League of California Cities Priority Focus Editions #1 dated January 9 2009 and #2 dated January 16 2009. January 9 2009 Issue #1 2009 Page 4: Governor s Budget Proposal: Summary of Items of Interest or Concern to Cities Page 5: California Water Environment Association Offers Training on SSO WDR New Mayors and Council Members Academy to Take Place this Month City Advocate Weekly Replaces Priority Focus in January Find a Bill Legislators Leg Committee or Ask League Leg Staff Page 6: League Offices Temporarily Relocated PRESIDENT ELECT OBAMA DISCLOSES DETAILS ON HIS ECONOMIC STIMULUS PLAN California Prepares For Influx of Federal Funding This week President Elect Barack Obama began releasing more details for his plans to jumpstart the nation s economy. The American Recovery and Reinvestment Plan is expected to invest in health care energy infrastructure and education as well as save or create over 3 million jobs. It will focus on responsibility accountability and transparency. You can read the details of Obama s plan at http://change.gov/agenda/economy_agenda/. For more see Page 2. IN THIS ISSUE: SEN. FEINSTEIN INTRODUCES FISCAL RELIEF BILL FOR LOCAL GOVERNMENTS Sen. Dianne Feinstein (D California) has introduced S. 116 a bill to require the Secretary of the Treasury to allocate $10 000 000 000 of Troubled Asset Relief Program (TARP) funds to local governments that have suffered significant losses due to highly rated investments in failed financial institutions. For more see Page 3. STATE BUDGET SOLUTION NOWHERE IN SIGHT A solution to the state s $41.6 billion 18 month budget deficit seemed farther away this week when Gov. Arnold Schwarzenegger vetoed the entire package of budget balancing bills passed by the Legislature in December. That package of 12 majority vote only bills aimed to cut state expenses and raise revenues to achieve about $18.1 billion current fiscal year General Fund savings split roughly into $9.3 billion in new revenues and $8.7 billion in cuts. F...
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