The battle in Sacramento continues with Governor Schwarzenegger still threatening to veto the budget. The California Planning & Development Report reports the budget now before the Governor will strip transportation funds from cities around the state. Who didn't see that coming? "Among the provisions in the budget is a shift of about $1 billion in the transit fund to the general fund, supposedly to pay for transportation programs. A second provision shifts about $350 million in redevelopment agency tax increment to schools and community colleges... As best I can tell, these are not loans. The state is simply re-allocating the money. The shifts appear to be one-time acts." [CPDR]
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