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

Mar 9, 2026 - Yet the dot-com bubble hit California revenues worse because the bubble was concentrated in technology companies headquartered here. The result was a deeper and more protracted revenue decline than the state experienced during the broader financial crisis and related recession.
https://lao.ca.gov/LAOEconTax/Article/Detail/852

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

Mar 9, 2026 - Yet the dot-com bubble hit California revenues worse because the bubble was concentrated in technology companies headquartered here. The result was a deeper and more protracted revenue decline than the state experienced during the broader financial crisis and related recession.
https://lao.ca.gov/LAOEconTax/article/Detail/852

California’s Strong Revenue Trends Mask Looming Budget Risk

Jan 23, 2026 - California’s Strong Revenue Trends Mask Looming Budget Risk Search In Fiscal Perspectives , the Legislative Analyst periodically offers the Legislature his views on fiscal matters facing California. California’s Strong Revenue Trends Mask Looming Budget Risk January 23, 2026 Tweet Gabriel PetekLegislative Analyst History suggests that fiscal risks can build during times when they are easiest to ignore.
https://lao.ca.gov/Publications/Report/5104

The 2026-27 Budget: California Department of Corrections and Rehabilitation

Feb 23, 2026 - Governor’s Proposal Redirect 100 On ‑Site Providers to Tele ‑Mental Health. The Governor proposes to redirect 100 on ‑site providers at various prisons to become remote staff. The positions consist of psychiatrists, social workers, and psychologists.
https://lao.ca.gov/Publications/Report/5137

Addressing Chronic Vacancies in Prison Mental Health Care

Feb 23, 2026 - Under the proposal, 100 existing on ‑site clinicians would be redirected to tele ‑mental health. The  additional resources would fund supervisory and support staff (such as the on ‑site medical assistants that help clinicians during tele ‑mental health appointments) and equipment.
https://lao.ca.gov/Publications/Report/5134

The 2026-27 Budget: K-12 Proposals

Feb 19, 2026 - LEAs also may need to redirect existing funding, such as Local Control Funding Formula (LCFF) or expanded learning funds, for activities that can be integrated with community schools grants. State Has Robust System of Technical Assistance.
https://lao.ca.gov/Publications/Report/5131

The 2026-27 Budget: Computer Science Supplementary Authorization

Mar 6, 2026 - As a result, a modest increase in the size of the grant, as proposed by the Governor, is unlikely to increase demand for the program. Recommendation Reject Proposal. We recommend the Legislature reject this proposal.
https://lao.ca.gov/Publications/Report/5153

The 2026-27 Budget: California Highway Patrol Proposals

Mar 6, 2026 - The Governor proposes one-time General Fund for two capital outlay-related activities in 2026-27: CHP Field Office Planning and Site Identification. The budget includes $1  million from the General Fund for CHP to identify suitable parcels for replacing up to three field offices and to develop studies for those sites.
https://lao.ca.gov/Publications/Report/5152

Oversight of certain public benefit artificial intelligence (AI) companies. [Ballot]

Jan 20, 2026 - The measure would have the following major fiscal effects: Increased state costs that would likely be in the tens of millions of dollars annually to establish and operate a new regulatory commission overseeing certain public benefit AI com panies.
https://lao.ca.gov/BallotAnalysis/Initiative/2025-033

The 2025-26 California Spending Plan: Human Services

Nov 21, 2025 - These changes (described further below) result in net savings of about $21  million total funds in 2025-26 and about $32  million total funds in 2026-27 and ongoing. Of these savings, the spending plan reinvests about $4.6  million in 2025-26 and $14  million in 2025-26 and ongoing into the CalWORKs single allocation, resulting in General Fund savings of about $16  million in 2025-26 and $18  million in 2026-27 and ongoing.
https://lao.ca.gov/Publications/Report/5086/2