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9350 Shared Revenues
Budget-Balancing Reductions
- The General Fund reduction amount for Shared Revenues is $1,250,000.
- The Governor's Budget proposes a 10 percent, $1.2 million reduction in trailer vehicle license fee backfills. Legislation is proposed to reduce by 10 percent the amount provided to local governments.
- The Governor's Budget proposes a 10 percent, $50,000 reduction in tideland revenue disbursements. Legislation is proposed to reduce by 10 percent the tideland revenues provided to local governments.
- Additionally, special session legislation will be proposed to delay the transfer of excise tax revenues from the Highway Users Tax Account to cities and counties from April through August to September 2008, in order to provide a necessary source of borrowable funds for the General Fund.
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