Coastal Funding

On May 14, 2013, Governor Brown released the May Revision which proposes to spend $96.4 billion. The revised budget is $1.3 billion more than the FY 2012-13 budget released in January. The budget for natural resources is only $2.1 billion of the total budget and, although most categories saw an increase in funding, local governments took a big hit in the May Revision. One proposal, to loan the state general fund $500 million from California’s cap-and-trade program, which was designed to reduce green-house emissions, is opposed by a number of environmental groups. It is ironic that the state would delay programs to reduce global warming in light of the article below about California having the nation’s second highest level of energy-related emissions of carbon dioxide. We will continue to follow the state budget as the governor negotiates with the Legislature on a final spending plan.
 
 
Additional information on the May Revision can be found at www.ebudget.ca.gov 

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