Thursday, 14 June 2012 01:39

Huber's AB-1191 passes Senate committee

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Amador County – Assemblywoman Alyson Huber’s AB-1191 to restore funding to Amador County made it through the Senate Governance and Finance Committee Wednesday, and next will go before the full Senate for a vote.

Jackson City Manager Mike Daly attended the hearing at the state capital in Sacramento and was encouraged by the unanimous vote. He said he believes the next step is a full Senate vote, and “given the unanimous vote of the committee, I expect that that should go well.”

Daly said the funding was the most significant variable still unknown for the city’s budget, and AB 1191 is a “potential fix to the unanticipated loss in the General Fund due to a quirk in the ‘triple flip,’ vehicle license fee (VLF) swap and Education Revenue Augmentation Fund (ERAF), a process established to satisfy the state deficit bonds issued in 2005 and meet funding requirements of Proposition 98.”

Daly, in a report to the Jackson City Council Monday, said that “due to the decline in property tax and the recently determined ‘basic aid’ status of the Amador County Unified School District, a portion of the VLF swap amount due to the cities and county was redirected to ACUSD. This resulted in a loss of approximately $100,000 in property tax revenue the past two years.”

He said “two potential fixes in the form of a State budget supplement and Assembly Bill 1191 introduced by Alyson Huber could remedy this problem. The budget amendment has cleared the early hurdles and AB1191” had a critical hearing in the Senate committee Wednesday, June 13, passing unanimously.

Daly said the budget language would reimburse the county and cities for losses in fiscal year 2010-2011, and AB 1191 moves forward with the start of fiscal year 2013. He said 1191 would require legislative reauthorization to reimburse the losses, and it provides a mechanism for that to occur.

Daly said it goes about as far as it needs to fix the losses. Jackson would get about $100,000, Ione about $200,000, and Amador County about $1.1 million. Sutter Creek and Plymouth would also get funds.

Story by Jim Reece This email address is being protected from spambots. You need JavaScript enabled to view it.

Read 1901 times Last modified on Thursday, 14 June 2012 02:11