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Real Estate/Development

Jan. 6, 2004

Governor Flexes Muscle to Provide Funding for Local Governments

BY REX HIME Gov. Arnold Schwarzenegger turned to his executive branch power to ensure that scheduled payments will be made to cities and counties - monies that needed to be replaced due to the repeal of the tripling of the vehicle license fee.

BY REX HIME

Gov. Arnold Schwarzenegger turned to his executive branch power to ensure that scheduled payments will be made to cities and counties - monies that needed to be replaced due to the repeal of the tripling of the vehicle license fee.

The governor decided to invoke mid-year budget authority granted to him by the Legislature.

Section 27 of the 2003 Budget Act allows the governor to spend $2.7 billion for local governments over the balan...

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