assistance for the main por- tion of the program, as well as a separate com- ponent for perinatal programs.
https://lao.ca.gov/2004/drug_medi-cal/021104_drug_medi-cal.pdf

^[PDF] SSI/SSP Maximum Monthly Grants

SSI/SSP Maximum Monthly Grants Individuals SSI $674 $674 $674 $674 $674 $687 SSP 233 196 176 171 156 156 Totals $907 $870 $850 $845 $830 $843 Percent of Povertya 100% 96% 94% 94% 92% 93% Couples SSI $1,011 $1,011 $1,011 $1,011 $1,011 $1,031 SSP 568 513 478 396 396 396 Totals $1,579 $1,524 $1,489 $1,407 $1,407 $1,427 Percent of Povertya 130% 126% 123% 116% 116% 118% a Compares grant level to federal poverty guideline.
https://lao.ca.gov/handouts/socservices/2010/SSI_SSP_Maximum_Grants_02_02_10.pdf

^[PDF] SSI/SSP Maximum Monthly Grants, Current Law and Governor's Propsal

SSI/SSP Maximum Monthly Grants, Current Law and Governor's Propsal Individuals SSI $674 $674 $674 $674 $674 $685 SSP 233 196 176 171 156 156 Totals $907 $870 $850 $845 $830 $841 Percent of Povertyb 100% 96% 94% 94% 92% 93% Couples SSI $1,011 $1,011 $1,011 $1,011 $1,011 $1,028 SSP 568 513 478 396 396 396 Totals $1,579 $1,524 $1,489 $1,407 $1,407 $1,424 Percent of Povertyb 130% 126% 123%
https://lao.ca.gov/handouts/socservices/2010/SSI_SSP_Monthly_Grants_05_25_10.pdf

May Revision: LAO Revenue Outlook [EconTax Blog]

May 16, 2015 - For 2015, assuming a flat stock market through the rest of this year, our main scenario suggests there will be around $150 billion of net capital gains, compared to $116 billion in the administration's numbers.
https://lao.ca.gov/LAOEconTax/Article/Detail/105

Child Care Budget [EdBudget]

Dec 20, 2023 - Child Care Budget [EdBudget] a Reflects 2022-23 May Revision estimates with LAO adjustments. b Reflects 2023-24 May Revision estimates with LAO adjustments. c Reflects 2023-24 Budget Act estimates with LAO adjustments. d Does not include $11.1 million provided to community colleges for certain child care services. e Includes family child care home education networks. f Includes cost estimates for
https://lao.ca.gov/Education/EdBudget/Details/799

New Higher Education Reporting Requirements [EdBudget]

Jul 27, 2020 - TBL refers to Chapter 25 of 2020 (SB 116, Committee on Budget and Fiscal Review). UCPath = UC payroll, academic personnel, timekeeping, and human resources. BBL = budget bill language. TBL = trailer bill language.
https://lao.ca.gov/Education/EdBudget/Details/392

Modernizing the Functions Of the Commission on Teacher Credentialing

The hearing itself is conducted before an administrative law judge and, upon completion, a proposed decision is sent to the com mission, which can accept or reject that decision. If the commission rejects the decision, it issues a separate decision based on its own findings.
https://lao.ca.gov/2006/ctc/ctc_042706.htm