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8A <br /> Page 1 <br /> , � � <br /> : �.� �.�=t•.t;:i�;�: <br /> �,�"";`.:�.�..�...i�,.l��:'� �����.� �� <br /> . �� <br /> :...:...........................,..:......_,:......._._.:.�.:.....;�.,........ ._.._.. _ <br /> -�;:��:y�: .� ..an ��., :�-;�;v;:�t�:z 'x�..•:;�.s. .;F:: �'�: <br /> � July 31, 2UU9 <br /> Issue#29-2809 <br /> IN THlS ISSUE: <br /> r age 10: The Sacramento 8ee reaiures Database io Caicuia#e impact of Sta#e Budget an Cities and Redeve�apment <br /> Associations <br /> League of California Cities Major Biil List <br /> Page 1't: On-Camera Media Trsining AvaiEable for City O�cials at the League's Annua!Conference <br /> �unding#orAB 8�1-Type Pragrarns Availabte <br /> LOCAL FUNDS PART OF �INAL BUDGET S4LUTION <br /> Prop. 7A Suspended, Redevelopmenf Funds 1llegally Seized <br /> Gov. Arnold Schwarzenegger on Tuesday,Ju[y 28, signed the budget. The package,wh[ch <br /> contained 27 bills, uftimately pared down the general fund budget to$84 bi(iion, compared to a <br /> year ago when the general fund budget was more#han$100 bi1{ion.A significant portion of the <br /> final budget package relies on 1oca1#unds to bafance the state de�cit. Formore, see Page 2. <br /> w��s��a��s�s�is�s�����sw+�����as��ss <br /> 1NHAT YOU SH4ULD KNOW ABOUT "SECURIT[ZATf�i�" QF THE PR�P. '{A LOAN <br /> The enactment on July 24 of legislation providing for the"bor�owing"of up to 8 percent af the <br /> focal property tax under Propositiort �A{20(}4)recognizes the state's cortstitutionaily required <br /> repayment obiigation by June 30, 2013.The Prop. 1 A repayment legisla#ion (ABx4 1.5}a(so <br /> autho�izes cities and other�ocal ager�cies#o self t�is repayment commitment tor"Prop. 1 A <br /> recei�able"7 to a joint powers authority(JPA}, sponsared by the League and t�e Cafifornia S#ate <br /> Association o'f Counties (CSAC}, (California Communities), and in return receive a por#ion o€bond <br /> proceeds from t�e JPA Iong before the state is required to repey the"Prop. 1A Eoan." <br /> For mvre, see Page 8. <br /> �����rf��r�lr������1r����R����sir���• <br /> FINAL BUDGET iNCLUDES tLLEGAL REDEVEL4PNiENT SEIZURE <br /> The$2.05 8i!lion Redevelopmen# Take Means 198,000 Los�Jobs <br /> Although the budget signed into law by Gov.Arnold Schwarzenegger earlier this week includes <br /> severaf"wins"for cities,the�.eague remains concerr�ed about the cons�itutipnality and economic <br /> impact o�the rede�efopment agency take.The FY 2009-10 budgef seizes�1.7 billion in <br /> redevefopmer�t revenue and an additional$350 million in FY 2�10-11,to#aling$2.05 billion. <br /> For more, see Page 9. <br />