Business, Transportation, and Housing
Proposed Business, Transportation and Housing Spending in 2007-08

Change Table BTH-01 illustrates the major changes proposed to Business, Transportation and Housing Agency spending in the Governor's Budget.

The major workload adjustments required by law for 2007-08 include the following:

  • Proposition 42 funding included in the 2006-07 Budget is backed out of the starting figure for 2007-08. Full funding of Proposition 42 is proposed in 2007-08 but the one-time debt payments of $1.4 billion included in 2006-07 are not repeated.
  • The minimum Proposition 42 debt repayment is included in 2007-08 per Proposition 1A at $83 million.
  • Removal of a one-time increase in the percentage of spillover revenues allocated to the State Transit Assistance budget from 80 percent back to the customary 50 percent accounts for -$94 million, removing one-time Proposition 42 loan repayments accounts for -$109 million, an increase in revenues adds $21 million, and a reduction of $102 million to offset unintended payments in excess of the statutory formula in 2006-07, results in a net change of -$284 million to transit operating grants compared to the 2006-07 budget.
  • The change table for the BTH Agency reflects updated 2007-08 local assistance and capital outlay expenditures as well as carryover from past years appropriations. New and adjusted capital spending at both the state and local level comprises the majority of adjustments displayed in the Other Workload Adjustments line.
The major policy adjustments included in the Budget are discussed in Program Enhancements and Other Budget Adjustments.
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CHAPTER HIGHLIGHTS for Business, Transportation, and Housing Back to Top

 Major Accomplishments in 2006-07
image of black pointing arrowProposed Business, Transportation and Housing Spending in 2007-08
 Program Enhancements and Other Budget Adjustments
PRINTABLE BUDGET DOCUMENTS Back to Top
Budget Summary - Business, Transportation, and Housing (pdf * - 103K) -
Provides this entire Business, Transportation, and Housing Chapter in pdf format.
ADDITIONAL INFORMATION Back to Top
Proposed Budget Detail - Business, Transportation, and Housing
Displays Proposed Budget Detail information for Business, Transportation, and Housing.