AgdaPkt 2007-07-23 - Laserfiche WebLink

Browse Search

7A Page 3 Prop. 1 B - $2 Billion for Local Streets and Roads - Adopted Assembly Version The Joint Senate/Assembly Budget Conference Committee moved and passed the Assembly version: $600 million for cities and counties for local streets and roads from Prop. 1 B for FY 2007- OB. Cities would receive $300 million of tllis appropriation. This is potentially subject to change, however, based on legislative leadership meetings expected to occur in the near future. The League of California Cities is continuing to advocate for the full $1 billion for cities. Transit Spillover - Adopted Compromise The Joint Senate/Assembly Budget Conference Committee provided $551 mlllion of the transit funds (including spillover revenue for General Fund relief) in the following manner: . $339 million for debt service . $129 million for Developmental Services - Regional Center Transportation . $83 million for Prop. 42 loan payoff Approximateiy $800 million will go to transit for operating costs. This represents a one-year approach with respect to transit spillover revenues, without addressing the multi-year approach as was previously proposed by the Assembly and would have affected the current Prop. 42 formula. As with Prop. 1 B funding, legislative leadership meetings might affect whether or not a multi-year approach for transit funding is pursued in the budget. High-Speed Rail Authority - Adopted Compromise The Joint Senate/Assembly Budget Conference Committee provided $55.5 million for the High- Speed Rail Authority, which is slightly more than previously proposed by either house in the past weeks. This revenue will come from two sources: $40 million from the Public Transportation Account and $15.5 million from Prop. 116. What's Next Although the committee took action on several transportation items of importance to cities, negotiations will continue with legislative leaders and Gov. Schwarzenegger until a final budget package emerges. These discussions may impact appropriations levels of the infrastructure bond package, in particular, the Prop. 1 B local street and road funds. The League will continue to provide updates in future issues of Priority Focus as these discussions continue. 'ACA 8' Continued from Page 1... Assembly Member De La Torre was joined by League Executive Director Chris McKenzie and California Mexican American Chamber of Commerce President Frank Moreno in supporting the legislation at the hearing. If it passes through the Legislature, ACA 8 would be placed on the 2008 ballot. If approved by voters, the constitutional amendment would prohibit the use of eminent domain to take an owner- occupied home to convey to another private party and new restrictions on the taking of small business properties for conveyance to private parties. Specifically, ACA 8 would do the following: . Prohibit the state or local governments from using eminent domain to acquire an owner. occupied home (including townhomes and condos) for transfer to another private party 3