department of transportation highlights of the 2007-08 may revision to the governor’s budget
DESCRIPTION
Tab 7 Ref 4.14. Department of Transportation Highlights of the 2007-08 May Revision to the Governor’s Budget. Presented to the California Transportation Commission June 7, 2007. Department of Transportation 2007-08 Proposed Budget. 2007-08 Department Budget $13.84B - PowerPoint PPT PresentationTRANSCRIPT
1Division of Budgets
Department of TransportationDepartment of TransportationHighlights of the Highlights of the
2007-08 May Revision 2007-08 May Revision to the Governor’s Budgetto the Governor’s Budget
Presented to thePresented to theCalifornia Transportation CommissionCalifornia Transportation Commission
June 7, 2007June 7, 2007
Tab 7Ref 4.14
2
Department of Transportation Department of Transportation 2007-08 Proposed Budget2007-08 Proposed Budget
2007-08 Department Budget $13.84B Capital Outlay $6.34B Local Assistance $3.48B State Operations $4.02B Total positions 21,827
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Proposition 1B Proposition 1B Transportation BondsTransportation Bonds
Total Three-Year Appropriations $11.487B $8.430B Department appropriation
$2.5B appropriation for 2007-08 Flexibility between bond programs and years $13.4M appropriation for administrative support,
including 112 three-year positions
$3.057B Non-Department appropriations $1.586B appropriation for 2007-08
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Revenue UpdatesRevenue Updates
Revised Sales Tax Revenues for 2007-08 $1.480B Prop 42, $5M increase from January
$827M Spillover, $210M increase from Januaryo $200M of increase to reimburse General Fund for
2006-07Home-to-School expenditures
$357M Diesel sales tax, $28M increase from January
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Other ItemsOther Items
Capital Outlay Support $207M and 527 full-time equivalent positions Includes 5-year COS needs and bond workload
State Transit Assistance appropriation increased to $206M, $21M increase from January $13.6M increase from revenues $7M adjustment to STA for 2006-07 overpayment
Corridor System Management Plans $9.7M two-year appropriation for to develop and
monitor urban corridors affected by the CMIA