AgdaPkt 2002-08-26 - Laserfiche WebLink

Browse Search

AB 680 from page 1 ........ · .......TREASURER ANNOUNCES COMMUNITY During the Committee debate, Steinberg deleted all the REINVESTMENT SEMINAR substantive language from his bill in an attempt to garner sufficient votes to send the measure to Conference Commit- The California Debt and Investment Advisory Commis- tee. Local government officials were successful, to date, in sion (CDIAC) chaired by California State Treasurer Phil their efforts to oppose the measure when it became Angelides will host an upcoming seminar titled "Tools to apparent the necessary committee support was not there toev tal ze Cai fora a Commun t es on September 25, m pass the bill, even with Steinberg's proposed amendments.Oakland. It is the first daylon9 workshop sponsored by Steinberg asked for and was granted a delay in the vote. CDIAC on how to access private capital and state funding The deadline for all bills to be reported from policy commit- for economic development through a wide variety of tees is Friday, August 9 - unless rules waivers are granted financing mechanisms. that allow Yor exceptions to occur. The seminar will feature presentations on over 20 We advise all interested members to keep an eye on the programs and techniques that promote redevelopment and Senate Daily Files, found at www.sen.ca.gov, to see if ABeconomic growth in California communities. Roundt~ble 680 is scheduled for an upcoming vote. and panel discussion will provide information on loans, grants, and other state debt programs available for purposes ................. such as affordable housing, health facilities, pollution control, community planning and small business develop- HOW IS THE BUDGET IMPASSE merit. Speakers will include over 50 representatives of state HURTING YOUR CITY? agencies, local governments, and private and non-profit investors, all of whom have extensive expertise in the field City officials are urged to help the League and the of community rebuilding and revitalization. LOCAL coalition identify the specific impacts that the delayed state budget is having on their communities. We The seminar will be held in con. junction with the need these examples to help legislators understand that the International Economic Development Council conference, at delayed state budget is hurting California communities, the Oakland Marriott Convention Center. Some examples: For more information, contact CDIAC at 916.653.3269 Road construction and repairs in some cities may be or visit the CDIAC Web site at www.treasurer.ca.gov/cdiac. curtailed as a result of the state withholding monthly Highway Users Tax payments to cities of $48 million a month, pending resolutiou of the budget. INSTITUTE FOR LOCAL SELF GOVERNMENT ADDS CHARTER CITY Many cities are having trouble passing their own SECTION TO WEB SITE budgets because they don't know how they will be impacted by state budget decisions.T'' he League s nonprofit research arm has added a And what about budgeting plans for next year? The section to its website about the process involved in becoming a charter city. The site includes sample State Finance Director sent a memo to State depart- materials as well. The shortcut to the section is merits telling them to prepare now for 20% cuts next year, and to provide those details by September 13. www.ilsg.or_o/chartercities. Are cities also trying to estimate the impact of next year's projected $10 b lion state deficit? The section is part of the Institute's ongoing efforts in service to cities' informational needs, as well as the I · Information about budget impacts should be shared nst tute s efforts to promote pub ~c confidence in local with your regional grassroots representative (find your rep government. The production of the site was a collab~- at www.cacities.ora/grassroots); or by contacting League rative effort with the Public Law Research Institute at Policy Analyst Frances Medema, 916.658.8218, e:mail Hastings College of the Law. medemaf@cacities.org. PAGE 4/PRIORITY FOCUS. Visit the League's Official W~'b Site--www.cacities.org