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AgdaPkt 2003-08-11
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AgdaPkt 2003-08-11
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6/2/2011 2:30:16 PM
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8/7/2003 2:39:19 PM
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CC Index
CC Index - Document Type
Agenda Packet
Agency Type
City Council
Date
8/11/2003
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9A -2 <br />FEDERAL from page 4 • • • <br />BUDGET BILLS from page 9 • • a <br />FY 2004 VA, HUD and Independent Agencies <br />Appropriations <br />On July 21, the House Appropriations Commit- <br />tee approved its FY 2004 VA -HUD spending bill <br />(unnumbered). The bill funds the Department of <br />Housing and Urban Development (HUD) at approxi- <br />mately $37 billion, $942 million above FY 2003, <br />including: <br />• $4.9 billion for the Community Development <br />Block Grant (CDBG) program, a $54 million in- <br />crease over FY 2003, which includes $4.5 billion for <br />formula grants. <br />• $2.064 billion for the HOME Investments <br />Partnerships program, a $77 million increase over <br />FY 2003, which includes $1.87 billion for formula <br />grants. <br />• $18.4 billion for the Housing Certificate Fund, <br />a $1.3 billion increase over FY 2003, including <br />$11.57 billion for Section 8 voucher renewals. <br />• $2.7 billion for Public Housing Capital Fund; <br />and $3.6 billion for Public Housing Operating <br />Subsidies. <br />• $1.242 billion for homeless assistance <br />grants, a $24.9 million increase over FY 2003, <br />which includes full funding to renew Shelter Plus <br />Care contracts. <br />• $50 million for HOPE VI, a substantial de- <br />crease from the FY 2003 level of $574 million. <br />• $773 million for the Housing for the nation's <br />elderly program (Section 202). <br />• $250 million for the Disabled Housing pro- <br />gram (Section 811). <br />• $297 million for the Housing Opportunities for <br />Persons with AIDS program (HOPWA), a $6.89 <br />million increase over FY 2003. <br />In addition, the Committee indicated it would <br />defer any action on the Housing Assistance for <br />Needy Families (HANF) state block grant proposal <br />until it had been considered by the authorizing <br />committees. <br />state's uncertain fiscal future and because <br />legislation to forgive repayment could be en- <br />acted at a later date by a sample majority vote. <br />The result of the partial suspension of <br />Proposition 42 is a loss in fiscal year 2003 -04 of <br />$188 million for cities and counties for local <br />streets and roads rehabilitation and mainte- <br />nance, $88 million for the STIP, and $94 million <br />for the Public Transportation Account (PTA). <br />Further, the TCRP funding is reduced by $489 <br />million. <br />Public Transportation Account (PTA) <br />"Spill- over" Funds. AB 1751 would adopt the <br />Governor's proposal to eliminate an $87 million <br />transfer to the PTA and retain this amount in the <br />General Fund for non - transportation purposes. <br />However, the Governor's budget bill language <br />was deleted so that revenues in excess of $87 <br />million would be transferred to the PTA. Current <br />law contains an arcane formula that requires the <br />General Fund to transfer sales tax revenues to <br />the PTA under specified conditions. This trans- <br />fer is often triggered during periods of high <br />gasoline prices and is used to fund rail and <br />mass transit projects. The proposal does not <br />set a precedent - similar proposals have been <br />adopted in the past. <br />State Highway Account. Senate action on <br />the budget also included the requirement for <br />early repayment of $173 million in General Fund <br />obligations to the State Highway Account to be <br />financed through the proposed multi -year deficit - <br />financing bond. <br />AB 1765: Caltrans Project Delivery Staff- <br />ing. Reduces the Governor's proposal for <br />staffing by $18 million, from $147.9 million and <br />1,648 positions, to $129.9 million. These posi- <br />tions provide project design, planning, and <br />oversight support. These funds were redirected <br />to the State Highway Account for construction <br />projects. <br />Consolidation of Transportation Agen- <br />cies. The High Speed Rail Authority is respon- <br />sible for planning the development and imple- <br />Continued on Page 11 <br />PAGE 10 /PRIORITY FOCUS Visit the League's Official Web Site-- www.caci ties. org <br />
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