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HCD and EZ Program Budget Cuts

There is a $50,000 budget reduction for the Enterprise Zone program in ABX3_3, part of the emergency budget reduction package signed  by the Govenor on Saturday.  According to the Los Angeles Times:

The Legislature passed a package of emergency budget measures Friday, which lawmakers touted as swift, responsible bipartisan action that averts a cash crisis and erases nearly half the state’s $14.5-billion deficit.

But their move would not actually reduce spending on that scale; rather, it would push most of the red ink forward with accounting maneuvers and borrowing.

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