The 2026-27 Budget: How to Use One-Time Revenue Improvements [Publication Details]

Feb 20, 2026 - The 2026-27 Budget: How to Use One-Time Revenue Improvements [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/5133

The 2026-27 Budget: How to Use One-Time Revenue Improvements

Feb 20, 2026 - The 2026-27 Budget: How to Use One-Time Revenue Improvements The 2026-27 Budget How to Use One-Time Revenue Improvements Recent stock market performance continues to boost income tax collections. In our Fiscal Outlook , we strongly advised the Legislature to treat near-term strength in tax collections as temporary because we expect these gains to reverse.
https://lao.ca.gov/Publications/Report/5133

The 2026-27 Budget: Governor’s Sustainable Aviation Fuel Tax Credit Proposal

Feb 24, 2026 - Refiners and importers must either sell their share of the required volumes themselves or buy credits (known as Renewable Identification Numbers or RINs) from other producers that generate an excess of credits.
https://lao.ca.gov/Publications/Report/5139

The 2026-27 Budget: Food Assistance Programs

Feb 18, 2026 - As shown in Figure  1, the amount of the state share depends on how much the state ’s error rate exceeds 6  percent. Based on the state ’s most recently measured payment error rate of 11  percent, the state would have a 15  percent share of CalFresh benefit costs, resulting in about $2  billion in new annual costs.
https://lao.ca.gov/Publications/Report/5126

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - In addition, state ‑required activities may be seen with skepticism and may not have sufficient local buy ‑in for the practices to be implemented effectively. In the case of the Governor ’s proposal, many of the 3,700 newly eligible schools may not have the expertise or local buy ‑in to effectively implement the community schools model and, as we discuss later, the state may not have the capacity to provide support to such a large number of schools.
https://lao.ca.gov/Publications/Report/5131

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - Californians Still Buying Fewer Cars Than Before the Pandemic. Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic. Like many other measures of economic activity, registrations plummeted in March and April 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/853

California New Car Registrations: January 2026 [EconTax Blog]

Mar 11, 2026 - Californians Still Buying Fewer Cars Than Before the Pandemic. Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic. Like many other measures of economic activity, registrations plummeted in March and April 2020.
https://lao.ca.gov/LAOEconTax/article/Detail/853

The 2026-27 Budget: Proposition 98 Guarantee and K-12 Spending Plan

Feb 4, 2026 - For example, the ratio of stock prices to corporate earnings (a measure of how expensive stocks are) is near historically high levels ( Figure  5 ). Investors are borrowing large sums to buy stocks, and households are more invested in the stock market than at any time in at least 70 years.
https://lao.ca.gov/Publications/Report/5110

California New Car Registrations: December 2025 [EconTax Blog]

Feb 9, 2026 - Californians Still Buying Fewer Cars Than Before the Pandemic. Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic. Like many other measures of economic activity, registrations plummeted in March and April 2020.
https://lao.ca.gov/LAOEconTax/article/Detail/848

California New Car Registrations: December 2025 [EconTax Blog]

Feb 9, 2026 - Californians Still Buying Fewer Cars Than Before the Pandemic. Statewide new car registrations declined steadily for several years leading up to the COVID-19 pandemic. Like many other measures of economic activity, registrations plummeted in March and April 2020.
https://lao.ca.gov/LAOEconTax/Article/Detail/848