March 1, 2013 Editor's NoteFor a PDF copy of the newsletter please visit the League's website. For more updates from the League, follow us on Twitter and like us on Facebook.
Congress Fails to Avert Sequestration, Across the Board Cuts Move ForwardToday, massive across the board spending cuts totaling $85 billion, known as sequestration, went into effect. Key words: Federal, Revenue and Taxation, Municiple Finance
Moody’s Investors Service to Review Downgraded Tax Allocation Bonds, Possibly Rescind RatingsOn Thursday, Moody’s Investors Service announced that for the next 90 days it will review its 2012 downgrade decisions for tax allocation bonds and possibly rescind the ratings due to insufficient information. Key words: Revenue and Taxation, Economic Development, Redevelopment, Redevelopment Bonds
Board of Equalization Approves Fuel Tax Swap IncreaseThe Board of Equalization (BOE) has approved an increase on the excise tax rate on motor vehicle fuel from 36 cents per gallon to 39.5 cents per gallon. The sales and use tax on diesel fuel will remain the same. Key words: Revenue and Taxation, Transportation
League Submits Comments on CalEPA’s Environmental Health Screening Tool, Final Version to Be Released in MarchFor many months, the League has been actively involved in a number of meetings regarding the development of the California Environmental Protection Agency’s (CalEPA) new environmental health screening tool, CalEnviroScreen. After two publicly reviewed drafts the tool is expected to be released in late March. Key words: Environmental Quality, CEQA, Land Use
Registration Open for Legislative Action Day and Preview WebinarThe League has opened registration for its 2013 Legislative Action Day Preview Webinar and Annual Legislative Action Day & Reception. Key words: Meetings and Events, Legislation
2013 City Managers' Department Meeting Podcasts Available NowIf you missed the 2013 City Managers' Department Meeting, you missed a great meeting! However, due to the generous support of City Managers’ Department sponsors, the League was able to record several of the breakout sessions which are now available on the League’s website. Key words: City Managers, Meetings and Events
Neglecting Annexation and Incorporation Won’t Serve State’s Growth GoalsThe March issue of Western City magazine examines the impact of the state’s de facto state approach to cities, which appears to be one of neglect. Key words: Western City, Land Use |
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