Gov. Davis Eyes Tobacco For Budget

Finestone, Deborah
January 2002
Bond Buyer;1/11/2002, Vol. 339 Issue 31302, p1
Trade Publication
Reports on the proposal of California Governor Gray Davis to securitize state's share of the national tobacco settlement for balancing the budget of the fiscal year 2002 without increase in taxes. Budget shortfall in the year; Proposal to reduce expenditure; Finance of the general funds from idle money in special fund accounts.


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