The 2026-27 Budget: Bureau for Private Postsecondary Education

Mar 25, 2026 - As Figure  1 shows, expenditures from the BPPE Fund have exceeded revenues annually beginning in 2014-15. This trend is counter to the typical expectation that regulatory agencies ’ fees cover their costs.
https://lao.ca.gov/Publications/Report/5169

The 2026-27 Budget: Governor’s Office of Land Use and Climate Innovation Proposals

Mar 19, 2026 - While the two offices are now separate, LCI provides administrative, cybersecurity, and information technology (IT) infrastructure services to GO-SERVE. GO-SERVE reimburses LCI for the staff time LCI spends providing these services (but not for the cost of maintaining the infrastructure) .
https://lao.ca.gov/Publications/Report/5167

The 2026-27 Budget: California Competes Extension

Mar 18, 2026 - High Recapture Rate Can be Seen as a Feature … On one hand, high recapture rates can be seen as not a significant issue, and even a sign that the program is working as intended: Companies are incentivized by a tax break if they manage to achieve agreed-upon job and investment targets, but if they fail to do so, the state incurs no expense since the credit is never claimed or is paid back to the state.
https://lao.ca.gov/Publications/Report/5162

The 2026-27 Budget: Re-Envisioning State Education Governance

Mar 18, 2026 - The SBE consists of ten  members, serving staggered four ‑year terms, and one student member, serving a one ‑year term. The Governor appoints all 11 members with the approval of two ‑thirds of the State Senate.
https://lao.ca.gov/Publications/Report/5165

The Bay-Delta Plan and Voluntary Agreements: Ensuring Effective Legislative Oversight

Mar 18, 2026 - The Bay ‑Delta Plan identifies beneficial uses, sets water quality objectives, and prescribes a program of implementation for the entire watershed. SWRCB (rather than a regional board) manages the Bay ‑Delta Plan because the watershed spans multiple regions and sets flow requirements.
https://lao.ca.gov/Publications/Report/5163

The 2026-27 Budget: In-Home Supportive Services

Mar 18, 2026 - However, as seen in Figure  5 , when we consider IHSS hourly wages separately, we see that the average growth rate of hourly wages has been 5.6  percent annually since  2014. This growth in IHSS hourly wages is in part due to increases to the state minimum wage —from $8  per hour on January 1, 2014 to $16.90 per hour on January  1,  2026.
https://lao.ca.gov/Publications/Report/5166

The 2026-27 Budget: Department of Developmental Services

Mar 13, 2026 - The Lanterman Act requires DDS to serve all individuals determined eligible by an RC. The program has never required means testing, so income is not considered when an individual applies for services.
https://lao.ca.gov/Publications/Report/5157

The 2026-27 Budget: Contract to Achieve Operational Efficiencies

Mar 10, 2026 - For each workstream, the contract outlines a series of deliverables or milestones that the contractor would be required to meet over the course of a 28-week period as well as the amount of payment it would receive in exchange for doing so.
https://lao.ca.gov/Publications/Report/5156

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

Mar 9, 2026 - Once the stock market drops, revenue growth   first slows, then stalls, then turns negative. The dot-com example below illustrates this pattern. In practice, this means the state could see continued but weakened revenue growth for some time after a correction before the outlook turns clearly negative.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Once the stock market drops, revenue growth   first slows, then stalls, then turns negative. The dot-com example below illustrates this pattern. In practice, this means the state could see continued but weakened revenue growth for some time after a correction before the outlook turns clearly negative.
https://lao.ca.gov/LAOEconTax/article/Detail/852