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Highlights
- State Launches "Community Stabilization Home Loan Program"
- Governor Schwarzenegger Highlights Economic Benefits of Proposition 1C
- Governor Signs Legislation to Expedite Funding for Transportation and Housing Projects
- Secretary Bonner Welcomes 2008 BIO International Convention to California
- Governor Schwarzenegger Announces $136 Million for Transit Projects
- Governor/CHP Highlight New Cell Phone Laws Taking Effect July 1
- California Selected as Partner State for CeBIT 2009
- CTC Approves Landmark $3 Billion Goods Movement Program
News and Press Releases - 2008
FOR IMMEDIATE RELEASE
May 14, 2008
Contacts:
Mike Bowman
(916) 323-5416
BTH Secretary Dale E. Bonner Statement on Governor Schwarzenegger’s May Budget Revise
Business, Transportation and Housing Agency Secretary Dale E. Bonner issued the following statement today regarding the Governor’s 2008-09 May budget revision:
“Governor Schwarzenegger has proposed a responsible solution to the state’s systemic budget problem without raising taxes and one that will bring stability and reliability back to California’s fiscal and economic climate.
“As the Governor acknowledged in his budget announcement in January, fiscal year 2008-09 was going to be financially challenging for California. Fortunately, the Governor understands that even during a difficult budget situation, we still need to maintain California’s infrastructure investments to continue the state’s economic growth, create jobs, and improve quality of life for all Californians.
“The Governor will continue his ongoing commitment to prepare California for the future by addressing critical gaps in the state's infrastructure. Californians demonstrated their support for infrastructure investment in November 2006 when voters overwhelmingly passed the bond measures. It is vital that we continue our infrastructure rebuilding progress and deliver positive results as quickly as possible to the people of California."