State Allocation Board Increases Grant Amounts and Impact Fees
On January 22, the State Allocation Board (SAB) met to approve an adjustment to School Facility Program (SFP) grants, and to Level I development impact fees.
Governor Releases Proposed State Budget
This morning, Governor Newsom released his proposed State Budget for the 2020-21 fiscal year. The Governor’s Budget focuses on health care affordability, homelessness, housing affordability, as well as addressing the issues of climate change, which includes wildfires. This is a conservative budget with few large ongoing new programs and significant contributions to the State’s reserve accounts.
Topline
The Budget capitalizes on additional revenues, but recognizes a decline in the most recent economic expansion. The Budget proposes to increase overall reserves, which are projected to total $21 billion. The Budget also projects that if there were a moderate recession in the next three years, there could be an up to $70 billion General Fund revenue loss during the same period. If this were to happen, the General Fund budget deficit, however, would be only approximately $40 billion because of automatic spending cuts to programs such as Proposition 98.
Message from the Chair – Proposition 13: The Public Preschool, K-12, and College Health and Safety Bond Act of 2020
Proposition 13: The 2020 State School Bond
AB 48 (O’Donnell) approved by the Legislature and signed by the Governor, has now become Proposition 13 and will appear on the March 3, 2020 California Primary Ballot. Proposition 13 continues the School Facility Program (SFP) with new resources and important programmatic improvements. CASH is urging support for Proposition 13. We need your assistance to help spread the message that approval of Proposition 13 is critical for California’s students, teachers, California’s economy, and for building, renovating and maintaining schools to ensure that they are clean, safe and healthy.
County Office Facility Planner Update – January 2020
Topics covered in this month’s update include:
- Proposition 13, The Public Preschool, K-12, and College Health and Safety Bond Act of 2020
- CASH 41st Annual Conference in Long Beach
- Upcoming Networking Mixers