The Latest on the La Jolla Seal Deal from AP

By GILLIAN FLACCUS  Associated Press Writer Published: Thursday, Jul. 23, 2009 – 11:51 am 

SAN DIEGO — A judge on Thursday delayed an order to remove federally protected harbor seals from a La Jolla cove, minutes before a deadline expired that would have required city officials to begin dispersing the seal colony.    Read more »

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A Summary of the Budget Balancing Plan

Floor Report

of the

2009-10 State Budget

As Modified by AB/SB 4X 1

July 22, 2009

Noreen Evans

Chair, Assembly Budget Committee

SUMMARY

 

 

This Floor Report summarizes the contents of a majority vote package of bills that provides $24 billion in budgetary savings and achieves a $921 million reserve.

California’s budget reflects the harsh reality of diminished resources forced by the recession and mirrors the difficult decisions millions of our residents must make in these lean times.    Read more »

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Give Early, Give Often

 

Among the measures used to help balance the budget for the fiscal year that began July 1 is paying more estimated tax payments sooner.

Prior to this year, taxpayers and corporations paid four quarterly payments of their estimated tax liability of 25 percent each. To help balance the budget in February, that payment schedule was changed to 30 percent during the first two quarters and 20 percent during the final two.    Read more »

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What the Budget Deal Means for Public Schools

A major component of the budget deal announced the evening of July 20 is a commitment by the state to pay back public schools $11.2 billion they have been shorted over the past two years.

Proposition 1B on the May ballot, which was defeated by voters, would have required the state to pay back $9.3 billion but the amount owed schools has grown.    Read more »

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DAY 20: FISCAL YEAR 2009-2010 YREKA!!! BUDGET DEAL ANNOUNCED

A deal was announced around 7:15 PM, Pacific Standard Time, between Gov. Arnold Schwarzenegger and the Legislature on closing an estimated $26 billion gap in the budget for the fiscal year that began July 1.

As always, untidy details to follow.

-30-    Read more »

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Schwarzenegger signs La Jolla Seal Deal Bill

Saying that even though solving the state’s budget problems was his first priority, GOP Gov. Arnold Schwarzengger signed a measure July 20 to help resolve one of La Jolla’s most vexing crises — what to do about the enclave of harbor seals that have taken over a small cove near the intersection of Coast Boulevard and Jenner, just shy of Scripps Park.    Read more »

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Day 20: Fiscal Year 2009-2010

SACRAMENTO

4:47 PM, Pacific Standard Time

 

As of this hour, no deal has been struck between lawmakers and Gov. Arnold Schwarzenegger on closing an estimated $26 billion hole in the budget for the fiscal year that began July 1.

*****

On July 19, Assembly Speaker Karen Bass, a Los Angeles Democrat, predicted a deal would be consummated before the end of the week.    Read more »

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Day 17: Fiscal Year 2009-2010

Glenbrook, Nevada, Lake Tahoe

7:05 PM, Pacific Standard Time 

As of this hour, no deal has been consummated between the governor and the Legislature over closing an estimated $26 billion hole in the budget for the fiscal year that began July 1.

*****

Gov. Arnold Schwarzenegger met with legislative leaders late in the afternoon to try to resolve their differences, which appear to revolve principally over how to repay schools money the state has shorted them over the past two years – at least $9.3 billion and possibly over $11 billion — under the terms of Proposition 98, the 1988 ballot measure that dictates the state’s annual contribution to public schools.    Read more »

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Day 15: Fiscal Year 2009-2010

GLENBROOK, NEVADA, LAKE TAHOE

5:45 PM, Pacific Standard Time 

No deal struck between the governor and the Legislature on closing an estimated $26 billion hole in the budget for the fiscal year that began July 1.

*****

Various media reports say, generally:

 1) The governor and the Legislature are $400 million apart on closing the gap.    Read more »

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A Recent Budget Alert from the California State Association of Counties

“It appears that legislative leaders and the governor are very close to resolving the state’s $26+ billion budget deficit.  Local government proposals are among the outstanding issues yet to be finalized.  Here is what we know are potential options: 

“Proposition 1A suspension: Estimated $2B suspension with the option to securitize the state’s repayment.”    Read more »

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