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Wednesday, October 14, 2009

A time for ideas, not illegal raids - Vallejo Times Herald


A time for ideas, not illegal raids - Vallejo Times Herald:

"Anyone who made even a cursory examination of last July's state budget agreement could see that it was a sham. It made unreasonable assumptions, desperate raids on local revenues that have to be repaid and relied on illegal transfers of special-purpose funds.

As time goes on, the shortcomings of the budget agreement are becoming even more apparent. The latest blow to the state's budgeting shenanigans comes from the California Supreme Court. It upheld a lower-court ruling that raids on funding for bus and train service are illegal.

The court rejected an appeal by the Schwarzenegger administration, which sought the right to divert $3.4 billion in transit funds to the general fund to help fill a gaping deficit hole."