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February <br /> Issue #8-2002 <br /> <br /> Hot Bi Ils LEGISLATIVE ANALYST SAYS DEFICIT HAS GROWN BY <br />.... tO Watch $5 BILLION WITH NEW PERSONAL INCOME DATA <br />-' To appropriately temper all of the "good news" from Sacramento about <br />_' ~680 protecting local government revenues, the Legislative Analyst's Office (LAO) <br />· (Steinberg). Land on Wednesday provided some sobering revelations regarding their latest <br />· use: sales tax and reading on the state budget deficit. With the data from the December and <br />-" property tax January personnel income tax withholdings, the LAO now pegs the state <br />· revenue allocation, budget deficit at $5 billion greater than was estimated in January. This <br />-~ Now double- places the deficit in the $17 billion range overall, although the state recently <br /> took action to reduce the current budget deficit by $2.5 billion. This leaves a <br />· referred to the <br /> deficit in the $15 billion range in the 2002-03 state budget. Formore, see <br />-' Senate Revenue & <br />· page 2. <br />· Taxation and <br />· Senate Local <br />-' Government SENATE COMMITTEE REVIEWS PROPOSED LOCAL <br />· Committees. GOVERNMENT BALLOT MEASURE <br /> <br />_' The League of California Cities and other local government representatives <br />· were invited to brief the Senate Local Government COmmittee this week on <br />· the associations' plans for a statewide ballot measure to protect local rev- <br />· enues. League Executive Director Chris McKenzie testified, as did representa- <br />·' rives from the League's partners in the ballot measure effort, the California <br />· State Association of Counties (CSAC) and the California Special Districts <br /> Want more details on Association (CSDA) For more, see page 3. <br />these and other bills? ' <br />Log on to the League of <br />California Cities Web site, <br />at www. cacities, org and <br />click on Legislative <br />Advocacy. <br /> <br /> Page 2 · OPPORTUNITIES FOR NLC CONVENTION GOERS <br /> Page 3 · LANGUAGE FOR COMMUNITY HEALTH & PUBLIC SAFETY <br /> PROTECTION ACT <br /> Page 4 · LEGISLATIVE BILL SUMMARIES <br /> <br /> <br />