Category Archives: Budget Crisis
Mayors Advocate For Enterprise Zones
Mayors from around the State have been in Sacramento advocating for the Enterprise Zone Program in the wake of the loss of Redevelopment. The Los Angeles Daily News, for example reports: In Sacramento, Villaraigosa will also explore legislation to spur development in the absence of CRA/LA funds, said [Deputy Mayor Sarah] Sheahan. “We are advocating [...]
BREAKING: Budget Released Early – Proposes Enterprise Zone Reform Not Elimination
The Governor moved up the release of his 2012-2013 budget proposal from Jan. 10 to today. Under the heading “Supporting Job Creation,” the budget summary document says: The resulting stability from a balanced budget will give businesses the certainty and the reassurance they need to invest in California. In addition, the Administration will propose legislation [...]
CA Supreme Court Rules RDA Elimination Legal
The California Supreme Court has ruled today that the elimination of Redevelopment Agencies by the Legislature was legal. Here is a PDF of the Court’s decision. The decision is a mixed bag in terms of its implications for the Enterprise Zone program. On the one hand, there was $1.7 billion dollars of budget deficit solutions [...]
Budget Reaction Roundup 2
From the Hesperia Star: Brown would also shut down enterprise zones across the state, including the one recently declared for much of Hesperia. Businesses can generate millions of dollars of tax credits for operating in an enterprise zone. Hesperia’s enterprise zone covers the location of more than 90 percent of current businesses. “We had a [...]
The Illinois Example
The State of Illinois just passed a massive tax increase to deal with its budget deficit. Californians should pay close attention to the reaction. The AP reports: While many states consider boosting their economies with tax cuts, Illinois officials are betting on the opposite tactic: dramatically raising taxes to resolve a budget crisis that threatened [...]
Budget Reaction Roundup
The editorial board of the Desert Sun is not happy with the proposal to eliminate Enterprise Zones and also got a reaction from Assembly Jobs Committee Chair V. Manuel Perez: Perhaps the most disturbing idea is Brown’s proposal to eliminate redevelopment agencies and enterprise zones. Assemblyman V. Manuel Pérez, whose 80th District includes the Coachella [...]
Lt. Gov. Newsom Hopes Gov. Brown Will Keep Open Mind About Enterprise Zones
From the San Jose Mercury News: He said after his speech that he has concerns about Brown’s proposal to eliminate funding for enterprise zones and local redevelopment agencies, which he credited for helping to build up Mission Bay and Treasure Island in San Francisco. He said enterprise zones helped the city lure Virgin America airline. [...]
Mayor Villaraigosa: “Any scenario that would completely eliminate the Redevelopment Zones and State Enterprise Zones is a non-starter”
As reported in the Los Angeles Times: Los Angeles is “prepared to shoulder its fair share of the responsibility” for balancing the budget, said Mayor Antonio Villaraigosa. But, “any scenario that would completely eliminate the redevelopment zones and state enterprise zones is a non-starter.”
Governor Brown’s Proposal
The following is the full text of Governor Brown’s proposal for the Enterprise Zone in the upcoming budget. It is important to keep in mind that final budgets never look the same as January proposals, and that these proposals will need to pass the legislature as bills that will go through the rigorous legislative process: [...]
Local Reactions to Budget Rumors
Even though there are no specific details on any budget proposals, and we have seen many false alarms in the past, local officials are starting to react to hints reported in the media. This article in the Appeal-Democrat discusses the reactions of officials in Yubba and Sutter Counties: A possible 2011-12 state budget item to [...]
New Assemblyman Advocates Strengthening Enterprise Zones
As reported in Vaughn Hromiko’s WOTC Planet blog, the newly elected Assemblyman of the 28th District representing the Salinas Valley, Luis Alejo, recently defended the Enterprise Zone Program. Writing for the Salinas Californian, he said: Preserving our state Enterprise Zone program is one such effort as it has come under attack under tough budgetary times [...]
LA Times: Brown Budget Will Target Enterprise Zones
According to the Los Angeles Times, Enterprise Zones will be a target of incoming Governor Brown’s budget proposal: The blueprint Brown will unveil when he takes office early next month also is expected to take aim at several tax breaks and subsidies that have been fiercely guarded by the business lobby in Sacramento, according to [...]
League of California Cities Advocating for Enterprise Zones
The League of California Cities is encouraging local officials to begin dialogs with their legislators about the importance of Enterprise Zones.
LAO Criticizes Enterprise Zones at Budget Briefing
Governor elect Jerry Brown held a two-hour meeting today in Sacramento to discuss the State’s budget with lawmakers and policymakers. Video of the entire event can be seen here. Toward the end of the meeting, Assemblyman Bob Blumenfield asked Mac Taylor of the Legislative Analyst’s Office about how tax expenditures could be part of the [...]
100 Days: Budget Deal Passed
Here are the stories: The Sacramento Bee Los Angeles Times San Francisco Chronicle Wall Street Journal
