Tuesday, May 12, 2009

"The Hits Just Keep on Coming" - Prop 1A

(partial repost PublicCEO.com)

"County officials were stunned on Monday when Governor Schwarzenegger revealed that the black hole in the state budget for the 2009-10 fiscal year had grown to $15.4 billion; or $21.3 billion if the May ballot measures fail to pass. The figures were revealed in a letter to the Legislative Leadership and reported by KQED. CSAC is attempting to obtain a copy of the letter.

This revelation comes as the Administration is preparing to release the summaries of two approaches to the May Revision; one if the ballot measures pass and one if they do not."


Can't vouch for these sites, they just send me interesting stuff ...

Ref:
Sacbee.com: Governor lays out budget cuts this week - before May 19 vote
(http://sacbee.com/latest/story/1852059.html)

CSAC.counties.org: May 8/09
(http://www.csac.counties.org/)

PublicCEO.com: 'SUSPENSION OF PROPOSITION 1A REAL OPTION'

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Thank you for taking time to read and respond to my Post. A quick sentence stating your opinion will be much appreciated - it's the reason I'm blogging, Mike