General Government
9612 Enhanced Tobacco Asset-Backed Bonds

In accordance with Government Code section 63049.1, the Enhanced Tobacco Settlement Asset-Backed Bonds item appropriates $1,000 and authorizes the Director of Finance to allocate up to $200 million General Fund if tobacco settlement revenues are insufficient to pay the costs of debt service and operating expenses. While this authority was necessary to sell the Tobacco Settlement Revenue backed bonds, it is not anticipated that the General Fund will be required to make any payments.
EXPENDITURES Back to Top
The following table presents proposed and revised budget year expenditures for this Department.
Expenditures January '16
Proposed* 		May '16
Revised* 		Change* % Change
Totals Expenditures (excluding Infrastructure)
$1
$1
$-
0.00%
    Infrastructure
-
-
-
-
Totals, All Expenditures
$1
$1
$-
0.00%

POSITIONS Back to Top
The following table presents proposed and revised budget year positions for this Department.
Positions January '16
Proposed 		May '16
Revised 		Change % Change
Totals, Positions - - - -

DETAILED EXPENDITURES BY STATE FUNDS Back to Top
The following table presents proposed and revised state fund expenditure amounts for the budget year by General Fund, special funds, and selected bond funds.
Expenditures January '16
Proposed* 		May '16
Revised* 		Change* % Change
General Fund
$1
$1
$-
0.00%
Special Funds
-
-
-
-
Selected Bond Funds
-
-
-
-
Totals, State Funds
$1
$1
$-
0.00%

ADDITIONAL INFORMATION Back to Top
Proposed Budget Detail - Enhanced Tobacco Asset-Backed Bonds (January 2016)
Displays Proposed Budget Detail information for Enhanced Tobacco Asset-Backed Bonds.