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Governor Signs Budget
TO: CLA Members/ Systems/ Network Contacts
FROM: Mike Dillon, CLA Lobbyist; Christina Dillon, CLA Lobbyist
RE: News From the Capitol
GOVERNOR SIGNS BUDGET
Just before noon today, the Governor signed the 2008-09 State Budget. In his signing message the Governor stated: The 2008 Budget Act resolves he $24.3 billion budget deficit identified in the May Revision. It provides a modest reserve of $1.7 billion this year, but projects a deficit of $1.0 billion in 2009-10. While this budget does not resolve the state's persistent structural budget deficit, it includes a historic budget reform measure that puts California on the path to fiscal stability and avoids borrowing from local governments or transportation funds. The Governor's message went on to state: This budget holds General Fund spending to virtually no growth this year - $103.4 billion in 2008-09 compared to $103.3 billion in 2007-08. The Budget includes a reduction of $850 million General Fund, or one percent below the amounts proposed in the budget bill adopted by the Legislature.
Specifically, with respect to Libraries, the Governor has made reductions to various Library programs of 5 percent from the Budget adopted by the Legislature. The additional 5 percent reduction reflects the original 10 percent reduction proposed in the Governor's January Budget Proposal. The additional 5 percent reflected a decrease in funding for the "English Acquisition and Literacy Program," of $253,000 (from $4,811,000 to $4,558,000). The "Direct Loan and Interlibrary Loan Programs" were reduced by $717,000 (from $10,899,000 to $10,182,000), and the "Public Library Foundation Program" (PLF) was reduced by $718,000 (from $13,642,000 to $12,924,000). Other State Library Programs suffered a similar 5 percent reduction.
Posted on September 23, 2008 4:26 PM | Permalink