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PROP 42 from page 1............................................... Background. As reported in Priority Focus last Sen. Dennis Hollingsworth: (916) 651-4036, week, differing actions by the Senate and Assembly Fax: (916) 447-9008 budget subcommittees mean that the joint legislative Sen. Denise Moreno Ducheny: (916) 651- Budget Conference Committee will make the ultimate 4040, Fax: (916) 327-3522 decision regarding Proposition 42 repayment funds Assemblymember John Laird: (916) 319- and allocation of those funds in the FY 2006-07 2027, Fax: (916) 319-2127 budget. Assemblymember Rick Keene: (916) 319- 2003, Fax: (916) 319-2103 The committee's deliberations are based around Assemblymember Judy Chu: (916) 319-2049, two differing proposals: Fax: (916) 319-2149 . The Senate Budget Subcommittee #4 Talking Points approved repayment at the level of $460 million (half of the Governor's proposal), with the re- Below are some talking points to use when quested repayment allocation proportionally re- speaking with members of the Conference Com- duced (approximately $205 million to the Traffic mittee: Congestion Relief Fund, $127.5 million to local streets and roads and $127.5 million to the State- . Cities and counties received $254 million wide Transportation Improvement Project [STIP]). for fiscal year 2005-06 with the full funding of Prop. 42. However, we are not slated to receive - The Assembly Budget Subcommittee #5 goy, monies in FY 2006-07 and 2007-08, even if recommended repayment of the $920 million in the Proposition 42 is fully funded. The early repay- Governor's proposal, but shifted the allocations. ment of $920 million as proposed by the Governor The repayment would be allocated as follows: $308 and the Assembly will provide the only money for million to the Traffic Congestion Relief Program local streets and roads for critical preservation (TCRP); $245 million to the STIP; $245 million to and storm damage projects. local streets and roads; and $122 million to the Public Transit Account. . Cities can put this money to use immedi- ately. It will enable us to continue repairing city The League supports the Assembly pro- streets that are in disrepair, especially in light of posal to provide repayment of local street and damage caused by recent storms. road money consistent with the Governor's proposal. . While SCA 7, if passed, will provide repay- ment of borrowed Prop. 42 funds over 10 years, it Call to Actionl would be of greater benefit to make those repay- ments now so that the money can be put to use The Budget Conference Committee is currently immediately. We pay now, or we pay much more meeting to consider both the Senate and Assembly later to fix our streets and roads. recommendations for early repayment of Proposition 42 funds. Contact the members of the Budget . Repayment of $920 million now will reduce Conference Committee by phone or fax and the state's budget deficit and cut down interest urge their support of the $920 million early paid on continued debt. payback for local streets and roads ($245 million would go to cities and counties.) . Even if the infrastructure bond package passes in November, it is unclear when money will The Budget Conference Committee members actually start flowing. Providing payback of Prop. are: 42 funds now will ensure that cities have at least some funding for the local road system. Sen. Wesley Chesbro, Chair: (916) 651- 4002, Fax: (916) 323-6958 Visit the league's Official Website--www.cacities.org PRIORITY FOCUS - PAGE 3 June 2, 2006 - Issue #22