Laserfiche WebLink
/./__ - <br /> ti ;. <br /> u:w1 <br /> � , • . <br /> i i i � Sept 26, 2003 <br /> � ° � Issue #38-2003 <br /> .< <br /> � :. <br /> '� ��� �'``�e'+ .;,` . <br /> .._.,.. .`�.... ".: :�,� unai�+sis. �co�eMO,� +�d „Pdpss n► IeqalNi.s s�i'oi� e»ves d�a oliscr caS�fama ca+cs <br /> BOARD OF EQUALIZATION DEFINES "TRIPLE FLIP" <br /> HOt BIIIS PR�CESS AND DETAILS <br /> The State Board of Equalization (SBOE) has released an analysis of A61X <br /> ■■■■ Act Now 7, one of the state budget bills that established the provisions of the budgetary <br /> ' "triple flip". The analysis of AB1X7 may be found on the SBOE website <br /> . <br /> ■ www.boe.ca.qov under Legislation — 2002-03 Sales Tax. <br /> ' The legislature is in The "triple flip" put in ptace a complex revenue swap to fund the deficit <br /> � Interim Recess. It wi�l bonds the state will issue to balance the budget. The provisions, which will <br /> ■ reconvene January 5, not become effective until Julv 1 2004 wiil trade .5% of the local Bradley- <br /> : 2004. Bums sales tax for an equal share of property taxes from the countywide <br /> ■ Education Revenue Augmentation Fund (ERAF). For more, see page 4. <br /> . <br /> ' ............... <br /> : <br /> . LEGISLATURE CONSIDERS NEW RULES ON <br /> � 2"D HOUSING UNIT ORDINANCES <br /> . An interim hearing on AB 1160 (Steinberg) dealing with 2n° unit ordinances <br /> ' has been scheduled In Assembly Housing Committee for Tuesday, November <br /> ■ 18. The League views this hearing as an important opportunity for cities to <br /> : weigh in on a measure that would undermine local planning authority and deny <br /> ■ the public a voice in local land use decisions that affect them. For more, see <br /> ■ <br /> . page 4. <br /> ............... <br /> . <br /> LOS ANGELES COUNTY DIVISION HOLDS SECOND <br /> � CITIPAC FUNDRAISING EVENT <br /> Want more details on <br /> these and other bills? Donors and Council Members attended the first CITIPAC fundraiser for the <br /> Log on to the League of Los Angeles County Division's Gateway cities this past Wednesday, September <br /> Ca�i�orn�a Ciries web sire 24. Nonvalk Vice-Mayor Cheri Kelley chaired the evening reception, along <br /> at www.cacities.orgl with co-chairs Larry Nelson of Artesia, Randy Bomgaars of Bellflower, Laura Lee <br /> legtrackmg. of Cerritos, Beverly O'Neill and Dan Baker of Long Beach, Betty Putnam and <br /> Joe Serrano of Santa Fe Springs, Larry Forester of Signal Hill and Greg <br /> Nordbak of Whittier. For more, see page 2. <br /> Page 2 FEDERAL CALFED LEGISLATION INTRODUCED IN HOUSE OF REPRESENTATIVES <br /> RECENT LEGAL ADVOCACY FILINGS <br /> Page 3 DON'T MISS THE OCTOBER ISSUE Of WESTERN CITY MAGAZINE <br /> TEA•21 EXTENSION APPROVED BY U.S. HOUSE AND SENATE <br /> Page 5 LEGISLATIVE BILL SUMMARIES <br />