This budget provides funding for cities and counties to help defray the loss of revenue as a result of the Homeowners' Tax Relief Program, that provides California homeowners assistance through a $7,000 exemption from property tax, and the Open Space Subventions Program, that provides tax relief to individuals who agreed to hold their land as open space under the Williamson Act of 1965. In addition, this budget receives the excess funds from loan repayments from individuals that participated in the Senior Citizens' Property Tax Postponement Program.