The state's new budget calls for borrowing $2 billion from cities and counties, and takes another $1.7 billion from local redevelopment agencies this fiscal year. Almost all of these government entities are facing their own deep budget problems. In the Sacramento region, local governments and redevelopment agencies stand to lose $125 million. This database -- drawn from the estimates local government associations are sending to their members to help them plan for cuts -- lets you see how much the state will borrow or take from each local government this fiscal year.
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Please note: Some of these lost funds will be offset by A) federal stimulus money and B) the ability of local governments to borrow lost property tax revenue against the state's promised repayment. Special districts are not included. Agencies marked "County of" are county government agencies, and are separate from the other local governments shown. Check The Bee Sunday for a full story.
Sources:
californiacityfinance.com, maintained by
Michael Coleman, principal fiscal policy analyst for the League of California Cities;
California Redevelopment Association.
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