Legislative, Judicial, and Executive
0959 Debt Limit Allocation Committee

The California Debt Limit Allocation Committee's mission is to allocate tax-exempt private activity bond authority for the State of California. Private activity bonds may only be used by the private sector for projects and programs that provide a public benefit.

The federal government limits the amount of tax-exempt private activity bond authority that can be issued in a state on an annual basis. The limit of bond authority in 2006 is calculated by multiplying the state population by $80. California has the largest population, and thus has the largest debt (or tax-exempt bond) limit, which totaled over $2.8 billion in 2006. More.....

EXPENDITURES Back to Top
The following table presents total enacted fiscal year positions and expenditures. These expenditures include all funding sources that support the state department's programs.
Expenditures Enacted
2007-08*
Positions
Dollars
Totals, Positions and Expenditures (excluding Infrastructure)
9.0
$1,200
    Infrastructure
-
-
Totals, Positions and All Expenditures
9.0
$1,200

DETAILED EXPENDITURES BY STATE FUNDS Back to Top
The following table presents enacted state fund expenditure amounts for the fiscal year by General Fund, special funds, and selected bond funds.
Expenditures Enacted
2007-08*
General Fund
$-
Special Funds
1,200
Selected Bond Funds
-
Totals, State Funds
$1,200