Friday, February 20, 2009

impact of state budget on LA County

We estimate that the County would lose $25.8 million in FY 2008-09 above the FY 2008-09 State Budget Act for a total loss of $154.4 million in FY 2008-09, and a projected loss of $98.0 million in FY 2009-10. This would result in total loss of $252.4 million through June 30, 2010. Please note that these losses do not account for the Governor's anticipated $600 million in line-item vetoes, and it has been reported that the line item vetoes will be primarily in the areas of corrections and education.

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