Ballot titles, summaries and fiscal statements for California 2010 ballot propositions
Ballot title: Prohibits the State from Borrowing or Taking Funds Used for Transportation, Redevelopment, or Local Government Projects and Services. Initiative Constitutional Amendment.
Official summary: Prohibits the state, even during a period of severe financial hardship, from delaying the distribution of tax revenues for transportation, redevelopment, or local government projects and services.
Estimated fiscal impact: Due to restrictions on state authority over fuel and property taxes, the state would have to take alternative actions -- probably in the range of $1 billion to several billion dollars annually. This would result in both:
- Reductions in General Fund program spending and/or increases in state revenues of those amounts.
- Comparable increases in transportation and redevelopment resources.
Ballot title: Prohibits the State from Taking Funds Used for Transportation or Local Government Projects and Services.
Official summary: Prohibits the State from shifting, taking, borrowing, or restricting the use of tax revenues dedicated by law to fund local government services, community redevelopment projects, or transportation projects and services. Prohibits the State from delaying the distribution of tax revenues for these purposes even when the Governor deems it necessary due to a severe state fiscal hardship.
Estimated fiscal impact: Significant constraints on state authority over city, county, special district, and redevelopment agency funds. As a result, higher and more stable local resources, potentially affecting billions of dollars in some years. Commensurate reductions in state resources, resulting in major decreases in state spending and/or increases in state revenues."
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