H/T to Jennifer Muir over at Total Buzz.
According to County Finance Director Frank Kim, the impact on the county budget could be as much as $93 million and that does not count cuts to health and social services programs.
Borrowing from Property Tax revenues $36.6 Million General Fund, $4.1 million from county parks, $3.1 million from libraries and $5.3 million from Flood Control.
Funding for Transportation projects will be cut $31 to $35 million. Redevelopment funding will take a $6.9 million hit.
Read Jennifer’s complete post at this link.
Do you think the legislature will pass the deal struck by the ‘Big 5’? Tell us what you think at TotalCapitol.com: http://totalcapitol.com/?tcpoll=50