As many of you know, the State Legislature is attempting to balance its budget by taking money from local governments. This year, the State is set to take, not borrow, $5.6 million from Foster City alone. Next year they will be taking at least another $1.2 million. None of this will be repaid!
Although Foster City is in good financial health, local funds are used for public safety (police and fire), road maintenance and improvements, parks, recreation and many, many important services that effect all of our daily lives. In order to prevent local governments from being put in the same position as the State, we need your help to protect local revenues and to keep them local.
The League of California Cities has put together a petition to put a measure on the November ballot to stop the State from taking local funds. We need all registered voters to sign that petition and to protect not only Foster City's funds, but the funds of every City in our State.
The State Legislature has taken the position that any money that is not already allocated to a specific purpose is "in play." Thus, unless we act quickly and affirmatively this will not be the only local funds that the State will look to grab.
Please help stop this and if you have not already done so, and you are a registered voter, please sign the petition supporting this ballot measure. There should be blank petitions at the Foster City Chamber of Commerce office, but if you cannot find a petition to sign, let me know and I will take care of it.
Thank you for taking the time to read this email and for helping us to stop the State's taking of our local money.
If you know others who may be interested in helping, please forward this email to them.
Charlie Bronitsky
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