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State funds for projects frozen

Local education is hit hardest as fiscal officers vote to cut off funds amid budget deficit.

December 18, 2008|By Jeremy Oberstein
(Page 3 of 3)

But optimism that the state would soon find a means to balance its books and kick-start California’s spiraling economy was scant after the Legislature’s latest failed budget vote. The Assembly split mostly along party lines Tuesday night in rejecting $11.3 billion in tax hikes and $7 billion in spending cuts, leading to Wednesday’s vote by the three-member panel.

The Legislature said it will continue attempts to hammer out a balanced budget and avoid a prolonged fiscal crisis, which ingloriously defined last summer’s legislative session.

The memory of last summer has left some wondering about the state of future projects in Glendale, including a $3.3-million package approved by California for traffic signal synchronization on the city’s major streets.

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“We’re very, very concerned at where this could go,” Zurn said. “I’m hoping this is the end, but I would never say that.”


 JEREMY OBERSTEIN covers business, politics and the foothills. He may be reached at (818) 637-3215 or by e-mail at jeremy.oberstein@latimes.com.

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